So eventually the Premier League forced the Saudi PIF to withdraw from the Amanads Staveley led consortium.
And from Amada Staveley says she got no help from the Premier League clubs, who don’t want another competition in the top six, where all that big European money is concerned.
If that’s true, that amounts to trying to suppress competition, something that PL CEO Richard Masters, who comes out of this looking very weak, should be dead against.
One of his jobs is to increase the competition in the Premier League – not reduce it.
It may be too early to look to see what we do now, I really appreciate that: when my son Neil called me yesterday and said the deal was off he was devastated to the core.
But that’s not unlike other Newcastle fans all over the world, who have seen Ms. Amanda Staveley (shown above) as a savior for Newcastle, because she shares our dreams and aspirations for the club.
We have been told in the press that Henry Mauriss, the Californian Billionaire is willing to buy the club.
And Henry Winter of the Times says there are two other interested parties out here in the US, not including Mauriss.
PIF #NUFCTakeover withdrawal deeply frustrating for long-suffering #nufc fans desperate to get rid of Ashley. But other interested parties, inc two US. One long-standing bidding group (not Mauriss) weighing up Newcastle & another club. They have the funds. Newcastle prized. 1/3
— Henry Winter (@henrywinter) July 30, 2020
Amanda Staveley has been heartbroken by the withdrawal of the Saudi PIF and her dreams of leading Newcastle to the promised land have been smashed again.
In an interview with the Times, they said she was in tears at the end of the interview, and hoped something could still be done.
And Mandy is so easy to like, because she’s human, loves Newcastle United FC, and is not afraid to show her emotions or give her opinions.
But also remember she is a very talented and a very smart businesswoman – perfect for our club, especially when you think of Lee Charnley – who’s almost the polar opposite.
If Amanda and the Reuben Brothers are still willing to invest £30M each then we presumably need one more investor who is willing to give the remaining £240M.
This is assuming the wily and greedy Mike Ashley does not raise his price for the club – but we don;t think he will.
But the PIF was also going to put in another £250M over the next three years into the club, and Amanda would want that in the deal.
But things now financially are a lot more difficult than they were at the beginning of the year with the financial uncertainties of the coronavirus pandemic – that’s a definite negative.
Maybe one way forward is for would-be investors to contact Amanda and try to get a deal put together.
But that’s a little bit of wishful thinking on our part, because it takes time to get these things together before you send the documents to the Premier League, for their approval.
And the deal cannot be too good and make Newcastle into a top-four or top-six side, because the other top clubs in England, according to Ms. Staveley, seem to be dead again Newcastle becoming a real competitor.
And we don’t trust CEO Richard Masters as far as we can throw him – and that’s not far.
He’s a weakling – a wimp – all show and no guts.
Sorry, Richard, I have to tell the unvarnished truth.