Newcastle United news: Takeover talks continue for NUFC-linked Joe DaGrosa
Newcastle United-linked Joe DaGrosa remains locked in takeover talks with a bid to buy him out of control at Ligue 1 Bordeaux rumbling on.
Several French outlets have reported that King Street Capital – who own a majority share in the Ligue 1 outfit – are in negotiations with GACP over their 13% stake in the side.
GACP are believed to be willing to sell their shareholding in the club in order to finance further investments, but 20Minutes.Fr claim that the two parties remain locked in discussions over a potential takeover by King Street.
Both sides are believed to be keen on finalising a deal, though, after fan anger at Bordeuax mounted despite a 6-0 win over Nimes on Wednesday evening.
GACP Sports, ran by billionaire DaGrosa, were thought to be interested in a takeover of Newcastle United alongside Peter Kenyon.
The group formed three companies in the USA as they laid takeover groundwork, but talks have not progressed since.
On the transfer front, United face a battle to land a young Portuguese prospect with Juventus and a number of Premier League clubs circling in January.
United are, however, in the driving seat, according to reports.
And finally, here's where the data experts think Newcastle United will finish this season – and they think it’ll be a nail biter.