Time ‘running out’ for a takeover – but could this be the answer?

Peter Kenyon’s takeover interest appears to be serious, but the one issue being mentioned in all the reports I’m reading is time. Will a deal be struck in time for him to arrive in January and back Rafa Benitez in what looks set to be a crucial window for the club?

It’s an issue which, on the face of it, could leave a deal hanging in the balance, however there’s a potential solution to this which could make a January takeover feasible for all parties. 

As you can see in the tweet below, the Mail’s North-East reporter Craig Hope said revealed this time last year that Ashley would fund January spending on the basis that he’s refunded by the new owner once a buyout was complete. Yes, nothing came of Staveley’s interest in the end, but could a similar approach be taken if Kenyon’s potential late arrival in January threatened to call off a takeover? 

One issue with this is the cost, with reimbursement of January spending AND a £300m takeover deal being a heavy hit for Kenyon and his backers to take financially – although I’d imagine they wouldn’t be in any position to complete a takeover if they didn’t have this sort of cash available to them?



Time will tell how it unfolds, with this purely being hypothetical, however it’s a valid argument given this takeover looks set to spread into January – a month that is crucial for Benitez and the team, with reinforcements essential in our fight for survival.

A prime example would be Miguel Almiron – a big money deal that only looks possible if it’s not Ashley’s money that makes it happen. 

(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.

3 thoughts on “Time ‘running out’ for a takeover – but could this be the answer?

  1. How would it affect a transfer window, when effectively the club FUNDS itself bar a no interest loan to Ashley which is in black n White in the company accounts ? The question is this season’s accounts and what the exact profit margin has been and next season’s projections will determine Rafa’s budget, takeover should not affect the playingside at all…

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  2. According to the Daily Express the team working on the sale for the law firm have been told all Christmas leave has been cancelled and the sale is expected to go through by or early in the new year. Still not convinced though.

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  3. People would have to be bloody stupid to believe this takeover crap. Maybe after we’ve spent no money in January and are safe from relegation, possibly.

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