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Ashley upset Newcastle takeover talks leaked to press

Newcastle United owner Mike Ashley is unhappy takeover interest from Saudi Arabia has reached the press.

The Evening Chronicle says since the Magpies' 0-0 draw with Oxford United in the FA Cup, it has emerged that the Public Investment Fund would fund 80% of the deal and the other 20% would be covered by PCP Capital Limited, headed by Amanda Staveley, but ultimately back on the scene having failed to buy the club from Ashley two years ago.

But while Ashley is not happy that the discussions have leaked out before an agreement was made, there has been no denial from the powers that be that the talks took place in the last four months.

The news broke via the Wall Street Journal who have since updated their story to indicate British billionaires David and Simon Reuben are also part of the consortium.

They say that Jamie Reuben, 33, David's son, would play an "executive role at Newcastle".

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Paul Vegas

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