A ‘source close to Peter Kenyon’ reveals where he’s currently at in his bid to takeover at NUFC

According to The Northern Echo, a ‘source close to Peter Kenyon‘ claims he is currently in discussions with TWO interested parties in the US as he searches for financial backing to buy NUFC.

The piece does insist that he is ‘a long way off’ being in a position to lodge a formal offer, however they confirm that he has now received interest from ‘at least two’ investors – with him believing that they can provide ‘immediate investment’.

It was reported yesterday that he had not been able to find any financial backers as of yet, but this suggests that there IS people out there keen to collaborate.

Here’s a snippet from their latest piece on Kenyon’s interest in the club:

 “A source close to Kenyon claims his current discussions are focused on the United States rather than the Gulf as he believes there is a greater chance of immediate investment from interested parties in the US.

“Kenyon is understood to have received expressions of interest from at least two different groups, but remains a long way off being able to make a formal approach to Ashley and his advisers.

“The Newcastle hierarchy greeted news of Kenyon’s interest with a fair degree of scepticism when it broke on Saturday morning, and having been frustrated at Amanda Staveley’s public courting of the club last season, there is a determination not to be drawn into another long-running saga that eventually goes nowhere.

“Ashley has previously suggested he is willing to drop his asking price from £400m to closer to £300m, but despite his own lack of investment over the last few years, the sportswear magnate continues to insist he will only sell to a group with ‘sufficient funds to take Newcastle forward’”

It’s interesting to hear that the NUFC hierarchy met news of Kenyon’s interest with ‘scepticism’, however this may be a natural reaction given how things panned out with Amanda Staveley and PCP.



Based on many fans reaction to Kenyon’s interest, I don’t think the club are the only people feeling sceptic about this all.

It’s clearly a long way off and we won’t hold our breath, but let’s hope he can find strong financial backers to give himself a chance – with Ashley said to be unwilling to entertain any offers unless a new buyer can show ‘proof of funds’ and their ‘plans to take the club forward’.

That last line is ironic. Why would he care? We’ve gone anything but forward as a club under his miserable reign.

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

About Olly Hawkins

Olly has been 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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