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Sat 18 Apr14:00

Newcastle fans react to latest Bin Zayed Group takeover drama

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Newcastle fans react to latest Bin Zayed Group takeover drama

A number of Newcastle United supporters have been reacting to reports that the potential takeover of Derby County by the Bin Zayed Group has hit a fresh stumbling block.

The Bin Zayed Group were heavily linked with a proposed takeover of Newcastle, but a deal between them and Mike Ashley never materialised. The Magpies have since been the attempt of another hitherto unsuccessful takeover bid by the Saudi-based Public Investment Fund, although there is more hope that the deal could be rescued, with a legal arbitration process underway at the moment.

The consortium involved in the Bin Zayed Group have turned their attentions to Championship strugglers Derby, and it had been reported that potential takeover of the club was close. They have also reportedly played a role in the recent appointment of former Newcastle manager Steve McClaren to the position of technical director.

However, The Athletic have reported that the takeover of Derby is now in doubt following the revelation that Sheikh Khaled still owes around more than £500,000 to a law firm for the work they put into trying to get the takeover of Newcastle going last year.

Newcastle fans react to Bin Zayed Group takeover latest

Many Newcastle fans were quick to point out that they believe the Magpies have dodged a major bullet with regards to avoiding being taken over by the Bin Zayed Group. One supporter even suggested that the much-maligned Tyneside owner Mike Ashley deserves credit for distancing himself from BZG.

https://twitter.com/jchaytor16/status/1338810261776568321?s=19

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