According to middle-eastern journalist Mootaz Chehade, a Saudi investment company are currently preparing a ‘huge bid’ to buy Newcastle United.
The reporter from ‘Valel’ also claims that Mike Ashley is tempted to sell, however it goes without saying that this must be taken with a real pinch of salt.
Alongside Newcastle, the Saudis are also interested in buying Italian club Genoa as well, they've decided to follow the footsteps of UAE and Qataris and invest in European football heavily too.
— Mootaz Chehade (@MHChehade) October 14, 2018
We’ve had interest from Amanda Staveley last year and Sky claimed just last month that Peter Kenyon was aiming to find investors to fund a takeover bid of his own – and now its claimed that interest has emerged from Saudi Arabia.
The line ‘currently preparing a huge bid to buy Newcastle United’ is an exciting one, but talk that Ashley is now ‘tempted’ to sell is a case of I’ll believe it when I see it for me.
It was reported in the fall out from his recent meal out with Rafa that he would not be selling the club this season, yet the release of the Fans Forum minutes stated that the club WAS still up for sale.
It’s things like this that make it hard to know what to believe anymore – and I wouldn’t blame anyone who totally dismisses this link as a result.
We’ll keep our fingers crossed, but it’s fair to say we’re all living in hope more than expectation when it comes to Ashley’s long awaited exit and the potential arrival of new owners.