Peter Kenyon Expected To Make Crucial New Bid For Newcastle

The Chronicle has an update on the potential takeover today – after a flurry of news over the last couple of days.

The letter from Peter Kenyon to Mike Ashley released to the press was sanctioned by both Ashley and Kenyon.

It was to counter the growing feeling among skeptical fans that this was nothing but another attempt by Ashley to try to sell the club but then he would pull out at some stage – probably after the January transfer window has ran its course.

The letter seems to suggest a deal could be close, and the conclusion is that Peter Kenyon will come back to Ashley with an improved bid – with the backing of Rockefeller Capital Management Group.

The first bid he put in was rejected by Ashley.

It was reported to be £200M up front plus an additional £100M when and if Newcastle qualified for the Champions League in the next ten years.

Maybe Kenyon could increase the £200M upfront money and reduce the amount dependent on the future performance of Newcastle United – presumably under Rafa Benitez as the manager.

Peter Kenyon  – readying an improved bid for Newcastle?

Ashley also has suggested the groups led by Peter Kenyon and Garry Cook could come together as one and make a combined bid for the club.

That’s what Ashley would like becasue he would expect to get very close to the price he is asking for Newcastle.

Kenyon’s group could bid say £200M, and maybe the other consortium could add the extra £100M needed.

So Rockefeller Capital would own 66.7% of the club and Garry Cook’s group (said to be backed by American money) the other third.

While £300M is the figure reported as the price of Newcastle – apparently Ashley would accept less than that – and maybe £280M is a more accurate figure.

It will be bad news if the next offer from Kenyon is not accepted and the two consortia also refuse to pool their financial resources to buy Newcastle.

But if history is anything to go by – this circus will drag on until the end of the transfer window.

Rafa Benitez has to ensure in that time that he gets three or four good players so they can help us avoid another relegation.

And by the beginning of February when we have played Chelsea, Cardiff, Man City, and Tottenham, we could be deep in relegation trouble.

Rafa has his hands full to keep Newcastle as a Premier League club by May.

We have to hope Newcastle can survive and that we can get a couple of wins in those four tough upcoming games.

What do you think?

Comments welcome.



21 comments so far

  • Sad Frog II

    Jan 6, 2019 at 3:25 PM

    Comment #1

    Lies, lies, lies

  • Jib

    Jan 6, 2019 at 3:27 PM

    Comment #2

    Dubravka Slovakia between Hungary and Czech republic
    Miha Zajc Slovenia between Austria and Croatia

  • chancel be a fine thing

    Jan 6, 2019 at 3:32 PM

    Comment #3
  • crawfordm

    Jan 6, 2019 at 3:35 PM

    Comment #4

    The Chronicle ??? It is supposed to be a media outlet for the geordie people giving cutting edge news!!!! It is a pathetic parody of its former self. They should all be over Ash lie and his run down of this magnificent club. They just regurgitate old news, give us 5 things we have learned and cower from Ash lie .
    Gibson in his prime would have Ash lie on front and back pages !!!!

  • geordietom

    Jan 6, 2019 at 3:36 PM

    Comment #5

    chancel …

    brill mate pmsfl…

  • Belfast

    Jan 6, 2019 at 3:38 PM

    Comment #6

    Are they still doing the five things, five reasonspppppppp

  • Belfast

    Jan 6, 2019 at 3:39 PM

    Comment #7

    Five key reasons, five key things…… Hehe

  • Bobbybee

    Jan 6, 2019 at 3:44 PM

    Comment #8

    Chancel, that’s quality if it’s not just a photo shop job. 🙂 Even our lass laughed at that and she has zero interest in football. I have tried extremely hard to get her interested in the game and you’d think, given my obsession, she’d have cracked by now, but sadly no.
    That said, she has come with me to a few away games and she couldn’t hide her excitement when we scored, so I think she’s blagging me. 🙂 I mean, how can ANYBODY not love football. What a ludicrous suggestion.

  • toon22

    Jan 6, 2019 at 3:45 PM

    Comment #9

    Kenyon just about worked for MA and don’t have the money
    The amount he’s short to buy us wouldn’t be enough to fix the mess the teams in LoL

  • toon22

    Jan 6, 2019 at 3:46 PM

    Comment #10

    So exactly how it’s even a remotely credible attempt at buying us is laughable
    He’s mugging us off

  • jordijohnty

    Jan 6, 2019 at 4:01 PM

    Comment #11

    Champions league, your having a laugh

  • DutchontheToon

    Jan 6, 2019 at 4:27 PM

    Comment #12

    EXPECTED. We were EXPECTED to win the game yesterday but we didn’t. Suggest you state facts in future rather than silly comments like this.

  • mainemagpie

    Jan 6, 2019 at 4:40 PM

    Comment #13

    The 100m in 10 years if Newcastle get into the Champions League is ludicrous on it’s face.

  • sickandtired

    Jan 6, 2019 at 4:41 PM

    Comment #14

    Amanda’s three offers were all better than Kenyon’s, and Ashley dismissed her as a time waster. This whole saga stinks.

  • DubaiMicky

    Jan 6, 2019 at 5:14 PM

    Comment #15

    Anyone else thinking – and say it in an Oz (Auf wiedersehn pet) voice…

    Ah bollocks man.

  • Douglas

    Jan 6, 2019 at 5:18 PM

    Comment #16

    I think the only way Rafa will sign a new-extended contract is is someone like Kenyon can convinve Rafa that the deal will go through. He´ll not take FMA´s word on anything.

  • DubaiMicky

    Jan 6, 2019 at 5:36 PM

    Comment #17

    Why should Rafa sign an extension?

    Anyone know?

    I wouldn’t.

    Oh and on wantaway welsh boy, if I wanted to move to Wales and was employed by (Let’s say Sage), and Sage didn’t have an office in Wales, could they sell me to another accounting firm in Cardiff?

    Sickens me.

  • ShearMagic

    Jan 6, 2019 at 7:01 PM

    Comment #18

    In the same boat with my misses aswell and ask the same question myself!
    Once your a supporter you can’t think of a world without it haha.
    She won’t even give it a try, her knowledge is so poor anyway she doesn’t have a chance.
    A player got sent off the other day and she said ‘well why don’t they just replace him with a substitute’

  • ShearMagic

    Jan 6, 2019 at 7:02 PM

    Comment #19

    Still.. I may get a picture of Mike Ashley and put him on my toilet. At least she knows who he is now

  • Moonraker15

    Jan 6, 2019 at 8:07 PM

    Comment #20

    Ed this isn’t an update! It’s a theory based on the leaked letter. A joint statement with some facts would have been an update. The chronicle is absolutely useless; they should be probing and questioning Ashley to get the facts. Our great club is in danger of meltdown and Ashley is playing around like a petty criminal selling a market stall!
    Ashley is heading for a shit storm if he doesn’t spend some money in January!

  • Sav

    Jan 7, 2019 at 12:30 AM

    Comment #21

    I wonder if Rafa would allow me add my signature to the bottom of the letter he tables in May to Mashley telling him to f*** off and stick his crippled club up his great fat a***? And with this latest blatant stunt Kenyon has just allied himself with the wrong bloke and alienated 50,000+ fans. Any new owner could have ridden into Newcastle on the crest of a wave but not Kenyon. We surely haven’t waited out 13 long, miserable years for Mashley to be replaced by just another greedy, lying s***bag?


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