Ever since the news that the Bin Zayed Group led by Sheikh Khaled was uncovered on May 26th, there have been doubts about whether the Sheikh has the money to buy the club.
Since he failed to buy Liverpool last August with a bid for 2B becasue the American owners didn’t want to sell we thought he could put together £350M to buy Newcastle.
The Tyneside club are a much better prospect as far as return on investment (ROI) is concerned.
And every day since then the Chronicle has reported that Mike Ashley is still awaiting an official bid from the group.
But if we are to believe the announcements made by Sheikh Khaled things are going well, but nobody knows what the timeframe of the takeover is.
Last week speaking to the Transfer Window podcast, reporter Duncan Castles has claimed a couple of things.
Sheikh Khaled bin Zayed al-Nahyan
One is that there is great skepticism in the City on the Bin Zayed takeover.
The second is that Jose Mourinho is interested to know if a real takeover is happening because if it is, he would be (very) interested in managing Newcastle.
Freelance reporter Duncan Castles has been speaking to the Transfer Window podcast, and said this about the Newcastle situation:
“I can tell you, Jose Mourinho is interested to find out whether there is a possibility of Newcastle United being bought by a wealthy owner.
“If Newcastle was, he would be interested in finding out whether that is an opportunity for him to manage again.”
“I think it (a Newcastle United Takeover) is a longshot.”
“For the reasons that we explained when we talked about that Newcastle United bid.”
“That it has been presented from a distant, relatively distant member of the Abu Dhabi royal family.”
“That we had skepticism in the City of London as to whether a deal to buy the club was actually in place.”
Things should break open soon – because this dreadful state of affairs can’t go on much past the end of this month.
We hope this breaks for the good of the club.
That would mean Rafa stays, and Mike Ashley sells the club to the Bin Zayed Group or some other ambitious group willing to invest heavily in the club.
If Rafa goes and Ashley stays, that’s a definition of the disaster scenario this summer for Newcastle United.