Some breaking news in the last few moments with Sky Sports and club sources at NUFC confirming that Amanda Staveley and PCP Partners HAVE now launched a £300m bid to buy Newcastle United football club from Mike Ashley.
This comes as HUGE news for the club, breaking the unbearable silence after we’ve waited several weeks for Staveley and co. to lauch an official bid following the due-diligence phase of the takeover.
PCP Partners headed by Amanda Staveley has tabled a formal takeover bid for Newcastle United Football Club in the region of £300m and they hope to get exclusivity on talks this week
— Sky News Newsdesk (@SkyNewsBreak) November 20, 2017
BREAKING NEWS: Newcastle receive £300m bid from Amanda Staveley. More here: https://t.co/7rVjxV0tlR
— Sky Sports News (@SkySportsNews) November 20, 2017
— Lee Ryder (@lee_ryder) November 20, 2017
Before we get too excited, we must remember that Mike Ashley must still accept this bid, but it is a massive boost to see Staveley and PCP Partners finally lodge an official offer after weeks of speculation and hope.
Interestingly, Sky News report that Staveley and PCP Partners now hope to get ‘exclusivity on talks this week’ in an attempt to get the takeover wrapped up before Christmas.
While we await Ashley’s response, here’s some reasons why he might just accept the offer:
Reasons for Mike to accept:
– Tax fraud case
– Profit overall
– Has put the club up for sale, willing to accept installments
– £300M to invest elsewhere
– Deal done by Christmas, as wanted by both parties.
– We get rid of each other, never to be seen again#NUFC
— NUFC 360 (@NUFC360) November 20, 2017
I’ve got everything crossed! Do the right thing Mike!