New takeover bid confirmed by Sky Sports “breaking news” – but it doesn’t make sense…

Some ‘breaking news’ has emerged from Sky Sports in the last few moments, claiming a £350m takeover bid has now arrived from a US consortium led by Henry Mauriss.

These claims have since been backed up by The Chronicle’s Lee Ryder, The Mail’s Craig Hope and The Telegraph’s Luke Edwards, suggesting this could well be Mike Ashley’s ‘back-up’ option should a Saudi bid get blocked.

Interest from Mauriss, the CEO of US TV company Clear TV, has been described as ‘genuine’, however one thing doesn’t add up – why would he bid £350m when a £300m bid has already been accepted by Mike Ashley?

Is there a bidding war we don’t know about? Even if there is, Mauriss bid will mean absolutely nothing if the Saudis do receive approval from the Premier League.

I’m sceptical given it’s £50m more (for no apparent reason?), coupled with the fact we know so little of Mauriss, but this new ‘bid’ could be beneficial in two ways. 1. It may help speed up the Premier League’s decision regarding a Saudi bid and 2. it at least offers a back-up plan should the Saudis be rejected – not that this currently appeals in comparison.

Sky Sports News claim Mauriss ‘would prefer the takeover to happen before the start of the 2020/21 season‘, but I don’t think anyone has the appetite for yet another takeover saga.

Let’s pray this Saudi bid is approved so we can all get excited again and move on with our lives!

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

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.

4 thoughts on “New takeover bid confirmed by Sky Sports “breaking news” – but it doesn’t make sense…

  1. Apparently this middleman Ronni, apart from having served time in jail for fraud, has recent ties with Mike Ashley. We do NOT want ANY association with our current owner at this club. The whole virus has to be cleaned out by the Saudis when they get in.

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  2. I worried that he is an associate of MA and a Tottenham supporter. My understanding is he has less wealth than MA and the thought of Ashley ever setting foot inside SJP again even as a guest is a no no.

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  3. how could the Americans have had a look at the books etc if the Saudi group had exclusivity, having paid a £17m deposit ? I thought they wouldn’t be able to until 🙄 the Saudi bid had ran it’s coarse and bean official rejected by the premier league.

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  4. Too much skullduggery going on here. Masters wants to grow a pair and get on with it instead of sitting on his backside hoping it will all go away.

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