Former Chelsea and Manchester united chief executive Peter Kenyon freshly bid for Newcastle united.

Kenyon has been keen on buying this club since last year but failed as part of a consortium. He launched a fresh bid willing to buy the club for £300million with his new investment fund GACP sports.

Kenyon spent six years each in both Chelsea and Manchester united as the chief executive.

The bid will see GACP pay the £300million in installment for three years. Mike Ashley the current owner of Newcastle United has seen over two bids collapsed in past years but Kenyon is keen on it.

Ashley bought the club 12 years ago and will only sell it off for £350million. It is widely known of Newcastle United fans to hate the current owner and will also want a new owner.

 

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