Former Chelsea FC and Manchester United CEO, Peter Kenyon, is leading a consortium which is in discussions to buy Newcastle United. Without referring directly to the consortium, Newcastle United’s owner, Mike Ashley, said talks to sell the club are at a "more progressed stage" than ever before. Other parties are also thought to be interested in the Premier League club. The deal would see Ashley take control of Newcastle, who have been relegated from the top flight for three years running.
Former Chelsea FC and Manchester United CEO, Peter Kenyon, is leading a consortium which is in discussions to buy Newcastle United. Without referring directly to the consortium, Newcastle United’s owner, Mike Ashley, said talks to sell the club are at a "more progressed stage" than ever before. Other parties are also thought to be interested in the Premier League club. It would be a challenge for any deal to complete before the start of the January transfer window because of the required due diligence and regulatory checks.