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Newcastle In Saudi Royal Family Takeover Link


The Wall Street Journal have a report out that a Saudi Sovereign-Wealth fund is in talks for a potential £340m takeover of Newcastle United.

The article is subscription only but the Northern Echo has also written a report on this news.

The buyer would be the Public Investment Fund, which is headed by Saudi Crown Prince Mohammed bin Salman. The Saudi Wealth Fund is reportedly joined by British financier Amanda Staveley who was involved in a takeover attempt of Newcastle a few years ago.

Mike Ashley has long held that a takeover will only happen quickly and behind closed doors. So this latest report seems a bit dodgy although it is being reported by three journalists with the Wall Street Journal.

This latest takeover rumor comes on the heels of Roma’s co-owner James Pallotta’s reported interest in Newcastle once he is able to sell his majority shares in the Serie A club.

However, Pallotta has recently denied any interest in purchasing Newcastle. We’ll see what comes of this latest takeover talk.


26 comments so far

  • Shadow_Shearer

    Jan 25, 2020 at 12:32 PM

    Comment #1

    Here we go again. The same excuse to stop transfers.

    12
  • kilcline

    Jan 25, 2020 at 12:32 PM

    Comment #2

    Boring

    Hope for a good cup showing

    1
  • Shadow_Shearer

    Jan 25, 2020 at 12:33 PM

    Comment #3

    Don’t fall for this non sense again

    5
  • G

    Jan 25, 2020 at 12:35 PM

    Comment #4

    Deja Vu, and bovine excriment

    4
  • #BoycottAshley ( OP)

    Jan 25, 2020 at 12:35 PM

    Comment #5

    So many buyers so little interest to sell.

    Prove me wrong Mike

    5
  • Ron Knee

    Jan 25, 2020 at 12:37 PM

    Comment #6

    Lee Ryder@lee_ryder

    Sources close to deal have confirmed there has (sic) been talks but as yet no firm bid on the table. Yes we’ve been here before #NUFC

    4
  • #BoycottAshley ( OP)

    Jan 25, 2020 at 12:38 PM

    Comment #7

    On SSN now

    Claiming their sources say theres foundations in the story but theres another group at the table.

    Yawn

    3
  • lochinvar

    Jan 25, 2020 at 12:39 PM

    Comment #8

    Nothing to do with Season Ticket renewal dates then.

    Amanda Staveley – do we know her ?

    Check the curry houses out, they should know what’s happening

    8
  • Mindshaft

    Jan 25, 2020 at 12:40 PM

    Comment #9

    Yawn….. Surely people aren’t going to fall for this rubbish again

    7
  • #BoycottAshley ( OP)

    Jan 25, 2020 at 12:44 PM

    Comment #10

    I’ve just seen Mbappe in Greggs

    4
  • bettyswallocks

    Jan 25, 2020 at 12:44 PM

    Comment #11

    This takeover scenario could be our most realistic hope of ridding ourselves and society of the Ogre that is Mike Ashley. I don’t mean to suggest that Ashley is likely to conform to a straightforward fair minded business negotiation resulting in the club being sold, we all know he is not capable of that. However when the inevitable goal post moving and insulting of the interested buyers kicks in , then this could hopefully lead to the very painful demise of our delightful owner.

    9
  • Mindshaft

    Jan 25, 2020 at 12:45 PM

    Comment #12

    Anyway easy win today , they haven’t won a game in 2020 and have a quite a few of first team out with injuries ….surely even we can’t mess this up – hoping for an easy home fixture in 5th round

    0
  • lesh

    Jan 25, 2020 at 12:45 PM

    Comment #13

    Could Mikey boy’s WhatsApp’ been compromised?

    If he ever needs to go to the Saudi embassy will he walk out or smuggled out in a Bin liner? (that might be too subtle for some!)

    He might just realise that these guys don’t like pi$$ takers and get the help out of our club.

    On the downside, this might turn out to be yet another distraction, a side-show in Mikeyboy’s circus.

    4
  • Mindshaft

    Jan 25, 2020 at 12:46 PM

    Comment #14

    Just seen that sheik in Gregg’s eating a pulled pork pastie !!!

    2
  • Mindshaft

    Jan 25, 2020 at 12:47 PM

    Comment #15

    Possibly signing mbappe who has also been seen in Gregg’s – it’s happening !!!

    1
  • lesh

    Jan 25, 2020 at 12:47 PM

    Comment #16

    bettyswallocks

    @11

    For once, we seem to be on the same page. 🙂

    0
  • lesh

    Jan 25, 2020 at 12:49 PM

    Comment #17

    Mindshaft

    That wasn’t Mbappe, it was a Gregg’s bap!

    0
  • JP...from The Rock

    Jan 25, 2020 at 12:49 PM

    Comment #18

    As much as I would love this latest takeover news to be true, the fact that it is in the news makes the thing dubious. Even AshLie said it would be in the news once it’s done and dusted. Also Stavley involved again and at £340m? If he were a trillionaire as mentioned why not off AshLie £400m to guarantee it’s a done deal, no wheeling and dealing needed of your that filthy rich I would assume.

    1
  • Munster Mag

    Jan 25, 2020 at 12:50 PM

    Comment #19

    It’s the Wall Street Journal so it has to be true. I’m running with it 🙂

    0
  • Jamaal Dubravka

    Jan 25, 2020 at 12:50 PM

    Comment #20

    Financial Times reporting that the group will invest 200m into the club upon purchase

    0
  • IrishRob

    Jan 25, 2020 at 12:50 PM

    Comment #21

    Lol lol lol lol lol lol lol lol lol lol

    2
  • stan anderson

    Jan 25, 2020 at 12:52 PM

    Comment #22

    He is gonna sell this time other wise he,ll end up mince in th pies.
    Am putting me name on the ST waiting list now.
    Howay Bin Sal.

    1
  • Jail for Ashley

    Jan 25, 2020 at 12:55 PM

    Comment #23

    So with an estimated 30M in the pot we are reaping the rewards of the special relationship between Mikey and Steve and the manager has been backed to the tune of two loans who have four competitive games a year between them. I hope Stevie doesn’t upset Mike and he withdraws his support.

    15
  • Munster Mag

    Jan 25, 2020 at 12:58 PM

    Comment #24

    Irish Rob!

    1
  • coming home

    Jan 25, 2020 at 1:02 PM

    Comment #25

    This is happing this time

    1
  • bettyswallocks

    Jan 25, 2020 at 1:27 PM

    Comment #26

    Lesh…………. I told you that there would eventually be things we could agree on.
    By the way you didn’t reply when I asked you if you would be going to London on the 31st to join in with Nige’s knees up?

    0

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