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.

Wednesday, 4th December 2019, 4:45 pm
Updated Wednesday, 4th December 2019, 4:45 pm
Bordeaux's American owner Joe DaGrosa gestures prior to the French L1 football match between Bordeaux (FCGB) and Lyon (OL) on April 26, 2019 at the Matmut Atlantique stadium in Bordeaux, southwestern France. (Photo by NICOLAS TUCAT / AFP)        (Photo credit should read NICOLAS TUCAT/AFP via Getty Images)
Bordeaux's American owner Joe DaGrosa gestures prior to the French L1 football match between Bordeaux (FCGB) and Lyon (OL) on April 26, 2019 at the Matmut Atlantique stadium in Bordeaux, southwestern France. (Photo by NICOLAS TUCAT / AFP) (Photo credit should read NICOLAS TUCAT/AFP via Getty Images)

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.

Sign up to our daily newsletter

The i newsletter cut through the noise

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.

Meanwhile, United boss Steve Bruce has provided an injury update ahead of the Magpies’ trip to Sheffield United, with DeAndre Yedlin and Andy Carroll the topic of conversation.

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.