Mike Ashley
‘Final stage of the process’: Caulkin provides exciting update on potential NUFC takeover and timescale
In the latest ‘Pod on the Tyne’ podcast, The Athletic journalists George Caulkin and Chris Waugh have taken a lot of questions from the Newcastle fans, and most of them are related to the takeover. Caulkin, who is undoubtedly one of the best journalists around covering Northern football, has been providing regular updates on the takeover saga, either in the form of articles or on social networking site Twitter. He has been constantly in touch with both parties, the selling and the buying sides, but has admitted that it is frustrating. Caulkin admits that he is still very positive that the deal will go through but at the same time has refused to put a time scale on it. I think that’s unlikely. They’ll have wasted a lot of time and money. From what I’m told there’s a determination to see it ...
‘Absolutely serious’: Henry Winter provides latest update on NUFC takeover
The Newcastle United takeover is turning out to be one hell of a saga where nobody knows what the outcome will be. George Caulkin of The Athletic and other reliable journalists have been telling us for the past couple of months that both the buyer and the seller are confident that the deal will go through. A deal in the region of £300 million has already been agreed between Mike Ashley and the Newcastle potential owners. The potential new owners have signed a contract and a part payment, that is non-negotiable, has been paid to Ashley as well. The would-be new owners – Amanda Staveley’s consortium — comprising her company PCP Capital Partners (10 per cent), the billionaire Reuben brothers (10 per cent) and the 80 per cent majority stakeholding of Saudi Arabia’s Public Investment ...
‘Ticks all the boxes’: Reliable journalist delivers latest update on NUFC takeover
The waiting game continues regarding the Newcastle transfer saga as we head into another month. Although there is a firm belief that the takeover will eventually take place, the wait is not only causing frustration but is creating doubts amongst the fans as well. Last month, at one point it looked like the deal would get the green signal shortly. However, Premier League chief executive, Richard Masters, has poured cold water over the excitement by saying there’s no time limit within which they have to come to a decision. A potential £300million buyout of the club, brokered by Amanda Staveley’s PCP Capital Partners but bankrolled by the Saudi Arabian Public Investment Fund, who will own 80% of the Magpies, is going through the Premier League’s Owners and Directors checks. There’s ...
‘It will be a blast’: La Liga striker delivers verdict on potential NUFC takeover
Spanish striker Joselu has said that it will be a blast if the Newcastle United takeover goes through. The 30-year-old left the Magpies just a year ago to join Spanish club Alaves. Speaking to Spanish newspaper AS, Joselu has spoken highly of the club and the Magpies fans. Joselu was one of the poor signings made by former manager Rafael Benitez during his time at St James’ Park. The 30-year-old managed just seven goals in 52 league and cup appearances for Newcastle. The Spaniard has been enjoying his life in Spain where he has regained his scoring touch. He has netted nine goals in 26 La Liga appearances. “Newcastle is a very big club with an incredible fans. The stadium is spectacular and if this new project goes well it will be a blast,” Joselu said in an interview with AS. If...
‘When it is signed off’: George Caulkin provides latest update on NUFC takeover
With every passing day the anticipation is growing that the Newcastle United takeover is close to being done. The Mirror claimed yesterday that the Saudi consortium backed by Amanda Staveley is close to buying the club in a £300m deal. Jason Burt of The Telegraph has claimed recently that the Newcastle United takeover is expected to be resolved this week. As of now, all the paperwork has been submitted and a deposit of £17m, which is non-refundable, was paid to Mike Ashley’s account. George Caulkin of The Athletic, who is one of the best journalists around covering North-East football, has claimed that it has not been officially signed by the Premier League. It hasn’t been officially signed off by the Premier League yet. — George Caulkin (@GeorgeCaulkin) May 26, 2020 In another separate tw...
‘To be made public next month’: The Times provides latest update on NUFC takeover
According to reports from The Times, ‘fresh doubt has been cast’ on the proposed takeover of Newcastle United by the Saudi consortium. A potential £300million buyout of the club, brokered by Amanda Staveley’s PCP Capital Partners but bankrolled by the Saudi Arabian Public Investment Fund, who will own 80% of the Magpies, is going through the Premier League’s Owners and Directors checks. However, Saudi investors are facing objections regarding violations of human rights and piracy issues. The latest report claims that the Premier League has been sent a ruling by the World Trade Organisation which states that the kingdom of Saudi Arabia is behind pirate satellite TV service beoutQ. The Premier League have received the 123-page ruling from WTO which is ‘expected to be made public ne...
‘Shuffle a few more papers’: Alan Nixon sheds light on NUFC takeover process
As we move into another week, Newcastle United fans are gradually getting impatient over the takeover saga. The journalists are trying their best to provide the latest information to the fans. A deal in the region of £300 million has been agreed between Mike Ashley and the Newcastle potential owners. The potential new owners paid a part of the payment and have signed a contract as well. The would-be new owners – Amanda Staveley’s consortium — comprising her company PCP Capital Partners (10 per cent), the billionaire Reuben brothers (10 per cent) and the 80 per cent majority stakeholding of Saudi Arabia’s Public Investment Fund (PIF) – are simply awaiting the official confirmation from the Premier League. However, it could take some time, according to Alan Nixon. The popular journ...
‘It’s right that we allow’: Newcastle receive massive boost in the takeover process
The Newcastle United takeover process is taking a long time to reach a conclusion and quite naturally the fans are getting nervous and anxious. A deal in the region of £300 million has been agreed between Mike Ashley and the Newcastle potential owners. The deal has been agreed, while the potential new owners have signed a contract as well. The would-be new owners – Amanda Staveley’s consortium — comprising her company PCP Capital Partners (10 per cent), the billionaire Reuben brothers (10 per cent) and the 80 per cent majority stakeholding of Saudi Arabia’s Public Investment Fund (PIF) – have done their part, and are awaiting the official confirmation from the Premier League. There are objections of human rights violations and piracy against the Saudi consortium. Last week, ...
George Caulkin has just provided an interesting update on NUFC takeover
The delay in the Newcastle United takeover process is creating all sorts of confusion among a certain section of the fans. While the well-connected journalists at the club have done their best to reassure everyone that there’s nothing to worry about, not all fans are equally confident about the deal. A deal in the region of £300 million has been agreed between Mike Ashley and the Newcastle potential owners. The deal has been agreed, and the sum has been paid. The would-be new owners – Amanda Staveley’s consortium — comprising her company PCP Capital Partners (10 per cent), the billionaire Reuben brothers (10 per cent) and the 80 per cent majority stakeholding of Saudi Arabia’s Public Investment Fund (PIF) – have done their part, and are awaiting the official confirmation from the...
George Caulkin delivers four-word latest update on NUFC takeover
As we enter another week, Newcastle fans are hoping for an announcement and speculations are now causing anxiety and tension more than anything else. As of now, a deal in the region of £300 million has been agreed, and the potential new owners have paid a fraction of the amount, which is non-refundable, already. They have submitted all the documents to the Premier League, and are waiting for the official confirmation. Why is there a delay? The well-placed journalists are claiming that such deals can take time. Plus, the Premier League are also busy in finding a way to get the rest of the season underway. Some fans are also speculating that the takeover process is probably done, and everyone is waiting for the cash clearance to Mike Ashley. However, George Caulkin of The Athletic has p...
Report claims what Pochettino has made clear to the would be NUFC owners
If the widespread reports are to be believed, the Newcastle United takeover will go through despite the obstacles that are posed against them. Several Premier League clubs have voiced concerns to the Premier League regarding the takeover due to piracy concerns. However, according to the Mail on Sunday as also the Chronicle, there have been no red flags till date and the deal is expected to be approved soon. Several medial outlets have claimed that Mauricio Pochettino is the first-choice candidate of the prospective Newcastle owners if they decide to part company with Steve Bruce. It was reported earlier that Bruce will be given the job till the end of the campaign. After that, the new owners will bring in a top-class manager, and Pochettino is thought to be on top of their wish list....
Journalist claims Mike Ashley wants Newcastle United fans to appreciate him
Well-known football journalist Guillem Balague has written in Sport that current Newcastle United owner Mike Ashley and the club’s fans do not like each other. Balague has claimed that Ashley thinks that he has does a lot for Newcastle, and that the English businessman should be appreciated for that by the fans. According to The Sun, Saudi Arabia’s Public Investment Fund are on the verge of buying he Magpies from Ashley. Balague wrote in Sport, as translated by The Mag: “The Newcastle fans are about to get rid of an owner who despises them. The feeling is mutual, of course. “Mike Ashley believes that he has done a lot for the club (investing his time and money, mainly) and that this should be returned in appreciation and acceptance of his strange decisions. “I am not talking about vomiting...
