Revealed: State of play of Newcastle United takeover as Saudi bidders are not discouraged

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Future Newcastle United owners are not deterred by the Premier League’s long wait for approval and have stepped up their plans again ahead of a hoped-for conclusion.It has been nearly four months since the offer entered the tests of owners and managers, who had halted the club’s plans in their tracks. There have been weeks of heated arguments that have centered on geopolitics, TV piracy, human rights issues and questioning the very nature of the Premier League’s business model.

But despite discussions over rival bidders, the public investment fund-backed consortium remains “determined” to close the deal and remain confident.

Communication with the Premier League continued beyond the surprise announcement of a Saudi ban on BeIN Sports – which concerns a 2016 case brought by the Kingdom – and further responses were provided to authorities at the end of the week. The hope is that they will cause a breakthrough in this long-standing saga.

This week also brought claims that Henry Mauriss was looking to ‘step up’ his PR efforts before trying to negotiate a deal for the club, but there are doubts over the American’s offer – and now some suggestions that he is no longer even in the running to buy the Magpies.

Mauriss’ company Clear TV is a major media company in the United States, but the timing of the offer – after Mike Ashley signed a contract to sell the club with the PiF-backed consortium – has raised questions. His wealth and financial might are not in the public domain and he had to deny claims that he is supported by Qatar

The name Mauriss has been mentioned since May as a possible alternative to the PiF offer and he met Ashley. But the Saudi group holds all the cards and remains the only game in town at the moment – pending approval from the Premier League before the “formality” of a money transfer.

With the season drawing to a close and the summer transfer window opening in less than a fortnight, Newcastle are in desperate need of a resolution. Maintaining Ashley’s ownership is a daunting prospect – the club had to give away 10,000 free semi-season tickets last season amid widespread dissatisfaction with the direction the Magpies are headed.

New takeover of Newcastle United

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DeAndre Yedlin’s time at Newcastle is set to end this summer with the defender keen to ensure regular first-team football.

There was talk of a contract extension earlier in the season, but talks collapsed and his representatives are now looking for another interest in the full-back.

Newcastle is considering a defensive overhaul at the end of the season. As we revealed last week, Serie A are interested in Fabian Schar, but his injury – and the three-month absence that follows – is likely to complicate any possible exit.

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Jetro Willems remains an option for Newcastle United this summer, with the popular winger deemed to be making excellent progress in his return from injury.

Full-back Holland works in the gym and believes a September comeback is possible. He remains on United’s minds after a fine loan spell.

However, the clause between Eintracht Frankfurt and Newcastle that had been negotiated in the original agreement has expired.

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