The takeover of Newcastle United is long overdue, but the timing of this deal could not be any more perfect.
Newcastle United supporters remain glued to Twitter as we all impatiently wait for the announcement that the takeover has been approved by the Premier League. At first it seemed like the process would be smooth sailing for the buying party, and it might still be, but new letters from various organizations and companies could become unwanted hurdles.
As fans all we can do is hope that the letters have no impact on the deal. On the plus side, several reports claim that Prince Mohammed bin Salman, Amanda Staveley, the Reuben brothers and Mike Ashley remain confident that the deal will go through as planned.
If that is the case, fans can expect to hear an announcement any day now. With this takeover occurring in late-April or early-May, the timing of this deal comes at a perfect time. Here are three reasons why this is the best time for new owners to take control of the club.
Unstable Top Six
One thing the 2019-20 Premier League campaign has taught us is that the top six is not as predictable and stable as it has been in previous years. Chelsea has a young squad that needs more veterans to help with their consistency, Arsenal are trying to convince their top players to stay as they search for a new identity under Mikel Arteta, and Tottenham are suffering from a lack of depth in their squad and an owner who is reluctant to spend large sums of money.
Of all the teams in the Premier League, the three London clubs mentioned above should be the most worried about the takeover of Newcastle United. With more investment and an actual project plan, Newcastle United will have the funds and organizational dynamics in place to knock on the door of the top six.
Lower Player Price Tags
COVID-19 has taken the world by storm and it has impacted the daily lives of every individual in different ways. The same can be said about the virus’ impact on businesses. A perfect example of this is how Mike Ashley initially wanted 350m for Newcastle United, but he had to settle for 300m because of how the pandemic affected the market.
Several clubs have also been forced to lower their asking price for key players that are set to be on the move this summer. Newcastle United are expected to be one of the most active clubs in the summer transfer window as they look to upgrade their squad, and the process becomes easier when owners do not have to spend as much money as they normally would.
Players to Build Around
Last, but not least, it is important to note that Newcastle United have some top talent in their squad that new owners can build around. Having players like Martin Dubravka, Jamaal Lascelles, Fabian Schar, Jonjo Shelvey, Allan Saint-Maximin and Miguel Almiron already at Newcastle United is a major boost for the incoming owners.
As mentioned in an article earlier this week, the quality of Newcastle United’s back-line enables Prince Salman and his partners to allocate more funds towards attacking players. These are exciting times on Tyneside and things will only get better from here once the takeover is formally approved.