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Christian Atsu’s Newcastle Linked With New Takeover Bid

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Newcastle United have been linked with yet another buyer following the wave of disappointment that swept supporters when talks with Amanda Stavely fell through.

That is according to journalist Mootaz Chehade,a Saudi investment company are currently preparing a huge bid to buy Newcastle United, Chairman Mike Ashley is tempted to sell.

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Alongside Newcastle, the Saudis are also interested in buying Italian club Genoa as well, they’ve decided to follow the footsteps of UAE and Qataris and invest in European football heavily too. — Mootaz Chehade

It was previously confirmed by club representatives that Newcastle is still up for sale, while it has been reported that owner Mike Ashley wants at least £300m for the Magpies.

Newcastle United

“The club remains for sale,” a panel told fans earlier this month, per the Shields Gazette. The club has a very clear and reasonable process for individuals or groups who express an interest in purchasing the club. There has not been a lot of serious interest and a sale is not close as it stands.

“The owner wants a fair price and has been open to the dating of payments to achieve a sale.

“In addition the buyer must be someone, or a group, that can take the football club forward and support it financially better than he can.

“It is important to disclose that there have been groups who have expressed an initial interest, but who have been discouraged with proceeding due to the visibility and scrutiny that comes with the football club.”

Christian Atsu joined the Newcastle United on-loan from Chelsea Football club before he secured a permanent deal with the Magpies.