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Sky Sports: Amanda Staveley increases Newcastle takeover offer and gives Mike Ashley what he wants

4 years ago

Breaking news on Wednesday lunchtime is that Amanda Staveley has increased the £250m offer to around the £300m mark and a Newcastle takeover is imminent.

Sky Sports have announced the imminent deal and various newspapers/media (Mail, Mirror, Independent etc) have also stated the same.

Suggesting that this is the result of a briefing and we are at last set to be released from the grip of Mike Ashley.

It’s reported that as well as the raised bid to around that £300m mark, certain clauses that Ashley wasn’t happy with have been removed, presumably the main one being compensation due if relegation happens this season.

The Amanda Staveley bid is also said to include a willingness to help fund January spending.

With a deal taking time to finally sign off totally, the reports say that Mike Ashley will fund Newcastle’s January spending but then be reimbursed by PCP Partners (Staveley’s company).

It is claimed that this arrangement should give Rafa Benitez some £30m to spend in January.

Previous reports had suggested February as the earliest a final deal could be concluded and the end of January is the timing for that in this latest welcome update.

On Tuesday, Rafa Benitez had yet again expressed his concern about the state of affairs concerning transfers.

The Newcastle boss saying he still had no idea how much, if anything, he would have to spend in January.

Hopefully this deal will now be quickly concluded AND we see a concerted effort by team, fans, manager, tea lady…to get the three points against Everton and make the relegation talk quickly recede.


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