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.
We understand both sides remain convinced a deal can be agreed, with a new bid from PCP Capital possible before the end of the week #NUFC
— Keith Downie (@SkySports_Keith) November 21, 2017
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.
The bid from PCP has been acknowledged by #nufc but there’s still some talking to be done. It’s a structured offer but there’s been no agreement so far. Very positive that both parties are talking.
— Lee Ryder (@lee_ryder) November 21, 2017
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.