Eddie Hearn has distanced himself and his father from any move to takeover Newcastle United.
Reports have linked Barry Hearn with being involved in negotiations, such as introducing key figures in takeover talks when Matchroom Boxing took unified world champion Anthony Joshua to Riyadh to in December.
However, his son Eddie has come out and quashed those claims. He told The Shields Gazette: “It is absolute rubbish. We love Newcastle United football club, but we ain’t buying it. We are not involved in buying it, so sorry for the person who was driving the price up. We are not in the running.”
This is a situation that has now dragged on and on. Last year, Mike Ashley seemed to be not too far off a deal with the Bin Zayed group in regards to a sale of the club, but that didn’t materialise. Now, there appears to be a fresh report every single day – from Amanda Staveley to socialite Carla Dibello, a number of people are said to be involved.
Clearly, the Hearns’ affinity with the club could have led to a good partnership, but that clearly wasn’t to be. Now, though, it is getting to a point where any new owner will do. The Newcastle fans want Ashley to sell up and move out of the club, and they have done years, but still he remains. That will only lead to a negative atmosphere around the club and the city.
On the pitch this term, the Magpies have actually done ok – they are 12th in the Premier League table, whilst they have reached the FA Cup fifth round for the first time since 2006. However, if they want to build on that success, they need stability from the top all the way down. The longest this takeover takes to reach its conclusion, the worse it is for the club, the players, and the fans. It’s about time it got sorted out.