Journalist shares whether BZG have given up on their attempted takeover of Newcastle

The have not gone away in their efforts to potentially takeover , according to journalist Neil Mitchell.

The writer claimed on the Chronicle that the group have been left embarrassed by their attempts to complete a deal with Mike Ashley for the Magpies this summer.

Mitchell reported that Sheikh Khaled has been angered by the takeover and more specifically at Ashley for his attempts to change negotiations midway through talks.

“As for the Bin Zayed Group, have they gone away? he wrote in a Chronicle column.

“No is what I have been told but this summer has certainly been highly embarrassing for them and Sheikh Khaled.”

“They are angry, too. I am quite sure some of that anger is at themselves in part, but also at Mike Ashley using the deal stagnating to try and change terms.”

The Sun reported earlier in the summer that the Bin Zayed Group had agreed a £350million deal to take control at St James’ Park, a move that failed to materialise.

OPINION

It is no surprise that the Bin Zayed Group have been angered by the actions of Ashley this summer. The controversial Newcastle owner has also continued to ruffle the feathers of all Magpies’ fans, who were led to believe that this would be the year that they could finally wave goodbye to one of the Premier League’s most hated owners. Newcastle fans have made their thoughts clear at the beginning of this season by boycotting a number of fixtures at St James’ Park as they look to force Ashley out of the club. Their boycotts seem justified, as Ashley’s attempts at changing terms midway through negotiations – if true – could prove that the fans are right to believe that their owner isn’t as committed as he says he is when it comes to selling the club. If Ashley wanted to sell the Magpies he could have done so when the Bin Zayed Group made their move in the summer, but his decision to try and negotiate a better deal for himself only highlights how his financial needs come before what is right for the club and its fans.

This article was originally posted here