New takeover movement arrives on Companies House & new name added – £300m deal imminent?

Some intriguing movement on Companies House has just been highlighted in the last few moments, with a new director being appointed to NCUK Investment – the vehicle that could be used to transfer shares in Newcastle United.

Saudi national Bander Mogren is the man who’s just been added – alongside Yasir Al-Rumayyan and Vincent Cheshire – with Mogren being the chief operating officer of the PIF (Public Investment Fund).

See it for yourself below:

Interestingly, The Chronicle have since revealed that ‘rules state directors must be on board before checks can take place’ – and Bin Mogren was added on April 9th, indicating the checks have been ongoing for 19 days.

with this in mind and the appointment only just being filed today, it’s another big sign that this £300m deal is nearing completion.

This news comes after George Caulkin insisted that the Saudis were well on track to gain Premier League approval, even suggesting that it should be announced “very soon” once the full payment arrives in Mike Ashley’s bank account.

More signs that an announcement is edging closer, with this week feeling as though we could finally be about to see this saga reach a positive conclusion – and breathe a huge sigh of relief.

Exciting times!

(Fancy writing for us? Get in touch at NUFCblogsubmissions@gmail.com & we’ll get back to you!)

10 thoughts on “New takeover movement arrives on Companies House & new name added – £300m deal imminent?

  1. …. and could you enlighten us Stephen as to why this would be or are you just a troll (or Mackem)?

      (Quote)

  2. Just been and bought 18 cans then realised I don’t drink. Well I’ll just have to start. Original prediction of May 1st is looking good.

      (Quote)

  3. I think the deal will go through tomorrow, but nothing to do with that notice on Companies House.

    Mogren was appointed on 9th April – 3 weeks ago. He was appointed before the paperwork went in.
    How can it be a sign that the process was about to start and also a sign that it is about to finish?
    With Companies House there is a latency – it takes days or even weeks for appointments to make it through their system so the fact that it went up on Companies house yesterday means nothing more than it was submitted to Companies House a few days or couple of weeks ago.

    Also you say this indicates that checks have been ongoing for 19 days. Why? This is Companies House, not the Premier League. All this is a sign of is that Mogren was appointed to the position on 9th April.

    You are confusing his appointment with the company, with the submission of bid papers to the Premier League two completely different, unconnected processes.

      (Quote)

  4. If they are worried about human rights abuse from the new owners,what about the human rights abuse we’ve had for the last 13 years?

      (Quote)

Leave a Reply

Your email address will not be published. Required fields are marked *

Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green