I have read the Mirror report of yesterday from Simon Bird, and he doesn’t give any real new information in his exclusive report.
To say the Saudi-funded bid has been stalled indefinitely is a bit of a stretch.
The other news is that the exclusivity of the Saudi-backed bid has expired, and that’s a more difficult one to understand.
The news was that other bidders can now negotiate with Mike Ashley for the club since the exclusivity of the Staveley bid has run out.
But surely we cannot have two bids for the same club going through the owners’ and directors’ test at the same time?
If that’s allowed, then Henry Mauriss, the Californian Billionaire, is supposed to have a bid ready of £350M, or at least as much as the Amanda Staveley consortium.
So he could formally bid and get an agreement from Mile Ashley since he’s been waiting in the wings for a while now.
So let’s say he gets an agreement and then sends the takeover papers to the Premier League.
Rival bidders for Newcastle?
What are the odds that the Premier League could fast-track his bid – in any case, it seems a simple case for the Premier League to OK a Henry Mauriss deal.
He could pass the owners’ and directors’ test in 3 weeks and be the new owner before the season starts in September.
If that happens, then the Amanda Staveley consortium would be furious.
And rightly so because the Premier League have refused to make a decision – yes or no – on their takeover deal.
In particular, they have not turned it down.
That would be an underhand or cunning way the Premier League could get out of the hole they are in with the Saudi-backed bid.
They have shown no management courage at all over the last three months,
But surely that will not be allowed to happen?
Well, this is Newcastle after all, and we suppose that’s still a possibility.
It’s just a thought, and it comes about because of the news that the exclusivity of Amanda Stavely’s bid has expired.
The big question is – would the Premier League allow another owners’ and directors’ test while one is still active.
What do you think?