Sky: Peter Kenyon in talks about taking over NUFC

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Re: WEEKEND FOOTBALL - 28 SEPTEMBER/1 OCTOBER 2018

Post by The Deluded Pablo Diego Jose Francisco » Sat Sep 29, 2018 12:41 pm

From Sky:

Former Manchester United and Chelsea chief Peter Kenyon plots Newcastle takeover.

God i hope not, this guy is a MASSIVE prick!

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Sky: Peter Kenyon in talks about taking over NUFC

Post by Speedo » Sat Sep 29, 2018 1:03 pm

This would be ideal - Peter Kenyon was instrumental to both Man U's success in the late 90s and Chelsea's under Roman Abramovich. Very exciting - if there turns out to be any truth in this.



https://news.sky.com/story/sky-sources- ... r-11512071
Sky sources: Former Manchester United and Chelsea chief Peter Kenyon plots Newcastle takeover
Peter Kenyon is working with advisers on a deal to buy the Magpies from Mike Ashley, Sky News can exclusively reveal.

By Mark Kleinman, City editor

Former Manchester United and Chelsea chief executive Peter Kenyon is plotting a takeover bid for Newcastle United that could end Mike Ashley's decade-long ownership of the Premier League club.

Sky News can reveal that Mr Kenyon has approached a number of potential financial backers in recent weeks about the idea of collaborating on a deal.

City sources said this weekend that he was working on a bid with Rockefeller Capital Management, a New York-based firm run by Greg Fleming, one of the most prominent figures on Wall Street from his time at Merrill Lynch and then Morgan Stanley's wealth and asset management divisions.

Mr Kenyon, who is now a director of a sports consultancy business called Opto Advisers, is said by potential investors to have held preliminary talks with Mr Ashley, the Sports Direct chief executive who bought Newcastle in 2007.

The value likely to be attached to Mr Kenyon's offer was unclear on Saturday.

If a bid from him was successful, Mr Kenyon would take a senior role in the running of the club, according to a source who has been told about his plans.

He is said to believe that there is a significant opportunity‎ to expand Newcastle's commercial revenues, with the club enjoying a significant international following as well as a large and loyal support at St James' Park.

However, any takeover is far from guaranteed, and is partly dependent upon Mr Kenyon securing financing commitments from investors.

In the last few weeks, he has approached a number of private equity firms, high net worth individuals and family offices about backing an offer for Newcastle, although the status of those discussions was unclear this weekend.

Mr Kenyon has forged close ties with a number of Chinese investors in European football clubs, although it is not known whether any of the prospective funders of his bid for Newcastle United would be from the world's second-largest economy.

He remains a credible figure in the football world, having run two of the English game's most successful teams.

After leaving Chelsea in 2009, Mr Kenyon had a spell at the helm of the international sports division of Creative Artists Agency, the talent management group.

He resigned from CAA in 2011, since when he has played what associates describe as a behind-the-scenes role in a number of sizeable football deals.

Many Newcastle fans are desperate for a change of owner, having seen their team relegated twice during Mr Ashley's tenure.

Despite formally putting the club up for sale, however, there have been significant obstacles to a deal, including his reported £400m asking price for the club.

Mr Ashley, who recently orchestrated Sports Direct's £90m acquisition of House of Fraser within hours of it falling into administration, originally put Newcastle on the market last October, saying he hoped to find a buyer by Christmas.

Since then, he has held talks with several bidders, including Amanda Staveley, the City financier behind a vehicle called PCP Capital Partners.

Negotiations between Mr Ashley and PCP, which was said to have proposed a deal structured to be worth in the region of £300m including deferred payments, broke down earlier this year.

It is ‎unclear whether the Sports Direct tycoon is engaged in talks with any other prospective buyers of the club.

Renewed speculation about the Magpies' future ownership comes amid talks about prospective takeovers of other prominent Premier League clubs.

Allisher Usmanov, the Ukrainian tycoon, recently sold his £600m stake in Arsenal to fellow shareholder Stan Kroenke, a deal which has triggered the club's delisting from a junior London stock exchange.

Meanwhile, Roman Abramovich, the Russian owner of Chelsea, has been exploring options for his shareholding following his withdrawal of an application to renew his investor visa.
I had the first custom w***

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Bodacious Benny » Sat Sep 29, 2018 1:07 pm

I'd be very happy. Proven winner and not afraid to spend.
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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Don Sholeone » Sat Sep 29, 2018 1:07 pm

yeah, i think ill leave any excitement on this to a later date <laugh>

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Speedo » Sat Sep 29, 2018 1:13 pm

Yes just to keep the excitement in check:

I had the first custom w***

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Bodacious Benny » Sat Sep 29, 2018 1:14 pm

That's that over then, I enjoyed it while it lasted <roll>
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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by overseasTOON » Sat Sep 29, 2018 1:15 pm

So basically very speculative as it sounds as if he hasn't secured enough investors and this article is essentially a PR stunt through some mates at Sky to drum up possible interest.

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Heisen » Sat Sep 29, 2018 1:33 pm

It's just the club leaking a takeover story to attempt to quieten the protests.
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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Remember Colo » Sat Sep 29, 2018 2:03 pm

Heisen wrote:
Sat Sep 29, 2018 1:33 pm
It's just the club leaking a takeover story to attempt to quieten the protests.
When has the club ever cared about protests? They've been going on for a decade and it never forced them to make changes. Ashley couldn't care less if there were 50k waving bedsheets on Grey Street. Not to mention, supporters are understandably skeptical of any good news, so what would it achieve.

Now I could see leaks like this to try and drum up interest and competition, sure, but I really don't see why they'd suddenly start caring about quelling protests.

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Chappy » Sat Sep 29, 2018 5:14 pm

Won't happen. Good things don't happen to Newcastle United.
It’s the noise, the passion, the feeling of belonging, the pride in your city.

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Sir Bobby » Sat Sep 29, 2018 8:34 pm

Chappy wrote:
Sat Sep 29, 2018 5:14 pm
Won't happen. Good things don't happen to Newcastle United.
I think this sums up how most of us feel. We’ve heard all the rumours before. Nothing ever comes of them

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Slim999 » Sun Sep 30, 2018 3:54 am

Was in the Guardian this weekend.....

https://www.theguardian.com/football/20 ... ike-ashley

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Bruuuuuuuuce () » Sun Sep 30, 2018 6:46 am

The only way this club gets sold is if the stadium is empty in the premier League or full in league 1.

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by jpg » Sun Sep 30, 2018 8:47 am

I see it's almost October again...

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by lassassinblanc » Mon Oct 01, 2018 9:10 am

Hopefully someone buys us, from highlights I seen on, Ashley was there on Saturday and pretty much just laughed and joked while the fans sang for him to get out
I'll Hazard a guess

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Bodacious Benny » Mon Oct 01, 2018 11:27 am

Tbf he either sits their looking miserable then the papers claim that the protests are working, or he laughs it off...
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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by overseasTOON » Mon Oct 01, 2018 12:09 pm

s*** just got real.

Garth Crooks has weighed in with his hard hitting section "The Crooks of the matter"

https://www.bbc.co.uk/sport/football/45699519

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by beatski » Thu Oct 04, 2018 2:35 pm

overseasTOON wrote:
Mon Oct 01, 2018 12:09 pm
s*** just got real.

Garth Crooks has weighed in with his hard hitting section "The Crooks of the matter"

https://www.bbc.co.uk/sport/football/45699519
<laugh> <laugh>

(its at the bottom after the totw, if like me you were wondering where it was)

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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Bodacious Benny » Thu Oct 04, 2018 2:48 pm

Apparently Ashley has no intention of selling (according to reports from last nights come dine with me). PR **** left right and centre.
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Re: Sky: Peter Kenyon in talks about taking over NUFC

Post by Slim999 » Tue Dec 04, 2018 9:03 pm

In the i Newspaper today.....

Ashley reportedly saying that a sale is possible before January '.... and that "talks more progressed than they've ever been

...... Thoughts ???

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