Newcastle were keeping their own counsel on Saturday afternoon amid a report that former Manchester United and Chelsea chief executive Peter Kenyon is to lead a takeover bid. Newcastle were keeping their own counsel on Saturday afternoon amid a report that former Manchester United and Chelsea chief executive Peter Kenyon is to lead a takeover bid. Kenyon is reportedly trying to raise the necessary finance to mount a bid for the club, which has been for sale since October last year, the third time it has been played on the market during the 11 years Ashley has owned it. Amanda Staveley’s PCP Capital Partners’ attempted takeover failed in January with the sportswear magnate pulling the plug after the saga was played out in public. The fact that news of Kenyon’s interest is now out in the open is unlikely to please Ashley, although he is desperate to offload a club he admits he cannot take to the next level.

Source: Irish Independent September 29, 2018 13:41 UTC