“Multi-billionaire”, Turkish consortium and Arthur Blank now in takeover frame – Report

According to the Telegraph’s Luke Edwards and the Northern Echo’s Scott Wilson, there are three parties expressing takeover interest – a Turkish consortium, a ‘multi-billionaire’ that’s ‘not from the USA’ and Atlanta United owner Arthur Blank.

This comes following Mike Ashley’s claim last night that talks regarding a sale are more progressed than every before, with several North-East journalists now sharing what they know on a potential takeover following the NUFC owner’s revealing Sky interview.

Firstly, here’s a snippet from Scott Wilson’s piece for the Northern Echo today:

AMERICAN billionaire Arthur Blank is understood to have expressed an interest in buying Newcastle United.

Blank, who is the owner of both the NFL team Atlanta Falcons and the MLS club Atlanta United, is keen to break into the European sports market, and regards Newcastle United as a potentially viable investment opportunity.

The Northern Echo understands that at least three interested parties have held discussions with Ashley and his representatives in the last two months, with at least two signing non-disclosure agreements (NDAs).

Blank’s interest has been touted loosely over the last week or so, however it seems like he is interested – and with him worth over £5billion, the 76-year-old would certainly have the money to make an impact on Tyneside.

Then to talk of interest from Turkey and a ‘multi-billionaire’ who’s ‘not from the USA’, here’s a snippet from Luke Edwards piece for the Telegraph:



‘Telegraph Sport understands than non-disclosure agreements were signed last month and that at least one of the interested parties is wealthy enough to do the deal without complications in terms of the asking price.

‘A Turkish consortium has shown a firm interest since the start of the season.

‘On top of that, there are claims that a “multi-billionaire” who “is not from the USA” has also made an “acceptable” bid in the last few days and is waiting to hear back from Ashley as to whether the process can continue.’

Interestingly, the piece states that ex-Chelsea chief executive Peter Kenyon has been ‘trying to attract investors in the USA in order to launch a takeover’, however Edwards claims that he has been struggling to raise the necessary funds.

We live in hope..

(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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