Newcastle United

Newcastle: Fans react to potential takeover update

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Image for Newcastle: Fans react to potential takeover update

A lot of Newcastle United fans have flocked to a post from NUFC 360 relaying quotes made by PIF in the Financial Times.

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Who is this?

The reason this has grabbed the attention of many Newcastle fans is because PIF have just bought an 8.2% stake in the cruise operator Carnival and a spokesperson for the group confirmed there would be a number of further acquisitions in the coming weeks.

This has led some Newcastle fans into speculating that it might be them.

Does this mean anything for you?

Yes, shows PIF are buying

Yes, shows PIF are buying

No, has nothing to do with Newcastle

No, has nothing to do with Newcastle

Other Toon supporters, though, are not so sure and feel that this means nothing.

What do we think?

This statement from PIF does seem interesting, but it could also mean nothing – we are just not sure.

At the moment, in terms of the proposed takeover, all we know is that paperwork from both PIF and Newcastle has been submitted to the Premier League, and this is seen as the best possible chance of a takeover.

However, that does not mean that it will actually happen – as all of the previous attempts to buy the Toon under Mike Ashley have failed.

So, we urge Newcastle fans to be cautious in their expectations.

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