‘End this nonsense’ – Newcastle fans react to reports of crowd-funded takeover bid

Peter Kenyon is desperately searching for investors to help with his bid to buy Newcastle United, according to The Sun.

And that has not caught fans by surprise, with the Magpies faithful growing used to a media circus surrounding the club.

The report claims that Kenyon, previously a chief executive at Chelsea and Manchester United, is attempting to “crowd-fund” his bid to purchase the club.

Kenyon has reportedly offered Ashley the minimum buy-in of £1million, leaving him £299m short of the £300m needed to complete his purchase.

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Ashley, however, has told Kenyon that he is happy to be paid in instalments, which would be staggered over the course of 2019.

Ashley has repeatedly talked of selling the club and placed it up for sale in 2017, though he claimed that he would only allow a buyer to take control of the Magpies if they could take them to the “next level”.

Newcastle fans have reacted to the news with little surprise, as Kenyon bids to finally end Ashley’s reign.