Newcastle United takeover is off: Where do we go from here?

“Falling down on all that I’ve ever known…”

The 2017-18 season has been a rollercoaster of emotions for many Newcastle United fans, but there was always a sense that the potential new ownership group on the horizon could return the club to past glory. Now, that same feeling has disappeared almost as quickly as it seemed to come about.

Sky Sports reported late yesterday that the proposed deal to purchase the Magpies between Mike Ashley and PCP Capital Partners has completely broken down, and discussions have ceased. Sources close to the talks seemed to have mixed views in some respects, as one individual with knowledge of the situation stated that a bid is “still on the table”.

As manager Rafa Benitez works as well as possible to keep the Geordies in the top flight, the news on Tuesday comes as a major concern for the future ahead.

PCP Capital Partners and Amanda Staveley submitted their formal bid several weeks ago, and there were many who believed that an agreement would materialise quickly.

Ashley himself stated last year that he wanted to sell the club by Christmas. There was reason to think that this was a true possibility, but instead the Toon Army find themselves disappointed and frustrated.

Focus on what can be controlled

It is easy to immediately think of what the next few months will bring on Tyneside, as a team that desperately needed reinforcements will almost certainly not see them arrive.

The rumours surrounding the likes of Kenedy and Pape Souare may be nice additions, but will that save the club from relegation? That is extremely difficult to say at this point.

Benitez has found life at St. James’ Park a challenge when it comes to player transfers, and that will not change any time soon.

Next: The potential impact of relegation for Newcastle

Newcastle United fans around the world thought a new era was on the way. One day that will be the case. However, the painful waiting continues.