The latest on Newcastle United’s takeover

Rex Christensen
December 7, 2018

Newcastle owner Mike Ashley is considering four bids in excess of £300million for the club as he attempts to push through a sale before January.

According to Press Association Sport, four interested parties - all of whom are based overseas - have made offers for the club, and a consortium led by former Manchester United and Chelsea chief executive Peter Kenyon would appear to be the front-runner at the moment.

The seemingly annual Christmas talk of the sale of Premier League Newcastle United is now in full swing with former Manchester United and Chelsea chief executive Peter Kenyon leading discussions in the U.S. to create a consortium of buyers who will put up the £300 million needed to buy the club from Mike Ashley.

The Guardian claims that Ashley is now "considering four bids in excess of £300m" for the Magpies, including one from a consortium led by Kenyon.

Newcastle have twice been relegated from the Premier League under Ashley's ownership.

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Benitez will also be hopeful that the situation does not have any effect on the Newcastle players as he prepares them for tonight's Premier League trip to Everton.

With those kind of stats, I think safe to say he has increased in value by a lot more than £8m in these past two seasons.

The Spaniard has guided the Magpies to 15 in the table despite a terrible start to the season which saw them pick up just three points in their first 10 matches.

"For us, we have experience of this. For us, it is really business as usual". Fine. We are looking for the targets, so it depends who is there and who is available. "We have to look for our targets and just be ready for January 1".

"But for me, we carry on and thinking that Mike will be there, and we have to choose the right players for us".

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