fbpx
Connect with us

English Football League

Sunderland taunt Newcastle over collapsed takeover in cryptic hidden message

League One side Sunderland taunt their bitter rivals Newcastle United over the collapsed takeover in a cryptic hidden message.

After 18-long weeks, Newcastle’s saga has finally ended, but not in the way Magpies fans would have hoped for after learning that the consortium has withdrawn its bid to buy.

The consortium, led by Saudi Arabia’s Public Investment Fund and also involving Amanda Staveley and the Reuben Brothers, had been long awaiting for a decision from the Premier League.

www.fanbanter.co.uk – Fan reaction to the latest football news, gossip & funnies

However, after the league organisation has failed to provide any guidance, they have decided to pull the plug on the deal, a huge blow to the club.

According to reports from The Times, Amanda Staveley was left in tears as she confirmed of the decision to withdraw the £300million offer to Mike Ashley.

She has blamed the Premier League for not approving the takeover. Staveley has confirmed that they did everything to get the deal secured and answered all the questions put forward by the Premier League.

The businesswoman has also stated that other Premier League clubs didn’t want the deal to go through, Liverpool and Tottenham were among those clubs that opposed the takeover, however there were others, though they weren’t named.

Newcastle United fans will be left angry, having being excited with how much the planned takeover might have benefited the club, leading to significant investment for the 2020/21 season going forward – much needed especially after finishing 13th in the recently concluded Premier League season.

A statement read: “With a deep appreciation for the Newcastle community and the significance of its football club, we have come to the decision to withdraw our interest in acquiring Newcastle United Football Club.

“We do so with regret, as we were excited and fully committed to invest in the great city of Newcastle and believe we could have returned the club to the position of its history, tradition and fans’ merit.

“Unfortunately, the prolonged process under the current circumstances coupled with global uncertainty has rendered the potential investment no longer commercially viable.

“To that end, we feel a responsibility to the fans to explain the lack of alternatives from an investment perspective.

“As an autonomous and purely commercial investor, our focus was on building long-term value for the club, its fans and the community as we remained committed to collaboration, practicality and proactivity through a difficult period of global uncertainty and significant challenges for the fans and the club.

“Ultimately, during the unforeseeably prolonged process, the commercial agreement between the Investment Group and the club’s owners expired and our investment thesis could not be sustained, particularly with no clarity as to the circumstances under which the next season will start and the new norms that will arise for matches, training and other activities.”

In the same day that the Magpies saw the proposed £300million takeover fall through on Thursday, the Black Cats announced the signing of Aiden O’Brien.

And Sunderland have taken the opportunity to taunt their local rivals over the collapse of the deal on Thursday.

The Black Cats used the announcement of new signing Aiden O’Brien, after the Millwall striker left The Den on a free transfer, to poke fun at their north eastern nemesis.

‘After a long wait, there’s nothing better than finally getting a deal over the line,’ the League One outfit wrote, before listing:

‘Championship experience. A previous promotion. North-London born. Senior international’.

www.fanbanter.co.uk – Fan reaction to the latest football news, gossip & funnies

Newcastle owner Mike Ashley is once again without a buyer for the Premier League club

When listed vertically, the first letter of each of the four items spells ‘cans’, a phrase Newcastle fans have been posting on Twitter with fans anticipating opening a few beverages once the takeover deal was complete.

As Sunderland taunt Newcastle over collapsed takeover in cryptic hidden message, fans of both clubs were able to spot both jibes, see what they had to say…

Click to comment

You must be logged in to post a comment Login

Leave a Reply

More in English Football League