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Newcastle United takeover – Still a case of wait and see but now with added confidence

3 years ago

Whilst the clock ticks down to all kinds of pre-season landmarks and issues that still need sorting, fans are hoping that simultaneously a clock is also ticking towards a Newcastle United takeover actually happening.

The Premier League fixtures are released next Thursday, then in four weeks the players are back for pre-season training, in just over five weeks time the squad head off to China for the Asia Trophy, nine weeks today the summer transfer window closes, before then the 2019/20 Premier League season kicks off a couple of days after that.

Major issues to be sorted are of course who will own the club and manage the team, as well as (hopefully) any number of players to be bought and sold.

A summer of hectic activity set to come, all being well, but one that is looking increasingly likely to be sparked by a Newcastle United takeover after over 12 years of Mike Ashley control.

A bit like walking into a bar frazzled with the heat and desperate for a pint, you can almost taste it even whilst the drink is being poured.

It is quite mad after these crushing 12 years of Ashley rule, to think just how fantastic this could feel on the weekend of 10 August.

A Newcastle United at last ready to do everything it can to move forward again.

Most of us have been around the block enough times to know that nothing is guaranteed but all we want is hope.

As has been said so many times, Newcastle fans don’t expect guarantees of a club that wins trophies, instead they simply expect a club that tries its best to do so.

Wednesday brought news from companies house that Sheikh Khaled has set up a holding  company entitled ‘Monochrome Acquisition Limited’, registered at the address of a legal firm who have been involved in football club takeovers before, including when Mike Ashley bought Newcastle United.

This of course doesn’t guarantee anything but it tops up the growing confidence that this time it feels different.

To this day we still don’t know the identity of any single investor who was backing Amanda Staveley or Peter Kenyon in their supposed bids. All a bit unlikely when we were supposed to believe that Mike Ashley was genuinely trying to sell the club, when it was in the middle of relegation battles these past two seasons.

The MD of the Bin Zayed Group, Midhat Kidwai has made two public statements stating that the Newcastle United takeover is a real thing and they are working towards a conclusion. Indeed stating that as far back as 17 April 2019 they had provided Mike Ashley with proof of funds.

Some media reports have said that February 2019 saw the first talks start between Mike Ashley’s people and Sheikh Khaled’s, which would fit in with any realistic expectation of a takeover being concluded in these coming weeks.

I have been as cynical/sceptical as anybody that a Newcastle United takeover will happen but I am now seeing a little bit of blue sky opening  up.

I honestly feel that only Mike Ashley changing his mind will stop it happening now.


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