Bin Zayed Group issue statement on Newcastle United takeover as they 'finalise' deal

The Bin Zayed Group have issued a fresh statement on their efforts to takeover Newcastle United.
Watch more of our videos on Shots! 
and live on Freeview channel 276
Visit Shots! now

However, since then there has been silence from Sheikh Khaled’s group – and the club, which was put up for sale by owner Mike Ashley in October 2017.

Hide Ad
Hide Ad

And fans of the managerless club – Rafa Benitez left on June 30 when his contract expired after talks with Ashley broke down – have voiced concerns over a perceived lack of progress.

The group has today issued a statement through Peter Redding, a Dubai-based journalist.

It read: "Both parties have worked diligently in finalising a deal, none more so than ourselves. We have completed every aspect required in a takeover process. Press claims of no bids or Premier League approval processes are simply untrue.

“The current owners have cooperated amicably throughout this process, and if a deal is not forthcoming, it will not be due to lack of effort from both parties.”

Hide Ad
Hide Ad

Redding later added: “The quote is official from the CEO. It was deemed preferential to release through social media. Media sources will then pick it up, more importantly fans would initially.”

St James's Park.St James's Park.
St James's Park.

Newcastle are the only club yet to make a signing this summer. The club last week sold forward Ayoze Perez to Leicester City for £30million, while striker Salomon Rondon – who spent last season on loan at United – is not expected to return. Manchester United are set to bid for midfielder Sean Longstaff.