Some intriguing claims have emerged from the Telegraph’s Luke Edwards just a few moments ago.
As revealed by the North-East reporter on Twitter just after 7pm, some ‘breaking news’ regarding a SECOND takeover bid to buy Newcastle United could be set to emerge tonight.
Edwards states this mystery deal is ‘verbally agreed’, but admits that what he’s heard regarding the bid makes ‘very little sense’ given the Saudis have contracts signed and are closing in on a £300m deal – being Premier League approval away from becoming our new owners.
Nonetheless, here’s what he’s had to say:
Considering The Times’ Henry Winter revealed yesterday that there were TWO American consortiums ‘interested’ in buying the club off Mike Ashley yesterday, it makes you wonder if this rumoured ‘second bid’ could be arriving from the States.
Either way, this seems a little too last-ditch given the Saudis are now widely expected to get a deal done – especially when they also have a period of ‘exclusivity’, believed to be valid until mid-May.
So, in short, this bid can only be seen as a ‘back-up’ option should the Saudis fail to pass the Premier League owners and directors test – because there’s no way they can move ahead of them in the takeover race unless it collapses (as testing is underway, deal agreed, exchanges confirmed and exclusivity still valid for a few more weeks yet).
We shall see, but I bet this is a late move to try and derail the Saudis efforts to complete a deal, because A) they’re frustrated they’ve beaten them too it and B) there’s a slim chance the deal could yet be blocked via beIN Sports / Amnesty complaints.
Pinch of salt needed, yet big claims that are difficult to ignore nonetheless.