Mike Ashley wanted to sell Newcastle United before Christmas comes and now a new bidder comes to potentially buy the club and that is Amanda Staveley.
Amanda Staveley has now become the fifth potential buyer for the club and has already signed a non-disclosure agreement with the club. But it is understood that the negotiations will take months rather than weeks away.
Ashley has been open to offers since the start of the year but there were no concrete offers on the table. But with the non-disclosure agreements are now being signed this could also signal that the club will finally have a new owner soon.
Unlike Ashley’s hopes to sell the club as soon as possible, it seems that it will take longer than that.
Ashley’s lawyer, Andrew Henderson spoke, however, that there are additional parties coming forward for the club and that negotiations are in place.
“Since Monday, a number of additional parties have come forward which we believe to be credible,” said Henderson
“We are [also] continuing to engage in conversation with a number of parties with whom we were engaged in negotiations prior to Monday’s announcement.”
Staveley is believed to want to have a Premier League club for herself as she is also known to be a deal-maker in football circles.
The 44-year-old Yorkshire woman who heads the Dubai-based financial advisory firm PCP Capital Partners which has around £28 billion of Middle Eastern wealth also helped broker the purchase of Manchester City by Sheikh Mansour bin Zayed al-Nahyan in 2009 and fronted Dubai International Capital’s £400m bid for Liverpool in 2008.
Staveley estimated the club’s value to £300 million while Ashley was hoping to get £400 million.