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Newcastle now in takeover talks with rival bidder to Amanda Staveley – Report

1 year ago
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Difficult to believe that it is really only seven days since news was leaked that Newcastle United had received a formal offer to buy the club from Amanda Staveley.

Last Monday night it was claimed that an offer ‘in the region of £300m’ had been presented to Mike Ashley.

Confirmation that a bid had indeed been made was communicated by both sides via the media, though it turned out the bid had actually gone in the week before, with the belief that the Staveley side of things had then leaked news of it due to a lack of movement from the Ashley side.

The Mike Ashley PR machine put out the message that the offer was nowhere near £300m and that it supposedly included a number of clauses. The more believable was a relegation clause that meant compensation would be paid if Newcastle made the drop, whilst the less believable included a higher price only paid if NUFC went on to win the Champions League and Premier League.

Monday night (tonight) though, has brought an update.

The Telegraph are reporting that their information is that there is a new rival bidder to Amanda Staveley, with talks being held with the club.

Reports of a rival bidder comes only hours after Rafa Benitez presented a bleak picture of how weak the lack of budget in the summer has left his squad.

The United boss also saying he doesn’t know what is happening with a takeover and indicating that minimal money may be available to spend in the transfer window, which is now only five weeks away.

Rafa Benitez:

“We have to compete against Huddersfield, Brighton and Burnley – but we couldn’t compete (in the summer) against those clubs and sign the players that they were signing.

“We couldn’t pay the prices they were paying or the wages they were offering.

“If you want to sign a striker who will score 20 goals – you must pay £40m.

“If you sign an average striker it is £15m.

“Or £10m if they can (just) kick it forward.

“We didn’t do it and that is the situation we’re in. We must stick together and I still have full confidence in our team.

“We do not know what is going on (with the takeover) and what will happen.

“Our fans need to know it could be even worse.

“If we don’t sign anyone what can we do?

“We have to stick together and keep working hard until the end of the season. 

“Could it be better? Yes, 100%, but everyone needs to understand our reality.”

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