Sky Sports provide key update on takeover talks following news that Ashley will REJECT opening bid

It has been reported this morning that Mike Ashley will reject Amanada Staveley and PCP Partners opening offer in the region of £300m, however positive news has emerged on the likelihood of a deal being struck – with Sky Sports’ North-East representative Keith Downie revealing that both parties ‘remain convinced’ that a deal can be struck.

A positive message from the Sky Sports correspondent, who also suggests that a new bid from Staveley and PCP Partners could be likely before the week is out.



The Chronicle’s Chief sports writer Lee Ryder has also revealed that both parties are talking – deeming that a ‘very positive’ sign in an attempt for both parties to seal a deal.

There’s a long way to go before we can get carried away, but these are certainly promising signs considering Staveley’s initial offer seems to have fallen short of Ashley’s valuation.

North East correspondent Craig Hope – who believes Ashley will reject the offer – has also revealed this morning that Staveley & PCP have NOT yet entered a period of exclusivity with NUFC, but it’s promising to here that both parties remain optimistic on the deal.

(Fancy writing for us? Send any articles/ideas over to us at [email protected] & we’ll get back to you!)

About Olly Hawkins

Born in Gateshead, Olly was a Junior Magpie from birth. As a season ticket holder and avid Newcastle United fan – he eats, sleeps and breathes all things NUFC.

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