Staveley-led consortium reject piracy claims as path clears for £300m takeover decision – Report

According to the Chronicle, the Amanda Staveley-led consortium bidding to buy Newcastle are ‘confident’ that the coast is now clear for a decision to be made on a £300m takeover.

The Premier League’s focus on “Project Restart” appears to have contributed to the tedious delay, but now dates have been announced for the return of top flight action, it is thought the would-be buyers are expecting things to progress now attentions can be focused on the Saudi bid.

Another major hurdle for the deal has been the ongoing piracy issues concerning illegal streaming network BeoutQ – not that the Stavelely-led consortium are expecting this to scupper a takeover.

BeIN Sports claim that the Saudi state are behind the piracy and the Guardian reported last week that this had a significant chance of jeopardising the takeover.

However, the Chronicle have since revealed that our would-be owners have ‘rejected’ such concerns surrounding the deal, insisting that there is no link between the individuals involved and the BeoutQ network.

On top of all this, Premier League chief Richard Masters has responded to questions on a proposed takeover from Sky Sports’ Bryan Swanson today; not that he gave away a great deal:

Now the football action has a date in place, there are no excuses for why the Premier League can’t complete these ‘fit and proper persons’ tests.

There is no football on and Project Restart is a go, so there is literally nothing for them to further delay the process of our deal.

I think most Newcastle fans are just wanting an answer either way at this stage. Let’s hope we get that soon.

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

5 thoughts on “Staveley-led consortium reject piracy claims as path clears for £300m takeover decision – Report

  1. Hopefully there is no clause about relegation in the purchase contract as Bruceless has no clue unless he has taken a Tactics 101 course during the shutdown!

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  2. He seems to have done alright beforehand keeping us well clear of the drop zone… Credit where its due and all that !! or maybe just change the record!

    LA Toon:
    Hopefully there is no clause about relegation in the purchase contract as Bruceless has no clue unless he has taken a Tactics 101 course during the shutdown!

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  3. benitez no way the football was very bad to watch,older fans who saw the keegan days and bobby robson football know what i mean, benitez won trophies but that was along time ago.Football has changed ,benitez was good at getting young fans on his side by standing up to ashley .we need a good manager who plays a good football to get the atmosphere back.

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  4. “Staveley-led consortium reject piracy claims as path clears for £300m takeover decision ”

    Explain again how the path has cleared for a takeover decision?

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  5. Helen Clarey:
    “Staveley-led consortium reject piracy claims as path clears for £300m takeover decision ”

    Explain again how the path has cleared for a takeover decision?

    It’s explained in the article. Project Restart is well underway with plans for the return of PL football set, so it’s widely expected that they’ll be able to focus on this takeover now.

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