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Former Manchester United chief wants to buy Newcastle United

Peter Kenyon, who was formerly chief executive at Manchester United, is trying to put together a consortium to buy Newcastle United.

That is according to The Daily Telegraph, who reports that Kenyon is trying to attract investors who will support his bid to buy the club off Mike Ashley, who has been trying to sell the club for more than a year.

Ashley is widely derided by Newcastle fans for his perceived lack of ambition by the club and unwillingness to spend money in the transfer market, so the news of a potential takeover will be warmly welcomed by them, especially with the team languishing in the bottom three, after Saturday’ home defeat to Leicester.

However, Ashley, who is looking for around £350 million for the club, has yet to be persuaded that Kenyon is ready to make a serious offer, after abortive talks earlier this year with Amanda Staveley of PCP Capital.

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