Sky Sports’ Pete Graves says a source close to Sheikh Khaled has told him that the potential new NUFC owner has ‘exciting’ plans – with him set to invest ‘heavily’ in the ‘club and city’ if his takeover attempt is successful.
This comes after the Bin Zayed group released a statement revealing that they had not only held discussions with Mike Ashley but AGREED terms to buy the club – stating that they hoped to complete the deal as soon as possible.
This, combined with the fact the club have confirmed their statement is genuine, has been described as a ‘major breakthrough’ by Sky Sports’ Pete Graves, but a deal isn’t done yet – meaning there should be some element of caution amongst us NUFC fans.
Nevertheless, here’s what Pete Graves had to say about the group, suggesting they plan to invest heavily if a takeover does go through:
“Statement from Bin Zayed group being stood up by #nufc officials is clearly a MAJOR breakthrough. Many will only believe it when its “official” and that is wise in my opinion. But told by a source that group intend to invest heavily in club and City. Could be hugely exciting”
The estimated family net worth of Sheikh Khaled, the half-brother of Man City’s owner Sheikh Mansour, is £150bn – showing just how much money would be arriving into St James’ Park if this deal goes through.
Exciting times for the club AND the city could be on the horizon, but a deal is NOT done yet, with some suggesting that Newcastle are still awaiting ‘proof of funds’.
Let’s hope this is third time lucky, after Staveley and Kenyon bids fell short, with the thought of another failed takeover attempt being unbearable at this stage – especially when this one could be a game changer.