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New statement from BZG about Newcastle United Takeover – Confuses things further

3 years ago

Less than five weeks until the season kicks off and fans hoping for a Newcastle United Takeover to retrieve the situation.

No manager, no signings, Rafa Benitez gone and key players having followed him out of the club.

Could it be anymore of a mess?

Monday morning has brought an update.

Peter Redding is a sports presenter working for Capital Radio in the UAE.

He has brought small updates from the Bin Zayed Group, as he is in contact with them on a regular basis.

Monday morning has seen Peter Redding (who is also a Newcastle fan) reveal that he has spoken to the Bin Zayed Group once again and they have been keen to make clear their position.

To be honest, I am now even more confused than I was before.

Peter Redding via Twitter:

Following a meeting with Bin Zayed Group officials they would like to put on record the following information for NUFC fans:

“Both parties have worked diligently in finalising a deal, none more so than ourselves.

“We have completed every aspect required in a takeover process.

“Press claims of no bids or Premier League approval processes are simply untrue.

“The current owners have cooperated amicably throughout this process and if a deal is not forthcoming it will not be due to lack of effort from both parties.”

Like myself, no doubt you will saying, well if both parties want it to happen, the BZG want to buy the club and Mike Ashley has ‘cooperated amicably’, why isn’t it happening.

The BZG stating that all the boxes have been ticked –  ‘completed every aspect required in a takeover process’ – which would surely indicate a price agreed and overall heads of terms agreement reached.

Just what would then be stopping this from happening???

Also puzzling, why the BZG decided to put out this via Peter Redding rather than a direct statement from their MD, as was the case with the two statements in late May.

As usual with Newcastle United, always more questions than answers.

The one sure thing is somebody has to take responsibility for this club now less than five weeks before the season kicks off, the state of neglect has reached an all-time low this summer.


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