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Newcastle United Up for Grabs

The Telegraph are reporting that a deal for Newcastle United is imminent. The offer, thought to be in the region of £100 million, comes from a group of local investors.

The investors are due to meet with representatives of Mike Ashley tomorrow (Sunday), to facilitate a deal. There are thought to be four separate investors looking through the Newcastle United’s finances as a deal could be completed within a fortnight.

However, before we get carried away, and I hate to put a dampener on the situation – haven’t we heard all this before? Right now it’s all conjecture. Until the BBC and Sky Sports start reporting similar news, then the Telegraph may be on to something. But until then, it’s a wait and see game. Hopefully we’ll be doing more seeing than waiting come this time next week.

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