Amanda Staveley will complete the purchase of Newcastle United this week…that is if you believe this Sunday ‘exclusive’.

Two weeks ago (28 October 2017), The Star claimed to have insider knowledge of a meeting between Amanda Staveley and ‘Newcastle Chiefs’.

They said that the meeting was to discuss Rafa Benitez’ January transfer budget and that £100m+ had been guaranteed to spend, with moves for Ross Barkley, Andy Carroll and Luke Shaw discussed.

Things are getting even worse/more desperate where The Star are concerned, as today their ‘exclusive’ (read it below) states that Amanda Staveley ended due diligence last month, and that the takeover of Newcastle United will be announced this week.

On a scale of 1 to 100 on whether I believe this, I think safe to say that the number I would choose doesn’t feature on that scale.

I would put as much faith in The Star’s exclusive as I would on one that featured earlier today.

An Indonesian website published a story claiming Amanda Staveley was set to buy NUFC but it was obviously a case of them googling all the Newcastle United takeover articles of the past month, then taking a little bit from here, a little bit from there, and producing their own ‘Blue Peter’ make your own Newcastle United takeover article. They had Staveley (they also appear to believe that Amanda Staveley is a man in their takeover story…) valuing the club at £300m and claiming £500m to spend in the transfer market, all about as believable as The Star…

I will be more than happy to see The Star prove me wrong this week but I have a feeling I will be heading down to Old Trafford next Saturday, not drunk on the euphoria of Mike Ashley finally packing his bags and Amanda Staveley queen of all she surveys at St James Park.

The Star – 12 November 2017:

‘Talk has been rife of Amanda Staveley’s company, PCP Capital Partners, buying the North East outfit ever since the financier was spotted at St. James’ Park earlier this season.

The investment company entered the process of due diligence at the club last month and wanted a deal finalised by Christmas, which matched the desires of current owner Mike Ashley.

And Starsport now understands the takeover will be announced this week.

The news will be welcomed by Newcastle fans, who have long sought-after a change in ownership.

Staveley is said to want the deal finalised by December in order to allow Rafa Benitez the chance to plan a transfer strategy for early 2018.

Last month, Starsport reported the businesswoman had met with Newcastle chiefs in London to discuss the takeover and that Benitez will receive upwards of £100m to spend when the transfer window rolls back around.

The club were said to be prioritising the need for a left-back, midfielder and forward.

Moves for Luke Shaw, Ross Barkley and former Magpies striker Andy Carroll were all discussed in the meeting.

Benitez has remained tight-lipped when it comes to takeover speculation but will no doubt be excited by the prospect of a transfer war chest.’

(The Express have repeated the exclusive from The Star – The two newspapers are owned by the same person…)

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  • Kev-82

    Chatting with KK at a sports dinner the other night, interestingly he doesn’t believe any of this takeover talk.

    • Whickhamrobbie

      Neither do i but KK is unlikley to be well in with Ashleys cronies or on Amandas list of confidants.
      What will be will be (not going to wemberlee )what will be will be.

      • Kev-82

        Yeah not for a second did I think he was speaking on inside info it just seemed to be his thoughts. Personally I do believe it this time, Staveley would have denied it by now, if there was no truth to the talks, whether a deal can be reached is what I have my doubts on but fingers crossed.

    • NoelBlack

      I’m still surprised that anybody believed it at any point. Chubs said in August that he couldn’t/wouldn’t put anymore money in the club – then immediately took the sting out of the expected backlash by saying “BUT…the club is up for sale to anyone who can take it to the next level”. All he needs to do now is to bat away all sensible offers until February, then shrug his shoulders and tell some minion at Sky Sports that he did his best. He never had any intention of selling.

      • lukegte

        The best indicator of future behaviour is past behaviour

      • Geordie-7676

        He is going to sell at some point….just as likely to be now as it is in the future!

        • Down Under Mag

          A sale will only happen if he looks likely to start losing money that he can’t just wipe off as “club debt”. If he does want to sell then now is the time though…if he waits until Rafa walks and the club is struggling it won’t matter how much TV cash he’s raked in at the season end he will struggle to offload it and without investment and a top manager then we may as well brace for another dip into the Championship.Surely even he sees that there is no sense in holding on to the club if he doesn’t want to invest in the footballing side…

  • Paul Patterson

    Everybody get behind the lads and let things develop behind the scenes. That’s most important. If it happens or not.

  • X,WHY,Y MAN.

    This story has apparently been rubbished by the club according to “The Chronic.”

  • Jeff from Benwell

    obviously a case of them googling all the Newcastle United takeover articles of the past month, then taking a little bit from here, a little bit from there
    Sounds like what the Mag does daily

  • Mitros gotta start

    Cant see the fat man selling for 300 million……he is far too greedy for that…I fear we will be stuck with him for a good while yet.

  • benton mag

    How ware then everybody seems to know all the info about the take over everyone seems to have inside info so spill the beans you all have Ashley’s and Amanda’s ear because they have told you exactly what they are doing this site for me is definitely anti nufc and will no longer visit it to see my team slaughtered by so called mags my arsre

  • Phil Yare

    its more likely we will have to endure mike ashley for another few years

  • Thefootballerwhocouldfly

    The Star…. exclusive! Don’t make me laugh. Would love Ashley to sell. I’d be ecstatic but it ain’t gonna happen

  • Rabid Dog

    Utter fabrication but given the fact it’s an international weekend it’s hardly surprising. Especially when you look at England’s snorefest.

  • Down Under Mag

    Been a while since we’ve seen papers try and sell copies on the back of this story…slow week i’m guessing due to the international break. Always amusing when you see stories like this from one paper and yet in another paper you see a story claiming the sale is stalling and likely to fall through. As always, everything with a pinch of salt until the final deal is done and dusted…I guess the papers are just trying to cash in our our desire to hear some positive news.

  • ghostrider

    When Newcastle United are bought by a new owner we will soon know.
    Not by hanging onto the papers as a truth but seeing it on sky sports news or the official NUFC site.
    Basically stick to what you trust and newspapers do not fit into that category as any reliable source.
    When I see Rafa and his wife in a frenzied buying anything and everything mood, at the metro centre, whilst wearing top of the range clothes and scarves bearing the name of STAVVER RULES on them, then I will still believe Ashley’s in charge.

  • Steve Pearce

    Silence is the best sustainer of myths and untruths.

    A sales process such as this must be conducted away from media attention and faced with a wall of silence the parasites who are devoid of their reason for existence would rather make up stories than remain silent themselves.

    • Oooh bobbi fleckman

      Says the bloke who, 2 months ago, claimed to be in the know about some big news that has neither materialised nor ever appeared likely.

  • BillytheFish

    The Club have said this is not true….

    • Steve Pearce

      So why haven’t we read that here?

      Was that in the Chronicle – if it was it would be as fake as this pile of shyte!

  • Oooh bobbi fleckman

    I believe there is something in this.

    There are a few reliable sources who suggest the sale is close to agreement. The consistent is that the buyers are from Abu Dhabi and the latest meeting was last week which fits in with this report. Ashley is getting close to what he is asking for but worryingly, he’s getting money in a couple of stages (worrying is the buyer does not have the money, it could just be a retention on the basis that no skeletons are in the closet) .

    The board and senior management will be leaving although Rafa and his team will of course continue.

  • Virsino

    Get your quotes/references right Dean, “The investment company entered the process of due diligence at the club last month”; ENTERED, not ended.

  • Tony Mann

    Conjecture, pure and simple – although Oooh BF has decreed that everyone is abandoning ship apart from Rafa. Love to know your sources/sauces!

  • Blackburn1066

    This young lass is after liverpool FC and she is using NFC to get her way to get ahold of LFC