Bin Zayed Group issue new takeover update after 8 days of silence - & it's good news if you believe them..
The Bin Zayed Group have provided a short but positive takeover update, telling the Chronicle that their bid to buy the club is "all good" - suggesting a the deal is progressing well.
This is the first 'update' we've heard after eight days of silence since the Bin Zayed Group's last statement, with them remaining confident that they are on course to complete a takeover.
In typical Mike Ashley fashion, we're yet to hear a thing from the club, but I'm hoping the silence is golden in that regard. After all, would Mike not have came out and rubbished all of these claims from the BZG by now if they weren't true?
Nevertheless, here's what Mark Douglas has had to say after the Bin Zayed Group made contact with the Chronicle this weekend:
'Breaking their silence after eight days of little or no official information from either buyer or seller’s side, the Bin Zayed Group insist their takeover bid is progressing on track.
'The takeover picture remains unclear – although positive noises from the Middle East might raise hopes of further news this week.
'Indeed ChronicleLive has received contact from Bin Zayed Group sources who insist their bid for the club is “all good” and continuing to progress well.
'Further specifics are difficult to draw from the group or Newcastle, but this fresh word – which coincides with the end of the Eid holiday in Dubai – at least suggests optimism remains on the part of the would-be owners.'
Good news? Well it definitely is if you believe everything they've been saying over the past fortnight.
That said, I think it's time for the club to respond and at least let us know the current state of play.
Mark Douglas mentions in this piece that June is always a 'quiet month' for club chiefs, with many going on holiday ahead of a July return, but insists that the silence from St James' Park just is 'unacceptable' as far as a takeover and Rafa Benitez is concerned - two huge issues that are yet to be resolved a month after the season ended.
