Newcastle United reporter delivers reassuring takeover verdict

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Newcastle United supporters don't know if they're coming or going at the moment.

After securing a mid-table finish in the Premier League last term the hope was that the club was about to become a super-rich entity.

That proposal came in the shape of a £300million takeover from Amanda Staveley and the PIF who promised to make the club the richest in England.

However the buying party withdrew their interest after a prolonged owners' and directors' test.

With Newcastle turning their attention to preparing Steve Bruce's side for the new season the club released a statement on the whole saga in which they claimed that the Premier League rejected the offer.

However what followed was a long overdue statement from the Premier League that disputed these claims.

But while the uncertainty continues to mount over what actually happened with the proposed takeover, one reporter is remaining optimistic.

Liam Kennedy has been covering the takeover for the Shields Gazette and believes that a final solution will be given sooner rather than later.

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Speaking on the NUFC Matters podcast, Kennedy said: “The only positive I can really take from the information last night, today and over the last six to eight weeks, is that hopefully, in a year’s time – might even be six months’ time – we’ll be sitting here with new owners and this will all have just been a really, really bad dream.

“I’m not saying it’s going to be PIF, but I genuinely believe that in the not-too-distant future, we will have new owners at this football club.

“I don’t know who, what, where, when, but I do believe we’re in the Ashley endgame and I do believe that Newcastle United fans will get their club back in some way, shape or form.”

GIVEMESPORT'S Phil Spencer says...

You have to feel sorry for Newcastle United supporters.

This whole takeover saga has been rumbling on for far too long and that's bound to be frustrating.

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The Amanda Staveley and PIF interest seems like it's done and dusted, and so it's time to move on.

The encouraging thing for Newcastle fans is that Mike Ashley clearly wants to sell, and that can only be good news.

Added into that the fact that he is investing in the squad, and the club is in decent shape going into the season.

Fans are clearly looking forward to getting a deal done, and while there's nothing imminent the hope is that something will materialise sooner rather than later.

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