Revealed: Newcastle’s big takeover clue as insiders say potential new owner approaches

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Amanda Staveley and her representatives have started looking for potential candidates for roles in a new Newcastle United scheme, the Notebook understands.

The buyer side is optimistic about the possibility of concluding an agreement while talks continue between the two parties.

The paperwork has been placed in the Premier League, but elite lawyers are not yet working through owner and administrator tests, and no elite have encountered any of the new team of potential owners – this which would be a complicated and complex process given that there are several investors in the proposed Staveley consortium.

A note of caution was expressed on the sellers side this week, insisting that no price has been agreed and no funds have yet been paid. Another emerging message is that there will be no shock price due to the coronavirus crisis.

But emitting the feeling that people are joining a new diet certainly suggests confidence among buyers. Newcastle’s current management structure is reduced to a minimum, with no formal board of directors, but the people of Staveley seem to be in favor of retraining and adding football executives.

His group PCP Capital Partners performed detailed due diligence off the field in 2017, speaking to fan groups, NUST and the rugby club – as well as the board – to see how the club could be at the center of the community. There don’t seem to have been the same openings this time.

In any case, the coming weeks seem crucial for the project. (MARYLAND)



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Newcastle United’s annual accounts – usually delivered this month – will not be available for three months after the club took advantage of the emergency rules to delay publication.

United is one of only two Premier League clubs to publish its annual accounts. But like Crystal Palace, they will use the loosening of the Financial Conduct Authority rules to give them two more months to report – which means we can now expect results to be delivered in July. Derby County did the same.

It also means that we will likely have some sort of update on how the club, which put most of its employees on leave on Monday, is coping with the enormous financial challenges of the coronavirus pandemic.

The rules are intended to provide relief “to listed companies facing the challenges of corporate reporting during the coronavirus crisis”. (MARYLAND)



Lee Charnley pictured as Newcastle United confronts Rochdale at the Crown Oil Arena
Lee Charnley pictured as Newcastle United confronts Rochdale at the Crown Oil Arena

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The Reuben Brothers are part of the group looking to buy Newcastle United from Mike Ashley but it’s not Simon or David Reuben who will be on the board of directors – it will be David’s son Jamie.

The 32-year-old currently sits on the board of directors for the QPR Championship Club. He will have to resign from this post to take up his duties in Newcastle.

Sources say QPR has no knowledge of an imminent resignation of Jamie, who still continues his usual activities at Loftus Road.

Relatives of the Reuben brothers have also not responded to the latest reports regarding Newcastle.

Jamie is the best friend of QPR president Amit Bhatia, but in a rare interview last month, he denied being offered the job simply because they were friends.

“Absolutely not, I’m not really its director,” he told The Times.

“I’m the director of Tony Fernandes – he’s another tough businessman. It wouldn’t bring me if I didn’t add value – friendship only takes you so far. “

The fact that this was his first interview in more than a decade and that his uncle Simon would have given a last interview in 2004 illustrates how private the family is.

The Reuben Brothers own several grounds and businesses in Newcastle, so they will be well aware of the passion the city has for its football club – even if they do not live in the United Kingdom.

“We have a long distance business relationship, but they want to know what’s going on,” adds Jamie.

“We are a very informal family and we discuss things collectively – we agree on most things. In general, we are aligned with how we see things, and once we do, it’s pretty easy to get things done. ”

Newcastle fans hope this will be the case for this latest takeover attempt. (A M)



Jamie Reuben attends a VIP dinner as part of the
Jamie Reuben attends a VIP dinner as part of the “Stanley Kubrick: The Exhibition” at the Design Museum on May 09, 2019 in London, England

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Federico Fernandez is still planning “three to four years” in the Premier League and with Newcastle United.

Fernandez’s career in Newcastle was threatened earlier this season when he was out of the camp, but he impressed Steve Bruce and club officials with his return and was one of the club’s best defenders this season. The club has called for a one-year extension in their agreement to keep him on board for the 2020/21 season, each time it begins.

Speaking in Argentina this week, he was asked if he would return to Estudiantes – his former club. “I don’t know, today I’m very good at Newcastle. My idea is to stay for the next few years at this level, it would be very good, and to compete with the best. I prepared a lot to be here. What can happen in three or four years, who knows, football and life’s changes, “he said.

“I really enjoyed my stay at Estudiantes, it’s an exceptional club, with first class facilities. With Sebastián Verón in charge, as he leads in the best way, that’s why Marcos comes back. “(MARYLAND)

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In another grim week, there was at least a silver lining with the release of the Newcastle United Foundation’s annual report, which confirmed the great work done by the Foundation.

You can read the report here. Although Foundation staff are part of the extensive licensing process at St James’s Park, they delivered 2,000 packed lunches to schools in Walker, Byker and Walkergate earlier this week. (MARYLAND)

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