Following news tonight that Mike Ashley has pulled the plug on Amanda Staveley and PCP’s potential takeover, a statement from sources close to Ashley have offered a brief explanation as to why the deal is now off.
Here’s what ‘sources close’ to the NUFC owner have told Sky Sports tonight following the collapse of the deal:
“It is only right to let the fans know there is no deal on the table or even under discussion with Amanda Staveley and PCP.
“Attempts to reach a deal with PCP have proved exhausting, frustrating and a complete waste of time.”
"It is only right to let the fans know there is NO DEAL on the table or even under discussion with Amanda Staveley and PCP. Attempts to reach a deal with PCP have proved EXHAUSTING, FRUSTRATING and a complete WASTE OF TIME.” Source close to Mike Ashley tells SSN today. #nufc
— Pete Graves (@PeteGravesSky) January 16, 2018
Ironic to hear the words ‘EXHAUSTING, FRUSTRATING and a complete WASTE OF TIME’ be used to describe negotiations with Staveley and PCP. It sounds to me very much like the life of an NUFC fan under Ashley’s torturous 10-year reign at the club.
According to Sky, the relegation compensation clause set by Staveley and co. was understood to be a sticking point at one stage in negotiations and although it was suggested not long ago that progress was being made on the deal, it is now evident that this ‘progress’ never materialised to anything acceptable from Ashley’s perspective.
A crushing blow for our beloved club.