Simon Jordan has a theory about Newcastle's £350m takeover

Newcastle United fans celebrate at the final whistle during the Premier League match between Newcastle United and West Ham United at St. James Park on August 26, 2017 in Newcastle upon...

Mike Ashely's reign at Newcastle United is reportedly coming to an end and fans of the Premier League club are thrilled.

Newcastle United fans celebrate at the final whistle during the Premier League match between Newcastle United and West Ham United at St. James Park on August 26, 2017 in Newcastle upon...

Simon Jordan is increasingly confident that the supposed Newcastle United takeover will go ahead while confusion reigns at St James’ Park, speaking to Jim White on talkSPORT (29 May, 12.10pm).

The Sun broke the news on Sunday that Mike Ashley’s reign on Tyneside could be coming to an end with Sheikh Khaled bin Zayed Al Nehayan tipped to re-awaken the sleeping giants to the tune of £350 million.

The Sun adds that terms are already agreed between Ashley and Sheikh Khaled, while Newcastle’s potential new owners claim that they have provided the requisite proof that they have the funds to do the deal.

 

And former Crystal Palace owner Simon Jordan believes that this is more than just another false dawn at a club who have seen plenty of lucrative takeovers fail to materials in the last few years.

“I personally think there is a very distinct possibility this deal will happen,” Jordan said.

“It’s very quiet from Newcastle, it’s coming from somewhere else. And when its quiet in the place that’s selling, that’s normally the pre-cursor to a deal happening.

“That is how deals get done.”

Newcastle United owner Mike Ashley (C), Linda Ashley (L) and managing director Lee Charnley (R) look on from the stand prior to the Barclays Premier League match between Tottenham Hotspur...

Newcastle fans are understandably thrilled about the prospect of Ashley’s abdication with the much-maligned Sports Direct magnate stunting the progress of this once great club due to a lack of adequate investment in the transfer market.

The Magpies have not finished in the Premier League’s top six since 2012 and it remains to be seen who will be their manager next season with Rafa Benitez out of contract.

Newcastle manger Rafa Benitez reacts on the touchline during the Premier League match between Newcastle United and Manchester City at St. James Park on January 29, 2019 in Newcastle upon...

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