Mike Ashley pushed Saudis over the edge in late move to ‘renegotiate’ £300m takeover – Report

By | 30th July 2020
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Some damning claims have emerged from The Mail’s David Coverdale tonight, revealing what ‘sources close to the Saudis’ have said about Mike Ashley’s role in their withdrawal on Thursday afternoon.

They state that the Newcastle United owner tried to “significantly renegotiate” the £300m deal at the ‘last minute’.

As a result, Coverdale claims this one of the reasons why they have withdrawn their interest today, stating they also lost their patience with the Premier League after FOUR months of waiting for a final decision:

Sadly, this sounds just like Mr. Ashley, doesn’t it?

I initially struggled to see how he would be able to renegotiate a deal that had already been agreed, with contracts exchanged and a deposit paid by all accounts, however Coverdale claims the ‘sales and purchase agreement’ signed between the two parties back in April had expired earlier this month, meaning Ashley was able to propose new terms.

What an absolute shambles.

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This post written by Olly Hawkins originally appeared on NUFC blog – Newcastle United blog – NUFC Fixtures, News and Forum.. Read the full post here.

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