Mark Douglas has been speaking on the latest edition of the Everything is Black and White podcast about all things relating to Newcastle United.
Since the deal was withdrawn, the consortium tried again behind closed doors only for that to fail, which triggered Mike Ashley to launch legal action against the Premier League that was made public in November.
Douglas confirmed that the consortium is still in the mix and keen on buying Newcastle.
He said: “The situation at the moment is that the consortium who are looking to buy Newcastle United [are] still in contact with the club, they are still in contact with each other.
“They’re still there because they still have that confidence that this deal is going to go through.
“Now confidence was the buzzword of the summer, so I think we all know that it doesn’t necessarily mean it’s going to happen.
“It does mean they are ready to go; they haven’t gone anywhere.”
Do you think this is good news?
Yes, they haven't given up yet
No, it means nothing
TIF Thoughts on the consortium…
This we feel is a good thing, as if they had thought the takeover had no chance, then they might have walked away.
Then, maybe, finally, this takeover will be completed.