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Paul Smith delivers PL update over Newcastle takeover

Newcastle United’s prospective £300m takeover appears to still be some way off being complete this week after journalist Paul Smith delivered this latest update.

Do you think the PL will reject the takeover?

It's looking that way

It's looking that way

No, have some faith

No, have some faith

He claims that the Premier League still haven’t given any confirmation over the deal and those involved remain “completely in the dark” over the situation.

Smith tweeted this afternoon:

This is rather a cause for concern that the relevant parties involved haven’t received the slightest bit of information regarding the owners and directors test. The claim also suggests that both the buying and selling side know as much as the fanbase right now.

It’s been around two months since the news first broke about the Magpies potentially being sold to a Saudi-backed consortium. Several reports have created doubt on the situation in recent weeks, which wasn’t helped by Premier League CEO Richard Masters barely giving anything away in an interview on Friday.

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The truth is, no one really knows when – and even if – the takeover will go through, especially with ‘Project Restart’ being centre of attention for the top-flight at the minute.

AND in other news, Newcastle fans react to update on season tickets…

Article title: Paul Smith delivers PL update over Newcastle takeover

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