Friday, November 22, 2024

Potential takeover could lead to mega kitty for Newcastle

The Express understand that Newcastle United could be set to receive a £500m transfer kitty should Amanda Stavely be successful in her attempt to takeover the club from Mike Ashley.

Ashley announced that he is ready to sell earlier this money and Stavely quickly became the front-runner to be the North East club’s next owner.

Stavely has previous after broking the takeover of Manchester City by the ruling family of Abu Dabhi while she also advised a group of investors for a potential purchase of Liverpool.

The potential takeover could see Newcastle become serious contenders for the upper reaches of England’s top division after a decade of uncertainty which has seen them drop into the second tier on two occasions.

Newcastle beat Crystal Palace on Saturday to move up to seventh place in the Premier League, and they are now beaten in six of their last seven fixtures.

ABOUT THE AUTHOR

Deke Hardman


Freelance football writer with a love of the game that goes back to the mid nineties when both his beloved Nottingham Forest and England had genuine hope of acheiving some level of success. A regular contributor to both SoccerNews.com and FreeBetting.com, Deke also dabbles in music journalism with his heart and head still stuck in the latter years of the twentieth century.

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