Newcastle United takeover has made no further progress
Reports of a deal being close for Amanda Staveley to take over at Newcastle have quietened down lately with no contact being made with current owner Mike Ashley since the beginning of December, according to the Telegraph.
Back in November, Staveley submitted three offers, in an attempt to purchase the club. Ashley has been the owner at St James’ Park for 11 years.
Staveley, 44, has currently been unable to match Mike Ashley’s £300m valuation of the club, and the Magpies’ owner believes she will not revive her interest, due to the number of weeks he has been waiting for a fourth offer. It is rumoured that a fresh bid is being put on hold until the fate of Newcastle’s Premier League status is confirmed.
Newcastle fans have been wishing to see the back of Ashley for many years, due to his regime and lack of investment in the club.
Staveley’s last offer reportedly came in a very informal situation when she “ambushed” him whilst he was having a meal, and due to this unprofessional encounter and the number of failed attempts from Staveley, some sources say Ashley has lost interest and may not discuss the takeover with her anymore.