Newcastle United

Newcastle United: Mark Douglas provides update on the plans of the Saudi-backed consortium amid takeover talk

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Image for Newcastle United: Mark Douglas provides update on the plans of the Saudi-backed consortium amid takeover talk

Mark Douglas has been speaking on a recent edition of the Everything is Black and White podcast about all things relating to Newcastle United.

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Starting with an easy one, what number does Wilson wear for Newcastle?

One of the topics that Douglas spent quite a bit of time on was the club’s proposed takeover by PCP Capital Partners, PIF and the Reuben brothers that was withdrawn in July.

The latest on the takeover is that Newcastle are in a legal battle with the Premier League over the collapse of the deal, and if they win, the consortium will bid again.

So, that could explain why they are apparently preparing transfer targets, should their takeover be approved.

He said: “They have always been adamant that they have got a plan and they are ready to go.

“There are still things that they are looking at, still deals.

“The people that are involved with this bid are football people anyway, so it might just be that they know people, they have got their contacts there, they have put the feelers out.

“Having a January transfer shortlist doesn’t mean you are necessarily going to take over the club, but it does show there’s a real belief within that group that eventually, they will get their hands on Newcastle United.”

Do you think this is a good sign?

Yes, it shows they have plans

Yes, it shows they have plans

No, it means nothing

No, it means nothing

TIF Thoughts on the consortium’s plans…

When the takeover talk first emerged and when the bid was still with the Premier League, the Toon were linked with the likes of Philippe Coutinho and Kalidou Koulibaly, possibly due to the vast wealth that PIF own.

However, none of that happened, and the Toon made do with signing the likes of Callum Wilson and Jamal Lewis.

If what Douglas says is true, though, then the consortium do have plans in case this legal battle ends in a positive way for them and for Mike Ashley.

We think it is good that they are apparently ready to go, and we will be interested to see if we do get to see these January plans or if the legal case will go on for a bit longer.

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