Terence Loh, who allegedly tried to complete a takeover of Newcastle last year, has been declared bankrupt according to a report.
2020 was a wild time for the never-ending Newcastle takeover saga, with not just Amanda Staveley seemingly trying to complete a deal.
In April last year, PCP Capital Partners agreed a deal to buy the club from Mike Ashley.
However, complications emerged when the wannabe owners were subjected to the Premier Leagues Owners and Directors test.
As cracks appeared to be forming, a new name entered the picture in June 2020 Henry Mauriss.
It was reported by the Guardian that the American businessman was launching a rival bid, and he too had the cash to take the club off…
Read the full article at: https://www.geordiebootboys.com/news/terence-loh-newcastle-takeover-bankrupt/