Newcastle have back-up buyer if Saudi takeover collapses

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Newcastle United have an alternative if the Saudi Arabia-backed consortium’s purchase of the club falls through, The Telegraph reports.

The Premier League are continuing to deliberate over the prospect of approving the pending takeover that would finally remove Mike Ashley as the club’s owner.

The report states that a deal has been agreed with Ashley, though, and contracts have been inked, meaning that the deal would have to completely fall apart for any new buyer to emerge.

However, American entrepreneur Henry Mauriss is said to be interested in taking over the club and has assembled a team of people to get any deal over the line.

He is said to have the funds needed to buy the club – Amanda Staveley, who is heading up the consortium currently in talks with Ashley, has agreed a £300 million price with Ashley – and will move if there is any opportunity to do so.

Mauriss is based in California and owns Clear TV Media.

GIVEMESPORT’S Harry Sherlock says…

It looks like it is finally happening.

Newcastle fans have long protested at the ownership of Ashley and the decisions he has made while in charge but it now appears that, whether it is Saudi benefactors or an American entertainment mogul, there will soon be a change in ownership.

One has to think that many Newcastle fans would prefer to have Staveley’s group in charge – much has been made of the funds they possess, while The Telegraph has made it clear that Mauriss’ wealth is not as well known.

Nevertheless, having a back-up in place can be no bad thing as talks continue to drag over whether or not Ashley will finally be bought out.

Watch this space, Magpies fans!

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