sport news Newcastle takeover talks between Peter Kenyon and Mike Ashley resume

Toon sale back on! Newcastle takeover talks resume after Peter Kenyon sends letter to Mike Ashley Peter Kenyon's bid to take over Newcastle is back up and running in the new year He messaged Mike Ashley before Christmas promising to resume negotiations  It was thought the deal was over after the consortium failed to find £300million 

By Martin Samuel for the Daily Mail

Published: 22:00 GMT, 4 January 2019 | Updated: 08:43 GMT, 5 January 2019

200 shares

90

View
comments

Peter Kenyon’s bid to buy Newcastle is not over, and he has contacted Mike Ashley personally with a promise to resume negotiations this month.

It was thought that the consortium led by Kenyon had given up on the deal, having failed to find the £300million funding required to tempt Newcastle’s owner to sell.

But a letter sent by Kenyon shortly before Christmas, and seen by Sportsmail, makes it plain that discussions will continue and the sale is still on — with the former Chelsea and Manchester United executive in pole position. 

Peter Kenyon's bid to take over Newcastle is not over and has promised to resume negotiations

Peter Kenyon's bid to take over Newcastle is not over and has promised to resume negotiations

Mike Ashley was sent a letter by the former Chelsea and United executive before Christmas

Mike Ashley was sent a letter by the former Chelsea and United executive before Christmas

Sent via the club for Ashley’s personal attention, Kenyon writes of a ‘serious determination to finalise the agreement we have… as soon as possible in the New Year’. He adds: ‘I would like to personally assure you that I am committed to conclude our deal as soon as possible … we are both perhaps frustrated that we have not progressed as quickly as we would have wished.’

PREV sport news Steven May left raging as controversial umpiring call sees Melbourne lose to ... trends now
NEXT sport news Piers Morgan names two current stars in his greatest Arsenal XI of all time... ... trends now