Amanda Staveley and PCP Capital Partners move closer to Newcastle takeover after tabling opening offer... but Mike Ashley is set to reject bid which is lower than reported £300m



Amanda Staveley and PCP Capital Partners have moved closer to a takeover of Newcastle United after making an opening offer - but Mike Ashley is set to reject the approach.
The Middle East and Chinese investment fund - fronted by the Yorkshire businesswoman - have been working through the due diligence process since last month and have now tabled an initial bid.
However, Sportsmail understands that Magpies owner Ashley was furious at reports which emerged on Monday night suggesting the figure was in the region of £300million.
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20 November 2017 in Sport, Views: 57
Source: Daily Mail
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