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‘French Group’ now trying to buy Newcastle United – Very dubious report

3 years ago
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Sunday morning has brought a report identifying a new consortium trying to buy Newcastle United.

The identifying only goes so far though as stating they are a ‘French Group’ trying to do a deal for the club.

The report claiming that they have been rivalling Sheikh Khaled’s bid for Newcastle United.

However, the announcement of Rafa Benitez set to leave has given the French bidders ‘second thoughts’ according to The Sun.

All very dubious, especially when this particular tale isn’t even branded as an ‘exclusive’ by a newspaper that plasters that over pretty much everything.

Whilst I don’t put any reliance on this particular report, there is general acceptance across the media, including the credible journalists, that there are least two other bidders as well as the Bin Zayed Group that are trying to buy the club.

I’m inclined to believe that and whether any of them are French, or have at least been up the Eiffel Tower, who knows.

However, I’m also inclined to believe that the biggest obstacle to any deal isn’t that we are lacking willing buyers.

As ever, I 100% think that as always, if a sale of Newcastle United doesn’t happen this time, it will be because of Mike Ashley. As has been the case for over the past decade, not willing to do a fair deal at a market price.

Only if that has changed, will Newcastle United be sold to anybody, whether from Abu Dhabi, Paris, or wherever.

The Sun report:

‘Rafa Benitez’ departure may have cost Mike Ashley a potential buyer for Newcastle.

A new consortium was understood to be preparing to rival the Bin Zayed Group who announced last month that they had come to terms with owner Ashley.

The Arabs’ bid, led by Sheikh Khaled and revealed exclusively by Sun Sport, has not moved on.

A French group had been in the process of trying to move in instead but are now having second thoughts after Benitez walked away.

They believed that under the guidance of the Spaniard Newcastle were an attractive proposition.

But his contract expires today with Ashley searching for a new boss and possibly without an alternative offer for the club he is determined to sell.’

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