George Caulkin: PIF Newcastle takeover bid hasn’t been rejected

Amanda Staveley

As we are approaching week 14 of the Newcastle United takeover saga, it is gradually becoming exhausting more than anything else.

George Caulkin of The Athletic, who is arguably one of the best journalists around covering North-East football, has been keeping the fans updated on the takeover developments with regular information for the past three months.


Premier League chief Richard Masters said last week that they are expecting to come to a decision shortly. However, he hasn’t given a clue about the potential outcome of the takeover.

Masters expressed dissatisfaction about issues regarding piracy, and there was a feeling that the deal could be blocked by the Premier League.

Caulkin has claimed that the deal is ‘definitely’ on and that it has not been rejected. However, there’s isn’t enough information to deliver at the moment.

It’s a small update but a significant one. It means that the Saudi-funded takeover deal is very much under consideration, and we all have to wait and see what the final verdict will be.

In a separate tweet, Caulkin has also rubbished the idea that Mike Ashley, the present owner, could be holding the deal up, as he might try to get the last of the Premier League money before he decides to leave.

Caulkin has said that Ashley has done his part and has signed off the deal.

As of now, Ashley has already agreed a £300m deal to sell Newcastle, and a part payment has already been made, which is non-refundable.