​The American based consortium linked with a takeover of Newcastle United look set to depart Bordeaux, amid growing tensions between the club's majority shareholders.

GACP Sports group currently hold a 13.6% stake in the Ligue 1 side, but have been recently been tipped to launch a takeover of Newcastle, with the help of former Manchester United and Chelsea chief executive Peter Kenyon.

A deal thus far, like many others regarding a proposed takeover of the Magpies, has failed to materialise, despite previous reports that ​Kenyon has concocted a four-part payment plan designed to secure takeover before the end of 2019.

Arabian Sponsorship Forum 2009

However, a deal could be hastened after reports in France suggested that all is not well behind the scenes at Bordeaux, with the group keen to pursue new investments elsewhere.

French newspaper Sud-Ouest (via ​Shields Gazette) report that chairman Joseph DaGrosa could be pushed towards the exit door by King Street, who own the majority of shares at the club. It's claimed they would be willing to buy GACP out, paving the way for a deal to take over Newcastle from Mike Ashley to be completed.

At the start of October, GACP registered two new companies - GACP Newcastle Management LLP and GACP Newcastle Partners LLP - in what looked to be the first steps in making a formal move.

Since then, there has been very little movement on the £300m deal, ​believed to be made up of an up front payment of £125m, with a further £175m to be paid over three years.


Newcastle have been on the market for some time, with a host of buyers linked to take over from the unpopular Ashley in recent years. Back in May, a flurry of reports claimed Sheikh Khaled and Bin Zayed Group were poised for a big-money takeover, sparking wide-eyed interest from Newcastle fans. 

However, talk of that deal, along with a bid from the Amanda Staveley-led PCP Capital partners group, quickly went cold, leaving Ashley to continue his ownership of the club, which dates back to 2007.

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