New takeover report claims Bin Zayed Group aren’t the only ones keen to buy NUFC – 4 other parties named

According to the Chronicle, the Bin Zayed Group are NOT the only party interested in completing a takeover at Newcastle United this summer.

Their latest report states that Peter Kenyon is still eyeing an executive position and hasn’t gone away and also claims that Amanda Staveley ‘definitely’ remains interested.

They also state that the Mexican-based ‘Orlegi group’ made contact to declare their interest earlier in the year year and that one ‘well-placed source’ said that another group – who ‘already own a club in Europe’ -have been in touch with Ashley’s lawyers.

I know exactly what you’re thinking – ‘It’s Groundhog Day!’. Interest is one thing, but I’ve never known a club receive so much ‘interest’ without being sold.

Nevertheless, here’s what’s been said in the Chronicle’s latest takeover piece this afternoon:

‘As things stand, the Sheikh Khaled-fronted group have signed a heads-of-terms agreement with Ashley and agreed upon a £350m price but the exclusivity stage is yet to be entered, and no detailed contract for a sale has been drawn up.

‘The Dubai-based Bin Zayed Group are among those interested, but critically it is understood that they are not the only party who have advanced further than merely casting envious glances in Newcastle’s direction, as we reported last week .

‘Kenyon’s interest has never waned entirely – and, while the former Chelsea CEO has struggled to bring enough investors on board to raise the capital necessary to buy United, he has continued to court an executive position at St James’ Park.

‘Amanda Staveley and PCP Capital Partners may have been dismissed as “time-wasters” by a source close to Ashley 18 months ago, but the financier is definitely still interested in buying Newcastle United.

‘She said as much to The National four months ago, confirming Newcastle were still of “interest” to PCP , primarily because of their “fantastic” fanbase. Any return to the negotiating table by Staveley was always going to be postponed until the Magpies were safe but her group remain active behind-the-scenes.

‘ChronicleLive understands that another group who already own at least one European football club have also held discussions with Ashley’s lawyers, while Mexican sports company the Orlegi Group made contact earlier this year, too.’

One of two things need to happen now.

It’s either time for one of these interested parties – ideally the BZG – to put their money where their mouth is, make a bid and get this deal done, or it’s time for Mike Ashley to reduce his demands (if that’s the issue) and sell up.

The club is entering a major crossroads. We either build on everything Rafa Benitez has done for us over the past three years, tie him down to a new deal and start showing some direction and ambition as a club, or Ashley fails to sell up, he loses the best manager we’ve had since Sir Bobby and we see things on Tyneside descend into turmoil once again.

This shouldn’t be difficult, but things are Newcastle United are never straight forward.

(Fancy writing for us? Send any articles/ideas to NUFCblogsubmissions@gmail.com & 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.

14 thoughts on “New takeover report claims Bin Zayed Group aren’t the only ones keen to buy NUFC – 4 other parties named

  1. Maybe they are awaiting the outcome of the fit and proper person from the premier league. It is widely reported that they have agreed the price but can’t really rubber stamp the “bid” until it is known that they will be allowed to buy the club.

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  2. Hope this is not Chron reporters basically laying the foundations to dispel and backlash if you ask me. I think they now suspect the ‘contact’ from BZG to Mark Douglas was fake and rather than admit they were wrong to fall for it they are now throwing out a story claiming the others all suddenly back interested to slowly start taking all the focus off the ‘Sheikh’.

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  3. Ashley is a businessman, but he despises the fans. If he is leaving he’ll try and hit us on the way out. The takeover sounds real, but Ashley can whittle down the time until we lose Benitez. Why would he do us any favours unless he makes money off the back of it? I would imagine Ashley will be looking for extras, like shirt selling rights, SD advertising in the stadium even after he leaves etc…He’s a difficult man and won’t budge an inch. Also the more time he uses up now, we’re further behind the rest of the pack for transfers. IF he doesn’t sell, NUFC fans will have to boycott SJP until the lying parasite leaves or goes bust!

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  4. The truth is nobody knows so what’s the point of writing these ridiculous articles? The only people that have made any sort of statements are the Arabs and all credit to them for that. Newcastle fans complain that they are never kept informed but when they are they are just sceptical and then start making things up, pathetic……………..Nobody knows so wrap up !!!!!!!!

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  5. No matter what happens about this club some fans will never be happy. SBR never got the backing of the fans, they got rid of him, they were happy with FS he would spend his last as a ton fan. But as Ashley is a businessman and not spending the way FS did (with his heart) but with his head, he is the devil so let’s back the manager more this time, he is our saint. Forget about spend but more of style, SBR was way ahead of RB, if he wasnt our saint he would have been sacked way before now like the rest of the managers since SBR. Let’s just move on get shot of Ashley first if RB doesn’t sign the contract get someone else who will and start again. HWTL

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  6. If others were actually willing to buy the club, rather than just claim ‘interest,’ you can guarantee they’d not wait until the transfer window was in full swing before making their move.
    This story is 1 of 2 things:
    1)- BS because the Chron have butkis to write about until there’s actually something worth writing about.
    2)- BS from Cashley indirectly trying to quicken up the process so he can have £350m to play monopoly with.
    Either way, you guessed it, it’s BS.

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  7. This is or should be the most exciting time since we were the Entertainers but I’m too exhausted by it all now.

    All this is getting too tiresome and samey, one journalist says this while another says something different. Wouldn’t mind that but it’s not as if anything is being said of any value!

    Blah

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  8. THIS IS ALL TOTAL BULLSHIT PUMPED OUT BY THE FAT BASTARDS GUINEA PIGS.

    ASHLEY IS FULL OF SHITE.

    AS ARE HIS BACKROOM MINNIONS.

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  9. NEWCASTLE SALE ALL THE USUAL SHITE FROM THE FAT PIG ASHLEY.

    THE WORST OWNER OF A FOOTBALL CLUB IN THE WORLD.

    HOPE HE HAS A HEART ATTACK AND SNUFFS IT SO WE CAN ALL LINE UP AND PAY OUR RESPECTS AND PISS ON HIM.

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