Takeover talk has once again caused a frenzy in Newcastle.
World-renowned news outlet the Wall Street Journal were first to report interest from the Saudi Arabia sovereign wealth fund, which certainly gives it some credence.
However, there seems to have been no real progress since the first report emerged on January 25th.
According to the Northern Echo, there is still no sign of a formal approach from Amanda Staveley and co.
The report also adds that it’s ‘business as usual’ at Newcastle, with the hierarchy now looking towards the summer transfer window.
Initially, this sounds worrying. If it’s ‘business as usual’, a takeover must not be close on the face of it. And the fact that the club are looking at who to sign this summer suggests the current regime expect to still call the shots going into next season.
But when you think about it, why would the club’s stance change?
Until a deal is on the brink of being completed, it will always be ‘business as usual’. That’s just the way companies operate. The day to day running of a business can’t change because of a potential change in ownership.
And it would be negligent of the hierarchy if they weren’t looking at transfer plans for the summer.
Multiple takeover attempts have come and gone in recent years. If things behind the scenes changed every time there was a takeover rumour, nothing would get done (although some fans will argue nothing gets done regardless).
The silence will cause worry for some fans, and provide others with optimism. But until something official emerges, all we can do is wait.