Journalist says £300m takeover finally ‘given the go ahead’ & official announcement now ‘imminent’

According to John Richardson – a North-East reporter for The Mirror – “reliable Middle East sources” are now claiming that a Saudi-backed takeover of Newcastle United is “imminent”.

Richardson shared the ‘news’ on Twitter just moments ago, claiming an official announcement will now follow after a £300m deal was ‘given the go ahead’ by the Premier League:

With this in mind, it suggests Premier League approval may have finally arrived – meaning the only hurdle left would be to simply send the funds over to Mike Ashley.

Only time will tell if these big claims prove to be true, however he isn’t the only journalist who’s been speaking bullishly about a potential deal today, with George Caulkin stating it ‘will’ happen – also saying he’s “sure it’ll be given the green light”.

There was a lot of negative noise last week, but since then we’ve had a wave of silence (which is often seen to be golden in situations like this) and seen the Premier League make progress with the 2019/20 season and ‘Project Restart’, meaning they may have finally been able to focus on ratifying this £300m takeover over the past few days.

IF they are true and approval really has arrived, next week really could be the week, with it likely to take a good few working days for the £300m to transfer over to Mike Ashley’s bank account.

Is it finally time to get those cans out? I wouldn’t be darting for the fridge just yet, but these are more convincing claims from reputable reporters..

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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.

8 thoughts on “Journalist says £300m takeover finally ‘given the go ahead’ & official announcement now ‘imminent’

  1. Do we really need ‘ a good few working days’ to transfer the money over? Really?
    In this day and age?
    Just another holding ‘next week or two’ job in my opinion.

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  2. Every day of holding this much in a bank is a $h!tload of interest for said bank.
    Cant blame them if its legal.

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  3. We hear that our beloved owner wishes to get involved in another club when the in coming team stuff his wallet. Will he be subject to the owners and directors test that the in coming team are being subject to? If so, and remembering his shoddy practices during the current crisis that have brought derision from all and sundry, will he be declared a fit and proper person?

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  4. Well I’m starting now my cans keep begging me to open them every time I open my fridge. So by the time it is finally announced I’ll be well on my way to ecstasy. Cheers everyone and bye bye Mr Ashley.

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  5. Guys and girls. Ramadam doesn’t end until Saturday or Sunday so no announcement is likely to happen until after. Fingers crossed we can all open our cans and laugh our heads off at the potential of the future very soon. Toon Army!

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