Rejoice, another Newcastle United takeover saga has emerged!

Thursday night brought reports that Peter Kenyon was back in the fold, with a 46-page brochure detailing his bid to purchase Newcastle United from Mike Ashley.

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The summer was dominated with talk of a takeover from the Bin Zayed Group, but that fell apart in disastrous fashion. Fans have been burnt too many times, meaning every takeover report that emerges is met with cynicism and scorn from the Toon Army. And Kenyon’s latest efforts are no different.

While fans are right not to get excited, words from the man they want rid of might shed a bit more light on the situation.

Back in July, Ashley conducted an interview with the Daily Mail, where he discussed the possibility of a takeover happening.

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“The day someone buys Newcastle, they’ll do their due diligence – and finished,” Ashley said.

 

“It will happen like Manchester City. By the time the media find out, it’s already complete.  There’s no need for a delay with Newcastle. It is, honestly, a very well-run football club.”

Ashley’s words from July suggest that his takeover attempt from Kenyon isn’t going to happen. As always, it’s being played out in the media once again. That’s not how a takeover happens.

(Photo by Colin McPherson/Corbis via Getty Images)

We’ve seen multiple takeover stories appear in the papers over the past few years, yet Mike Ashley still remains the owner of Newcastle United.

It was a matter of time before another takeover report emerged after the BZG summer. But when a true takeover is really going to happen, it’ll be as Ashley described it back in July. Prove us wrong, Mr Kenyon.

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