Newcastle United

Newcastle United: Liam Kennedy shares his thoughts on the potential takeover

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Image for Newcastle United: Liam Kennedy shares his thoughts on the potential takeover

Newcastle United journalist Liam Kennedy has been sharing his thoughts on the possibility of the widely reported potential of the Tyneside club taking place. 

This comes after Kennedy made an appearance on a recent edition of NUFC Matters with Steve Wraith where he discussed a range of subjects concerning Steve Bruce’s side.

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On the subject of the potential takeover and the possibility of it finally being completed, Kennedy had this to say on the matter.

He said: “I’m optimistic that we will have a landscape without Mike Ashley.

“And I’m very hopeful that we will get a PIF majority shareholder with PCP and the Reubens at Newcastle United – saying when that will happen, I’m not sure.”

The proposed takeover initially fell apart back in July after the Saudi-based consortium pulled out due to the length of time it took to get the green light for the deal after the initial bid was reportedly put forward by the consortium led by Amanda Staveley in April last year for a supposed fee of £300 million.

After the proposed owners withdrew their interest last summer, current club owner Mike Ashley has since launched two legal challenges against the Premier over the situation.

TIF Thoughts on Liam Kennedy’s comments on the proposed takeover going through…

While it’s good to hear Kennedy’s optimism for the possibility of the proposed takeover finally going through, it seems that there is still some waiting to be done before some sort of indication around whether or not the takeover would be able to be revived, with the club’s arbitration case against the Premier set to be heard next month.

Are you confident the takeover will go through?

Yes

Yes

No

No

In our view, the sooner an official announcement is made regarding whether or not the proposed takeover has any chance of happening, the sooner everyone connected to the club will be able to put the situation behind them and move on with whatever outcome they are dealt.

That said, it is surely something of a positive that Kennedy retains a bit of hope about a successful outcome.

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