Henry Mauriss handed Newcastle takeover boost

GiveMeSport

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By Phil Spencer

Published Jul 21, 2020

The American is growing increasingly optimistic of swooping for the club

You can only imagine how frustrated the Newcastle United fans are.

It's been more than three months since the prospect of a £300million deal to purchase the club was officially revealed.

Since then, supporters have been waiting with bated breath.

Amanda Staveley is the main figure in the Saudi-backed consortium who are hoping to purchase the club, but the acquisition has proved to be anything other than straight forward.

The Premier League are currently running the rule of the investors to see that they match the requirements of a club owner in the Premier League, but issues such as piracy and human rights violations are only the start of the uncertainty over their credibility.

Meanwhile supporters continue to be at the end of their tether with current owner Mike Ashley, and will do just about anything to get rid of the Sports Direct mogul.

While a decision on this deal continues to stall, Henry Mauriss is still said to be waiting in the wings to make a move should a deal fall through.

According to reports from The Telegraph, Mauriss is lining up talks over a takeover following the expiry of PIF's exclusivity period.

As per Luke Edwards, this means that in theory, another bid could be accepted with both offers sent to the Premier League to ratify, giving the American mogul a window of opportunity to swoop for the club,

GIVEMESPORT'S Phil Spencer says...

While patience is obviously key during such uncertain times, you can hardly blame the Newcastle United fans for growing restless.

For many, a potential announcement of a full takeover is exactly what they’ve been wishing for several years while enduring a turbulent reign under Mike Ashley.

The Sports Direct owner has been a hugely unpopular figure on Tyneside, and that’s why talk of interest from the Saudi-based consortium is such a hot topic of conversation.