Mark Douglas has been speaking on the latest episode of the Everything is Black & White podcast, discussing all things related to Newcastle United.
One of the points that he spent a lot of time on was the failed takeover by Amanda Staveley’s Saudi Arabia-backed consortium and what could happen next in the saga.
The Chronicle reporter, though, is worried that the consortium are offering false hope after a report claimed that talks were underway and that the group were confident of finding a compromise that would allow them to purchase Newcastle from Mike Ashley.
It seems as if Douglas thinks that it is good that there is some hope there for the bid, but he is worried that it will turn out to be false hope.
He said: “We keep hearing about [how] there could be a compromise, and things could be happening in the background, there was a big report in the Independent on Friday saying that there was still confidence [on the part of the buyers regarding the takeover].
“Now, I think we’re all a bit wary of the word confidence, think we have all heard things like ‘no red flags’ and things like that, which ended up being a bit meaningless in the end.
“So, I think confidence and compromise is all well and good, it’s great there’s obviously still some hope there but is it false hope? That’s my worry.”
Do you think the Staveley bid can come back?
Yes, but they have to make some serious changes
No, it is dead
TIF Thoughts…
On Friday, it was claimed that talks were underway and that the consortium were confident of finding a compromise that would allow them to buy Newcastle.
However, considering they told everyone that there were ‘no red flags’ early on in the process when the deal had hit a sticking point with the Premier League suggests that we should not take their word too seriously.
The plans that the consortium had in place for Newcastle as a club, and as a city were exciting, so we can see why many Toon fans would hope that the deal can be saved, but even if it can’t, and the deal has no chance of coming back, then the consortium should tell the Newcastle fans.
We can see why Douglas has doubts over this, and it will be interesting to see what happens with this takeover saga and if there is any chance of the deal coming back.