A source close to the Bin Zayed Group plotting to buy Newcastle United has claimed “fans won’t be disappointed” – but has warned that any takeover won’t replicate Manchester City.
This comes from the Financial Times’ latest report on the potential takeover, which looks at the groups wealth – something that’s been questioned given they tried and failed to show proof of funds when in talks over a £2bn deal to buy Liverpool last year.
That said, a person close to the company has claimed that they’ve ‘recovered from a financial restructuring’ and now plan to invest in Newcastle United.
Here’s what a ‘source’ close to the Bin Zayed Group have had to say to the Financial Times:
“Fans won’t be disappointed.
“But we will have to manage expectations — we aren’t talking Man City here.”
It’s interesting to see their spokesman insist that Newcastle fans must ‘manage expectations’ should a takeover going through, suggesting that their funds may not be at the same level of Sheikh Mansour’s at Manchester City.
This may be a reality check for some fans, with some joking that we’d be ‘silly rich’ if a Dubai-based billionaire came into the club, however it has been claimed that he’s still worth substantially more than Mike Ashley.
In all honesty, while any new owner would need decent money and a show of ambition to back Rafa Benitez and push us on towards the top 8, I think most Newcastle fans would be happy to have any billionaire in charge if it meant to end of Mike Ashley’s miserable reign.
Let’s hope the Bin Zayed Group can actually put their money where their mouth is and get this deal done, with the following tweet appearing to sum up the situation perfectly as several reporters remain sceptical on Tyneside: