Breaking news ahead of the Leicester match on Saturday, that Peter Kenyon is looking to put together a deal to buy Newcastle United from Mike Ashley.

Sky News have broken the story and say that Peter Kenyon has approached a number  of potential backers to help buy the club.

Kenyon has been chief executive at both Chelsea and Man Utd and is said to see massive possibilities in terms of expanding the club revenues, especially on the commercial side.

It is embarrassing the way Newcastle United is run on the business and football side (apart from Rafa Benitez), so if Peter Kenyon did succeed in buying the club, NUFC would be getting the chance of at last having the club run in a professional and potentially very successful manner.

Sky News:

Peter Kenyon is working with advisers on a deal to buy the Magpies from Mike Ashley, Sky News can exclusively reveal.

The former Manchester United and Chelsea chief executive Peter Kenyon is plotting a takeover bid for Newcastle United that could end Mike Ashley’s decade-long ownership of the Premier League club.

Sky News can reveal that Mr Kenyon has approached a number of potential financial backers in recent weeks about the idea of collaborating on a deal.

City sources said this weekend that he was working on a bid with Rockefeller Capital Management, a New York-based firm run by Greg Fleming, one of the most prominent figures on Wall Street from his time at Merrill Lynch and then Morgan Stanley’s wealth and asset management divisions.

Mr Kenyon, who is now a director of a sports consultancy business called Opto Advisers, is said by potential investors to have held preliminary talks with Mr Ashley, the Sports Direct chief executive who bought Newcastle in 2007.

The value likely to be attached to Mr Kenyon’s offer was unclear on Saturday.

If a bid from him was successful, Mr Kenyon would take a senior role in the running of the club, according to a source who has been told about his plans.

He is said to believe that there is a significant opportunity‎ to expand Newcastle’s commercial revenues, with the club enjoying a significant international following as well as a large and loyal support at St James’s Park.

However, any takeover is far from guaranteed, and is partly dependent upon Mr Kenyon securing financing commitments from investors.

In the last few weeks, he has approached a number of private equity firms, high net worth individuals and family offices about backing an offer for Newcastle, although the status of those discussions was unclear this weekend.

Mr Kenyon has forged close ties with a number of Chinese investors in European football clubs, although it is not known whether any of the prospective funders of his bid for Newcastle United would be from the world’s second-largest economy.

He remains a credible figure in the football world, having run two of the English game’s most successful teams.

After leaving Chelsea in 2009, Mr Kenyon had a spell at the helm of the international sports division of Creative Artists Agency, the talent management group.

He resigned from CAA in 2011, since when he has played what associates describe as a behind-the-scenes role in a number of sizeable football deals.

Many Newcastle fans are desperate for a change of owner, having seen their team – who play Leicester at home in the Premier League on Saturday – relegated twice during Mr Ashley’s tenure.

Despite formally putting the club up for sale, however, there have been significant obstacles to a deal, including his reported £400m asking price for the club.

Mr Ashley, who recently orchestrated Sports Direct’s £90m acquisition of House of Fraser within hours of it falling into administration, originally put Newcastle on the market last October, saying he hoped to find a buyer by Christmas.

Since then, he has held talks with several bidders, including Amanda Staveley, the City financier behind a vehicle called PCP Capital Partners.

Negotiations between Mr Ashley and PCP, which was said to have proposed a deal structured to be worth in the region of £300m including deferred payments, broke down earlier this year.

It is ‎unclear whether the Sports Direct tycoon is engaged in talks with any other prospective buyers of the club.

Renewed speculation about the Magpies’ future ownership comes amid talks about prospective takeovers of other prominent Premier League clubs.

Allisher Usmanov, the Ukrainian tycoon, recently sold his £600m stake in Arsenal to fellow shareholder Stan Kroenke, a deal which has triggered the club’s delisting from a junior London stock exchange.

Meanwhile, Roman Abramovich, the Russian owner of Chelsea, has been exploring options for his shareholding following his withdrawal of an application to renew his investor visa.



  • Dillon Tovak

    All talk until something concrete is in place.
    Is it a coincidence that this has come out an hour before KO when protests are due?
    Keep up the heat.
    Ashley OUT!

    • Kenny

      Aye, what a coincidence, Bishop most likely feeding Fake News somewhere along the line

  • Big Hairy Man

    Best not spend any money in January then Uncle Mike.

    • Kenny

      not spend anything anyway

  • Westdentoon

    Wasn’t it around this time last year when wor Amanda appeared on the scene??
    Would welcome it with joy over that fat bar steward, but pardon my scepticism, this routine is almost predictable.

    • Wezza

      Bingo!

  • Kenny

    Jose my well be looking for a job soon

  • Wezza

    Sky News can exclusivley reveal!
    BISHOP PR that I predicted!
    Hands up who knows nothing will come of this as they string it out until May!
    What a joke.
    The club is not for sale.

  • Ron

    I hoped this is the great news that we’ve all been waiting for, however so many if’s but’s and maybe’s that it looks to be more like a tarnished re-hash of yet another PR exercise to try and stop the pressure on MA.
    Until the ink is dry on a contact of sale then sorry but I don’t believe a word.

    • Wezza

      Nah its PR right before a protest to try and quell them.
      This will be drawn out for months and nothing will come of it.

      • panther

        Aye that’s their usual fall back position

      • Ron

        They insult the intelligence of all us. They’re wrong again!

    • Kneebotherm8

      Correct

  • panther

    Anything’s better than now

    • Dillon Tovak

      I’d personally bet that our current situation will be the same in 3…4….5, maybe even 10 years time.
      Ashley has no reason to sell, he makes loads of money out of the club and annoying Geordies is his second favourite hobby. (First being binge drinking and puking in fireplaces of course)

      • Kneebotherm8

        It’s all about the money……..if he annoys us in the process then that’s secondary…

  • Billmag

    Can we not just dream for the time being 🤔🤔

  • MidlandsMag

    Really??? Yeah right!!
    More smoke and mirrors by KBA with the help of sky sports again.
    I won’t beleive anything until it is done and dusted.

  • relaxed

    Nothing at all will stop the campaign against Ashley from intensifying, not until the FCB has nothing at all to do with our club and we are rid of him and his tat empire for good.

  • Cockneytrev

    Believe it when it happens,,
    Who released this?
    OH SKY!!!!!
    He has no intention of selling
    ASHLEY OUT !!!!
    KEEP UP THE PRESSURE!!!!!

    • Leazes.

      Another Chelsea link….who do you think Kenyon is a mate of…Bishop and Wise!

    • Kneebotherm8

      Correct.

  • Carverlier football

    I’ll believe it when it actually happens. Even if it were true, action against MA and SD must continue until the ownership officially passes over (and beyond if he a) sells it to an unfit person or b) still holds contractual rights to NUFC revenue streams)

  • glassjawsh-got-banned

    more pr nonsense

  • FatParosite

    Bishop Guff….

    • Carverlier football

      Oof, even the apparently departed monk would think twice about getting in a lift where there’d been a Bishop guff…

  • graham18

    Let’s not build our hopes up.Look what happened with PCP. More FCB bluff and no doubt he’ll move the goal posts.Keep the pressure on his SD squalla.FCB OUT!!

  • Phildene

    It’s on both Sky News and Sky Sports, plus Jeff Stelling has mentioned it on Gillette Soccer Saturday too, so let’s hope it’s correct. Peter Kenyon is a very popular business man and in the know with a lot of business people around the world. Potential investors are also saying a meeting between Kenyon and Ashley has already taken place. No value has yet been mentioned.
    Fingers crossed as we are desperate to have a new owner who is totally football minded which Peter Kenyon is. He says he can see the huge potential this club has, also in the advertising side too. Just think on the advertising side alone how much revenue can be made worldwide when we are finally rid of SD.

    • Leazes.

      Not a chance of it being true…. The name of the game is to put into the minds of local journalists and United fans that the club is for sale….its not.

      … Bishop’s finger is in this!

      The Chronicle are doing Ashleys work and so is the Mag….. you’ve all been had…..again!

      • Kneebotherm8

        Correct

        • Leazes.

          I know….well spotted

          • Kneebotherm8

            When/if he sells we’ll know on the day it happens……..not before…….

      • Wezza

        Spot on, I cannot believe anyone would fall for this conveniently timed PR guff.

    • graham18

      Lets hope your are right

  • Leazes.

    Someone has altered Kenyon’s Wiki page…. naughty!

    • Tweed Mag

      But funny

  • mactoon

    Must be a transfer window coming up

  • StevieB

    Ill believe it when the sky sports bulletin flashes up on my blower

  • magpiefifer

    If he wants to buy a PL club he’ll need to hurry!!!

  • wheyayeman

    We’ve been here before! Ashley has no intention of selling and now he’s using us to generate so much personal income he can literally buy himself more businesses every year a sale is very unlikely. Owning Nufc is a win win win win win situation for Ashley meanwhile we are in twice the debt we were pre ownership, stadium is in desperate need of repairs, training ground is falling to bits, 99 per cent of the fan base are miserable, docile or hostile. What a mess!

    • Tomb

      And 50000 still paying him for it

  • Paul Patterson

    Deflection of attention from Keegans book. Three days and counting..

  • panther

    Lies as usual

  • Taz

    Can’t believe any businessman or woman would so any business with this lyingfatdiscrace of a human oxygenthief unless they were crying for his money. Ashley is one selfcenteredfatfuck who should just boil his head…
    rant over!!

  • Kevin Christie

    Sadly, these things don’t become public knowledge so early on if they’re likely to happen. Hope I’m wrong though!

    • Leazes.

      Its PR….another one with the Chelsea link, Kenyon like Dennis Wise is using tax loophole for the British Film industry to partner a company seeking tax free status…..he’s a mate of the London Mafia, and like Wise has stewardship of Chelsea Village, Wise is steward of Chelsea Pitch owners, Llambias and Ashley Chelsea Season ticket holders……

      ….. Its another PR Stunt to feed Douglas and Ryder the core message that the club is for sale….it isn’t!

  • JohnnyH

    ‘Expanding commercial revenues’

    Just another way of saying what the [email protected] has done for the past eleven years.

  • Jonas

    Sky News showed a soap-box of opinions from fans on this, none of whom were buying it. Unlike them not to find someone in the 1%, or maybe that’s it now and were at 100%.

    silver lining is he’s running out of patsy’s for this stunt. Sheiks, Chinese, Amanda, Moat, Kenyon. After Russian rumours this time next year, they’ll have to come up with a new scam