Newcastle United takeover: Mike Ashley fears Peter Kenyon does not have funds

Jose Verdugo
Diciembre 7, 2018

Newcastle United fans are not getting too excited about this news, however, as they have been here before last season when Ashley was eager to sell before January.

Although it is unknown whether an official bid has been submitted, it is believed that a possible deal with Kenyon and USA financial advisory firm Rockefeller Capital is what Ashley was hinting at.

It seems that at least four interested parties, all of them based overseas, have tabled offers and that talks are continuing amid optimism that Ashley's timescale could be realistic.

Former Chelsea and Manchester United chief executive Peter Kenyon is heading a consortium that is in talks to buy Newcastle United.

In a rare television interview, the 54-year-old businessman revealed that negotiations are "at a more progressed stage than they've ever been" but after a proposed takeover from Amanda Staveley collapsed earlier this year, supporters are naturally sceptical.

West Ham United's Robert Snodgrass left and Newcastle United's Ki Sung-yueng chase the ball during the English Premier League soccer match between N
Newcastle United takeover: Mike Ashley fears Peter Kenyon does not have funds

However, the recent developments will give hope to a starved Toon Army, who have long held out hope that Ashley will finally end his 11-year tenure at the club.

Disgruntled supporters have made their feelings abundantly clear over his repeated failure to provide his managers, and in particular present incumbent Rafael Benitez, with the funding to compete in the transfer market, with Ashley having admitted he can not afford to do so.

However, speaking ahead of the trip to Everton on Wednesday night, Benitez said he was keen to ignore any off-field distractions.

Almiron has been a key player for Atlanta as they have reached the MLS Cup final in only their second season as a franchise.

"For us, we have experience of this". But we have been in this situation in the past, we have to carry on. When we say, "business as usual", it's because we know that it will not change our plans. "We have to look for our targets and just be ready for January 1".

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