Newcastle United

Newcastle United: Fans react to latest in takeover bid

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Image for Newcastle United: Fans react to latest in takeover bid

Fans of Newcastle United have been reacting to a post on Twitter, in which Lee Ryder provides an update on the developments in the proposed takeover bid.

According to reports in the Chronicle, the emphasis is now on the Public Investment Fund of Saudi Arabia and Amanda Staveley to make the Newcastle takeover happen, as sources close to the club claim that Newcastle have complied with the Premier League in terms of submitting paperwork – and are now waiting for a deal to be agreed with Mike Ashley.

In reaction to the reports, which were shared on Twitter by Lee Ryder, fans of the club have flocked to share their opinions on the matter, with many stating that they do not believe the rumours, while others have commented that they feel like they have heard the story before, only to be disappointed.

What do we think?

Newcastle fans appear to be rather understandably pessimistic about the new developments in the deal, and although the club have reportedly submitted paperwork to the Premier League regarding the potential takeover, the Chronicle also reported that a concrete offer has yet to be made by the interested party.

As such, it would appear that although this is indeed a positive step in the sale of the club, in reality, a deal is no closer to being completed at present.

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Football Writer for Snack Media