Newcastle United takeover talks 'put on hold' after latest blow for Steve Bruce

Takeover talks have been put on hold as Newcastle United fight the threat of relegation, according to a report.

Tuesday, 2nd March 2021, 11:08 am

They suffered injuries they suffered in Saturday’s 1-1 draw against Wolverhampton Wanderers. A club statement read: “Newcastle United forwards Miguel Almiron and Allan Saint-Maximin will be out of action until April after picking up injuries during the Magpies' 1-1 draw with Wolves on Saturday.”

The Daily Telegraph claim that “takeover conversations have been halted” by Justin Barnes, who had been handling negotiations. The club, it’s claimed is “effectively no longer for sale” while its Premier League status is at stake.

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United owner Mike Ashley has been trying to resurrect a £300million takeover through legal action. The proposed sale fell through last summer over the failure of the Premier League to make a timely decision on its approval.

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Newcastle United owner Mike Ashley.
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