Jamie Reuben's heartfelt apology to Newcastle United fans after takeover collapses
Jamie Reuben has issued a heartfelt apology after his consortium walked away from a £300 million buyout of Newcastle United.
Reuben was set to become a director at St James’s Park had the PCP Capital Partners, Public Investment Fund of Saudi Arabia and Reuben Brothers deal been given the green light by the Premier League – but after 16 weeks of waiting for an outcome, the consortium pulled the plug.
And taking to Twitter Reuben, a director at Championship outfit QPR, said: “We feel great compassion for the Newcastle United fans with whom we shared a great commitment to help Newcastle United harness its tremendous potential and build upon its impressive and historic legacy while working closely with the local community.
“We would like to say that we truly appreciated your incredible expressions of support and your patience throughout this process. We are sorry it is not to be.”
Jamie Reuben and the Reuben Brothers were contributing to the NUFC Fans Foodbank throughout the COVID-19 crisis.
When this was revealed by the group, Reuben tweeted: “Thank you for all you do.”