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Liam Kennedy urges caution ahead of potential Newcastle takeover

Leading journalist Liam Kennedy has urged Newcastle United fans to be cautious ahead of the club potentially changing hands.

The Magpies are due to be involved in an arbitration case against the Premier League later this month, although the governing body has yet to supply the club with a date.

Amanda Staveley, the financier leading the takeover bid by Saudi Arabia’s Public Investment Fund, has insisted she has not been deterred in the bid to buy Newcastle.

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Staveley, who is fronting the bid alongside her husband Mehrdad Ghodoussi and David and Simon Reuben, also urged members of the Toon Army and MPs to keep calling for the £340million takeover to be pushed through.

The Magpies have also released a statement calling for transparency in the arbitration case against the Premier League.

Mike Ashley, the club’s current owner, is keen for the process to be played out in public, but it requires the Premier League’s approval.

Kennedy, of the Shields Gazette, insists supports should not get ahead of themselves.

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He told Football FanCast: “I would urge caution. There is a lot of confidence.

“The buying side have gone relatively quiet but the selling side are drumming up this confidence. It’s the selling side who are driving both the arbitration, which is an internal Premier League process, and the cat case which has been pushed forward through a different avenue.”

Article title: Liam Kennedy urges caution ahead of potential Newcastle takeover

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