Report: Former Man United, Chelsea CEO Kenyon involved in Newcastle takeover

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A well-known name and face in the Premier League is reportedly part of the group negotiating to take ownership of Newcastle United.

According to the BBC, former Chelsea and Manchester United CEO Peter Kenyon is leading the takeover talks for American financial firm Rockefeller Capital Management. Earlier this week, Newcastle owner Mike Ashley told Sky Sports that a sale could be completed before the new year, though the BBC states that is optimistic.

It is great news for long-suffering Newcastle supporters to hear that Ashley is close to selling the club, but we’ve been here before. Ashley nearly sold the club to Amanda Stavely before the deal fell through in 2017.

Newcastle fans instead will have to stay on-edge, waiting to see if this deal goes through. If the new owners are willing to spend, Newcastle fans could see their team lifted back into the top ten, with the impressive support behind the team every week.