A joint statement from all parties involved in a £300m takeover is expected to arrive soon, with The Chronicle confirming that a Saudi-backed buyout at St James’ Park is nearing completion.
Premier League checks are said to be all but done, with the transfer of funds set to follow, and Sky Sports have since reported that Mauricio Pochettino is the man Staveley & Co want at the helm ahead of their arrival.
However, no announcement has been made from either the Premier League, the buying or the selling side since the takeover became public, something that is expected to be made any time now.
The Chronicle state that the deal is awaiting the final ‘green light’ from all angles before a formal statement is released to the public – but approval is believed to be a case of ‘when’ not ‘if’, with George Caulkin hinting last night that they could get a thumbs up from PL chiefs today.
Here is a snippet from Mark Douglas’ latest piece on the takeover :
‘Newcastle United’s proposed takeover is moving close to the final stages.
‘Lee Ryder reports this morning that the group attempting to broker a deal with Mike Ashley is now expecting the Premier League checks to be completed and after the money is transferred, there could then be a joint statement by all parties to announce a new era at St James’ Park.
‘He reports that a source close to the group believes the deal is reaching “end game” – although Steve Bruce has been offered no guidance whatsoever from the club on what stage a deal is at.
‘The checks are at their “final stages” and a slew of international transfer stories have emerged, allowing Newcastle fans to get excited about the prospect of a new era.‘
Here’s a snippet from the original piece from Lee Ryder, revealing that all parties are expecting to release a joint statement soon:
‘Many fans have questioned who would announce the deal with a lengthy cast of characters involved in the takeover.
‘But it is understood that all parties are prepared to produce a joint statement which would then be pushed out at the same time.‘
Let’s pray there is some breakthrough in the next 24 hours, either from the Premier League or the club itself, with fans anxiously waiting to hear the big news we’ve been longing to hear for over a decade.
In the event that there isn’t anything announced over the next day, all roads point towards a Friday reveal – allowing us to have a full weekend of #CANS to celebrate!