Newport County is set to be taken over by 33-year-old entrepreneur Nick Beddis, founder of AGS Capital.
What's happening?
The deal, worth between £5m-10m, is awaiting approval from the Independent Football Regulator. Nick Beddis, a former soldier, is poised to buy out the 52% shareholding currently owned by Huw Jenkins.
Why it matters for Newport County
Newport County has struggled under Jenkins' stewardship, finishing 22nd and 20th in the last two seasons. The club narrowly avoided relegation from League Two last season. Jenkins had previously pumped £3m into the club with seemingly little reward.
What comes next?
The remaining shareholding, including the 27% currently owned by the Supporters' Trust, will be unaffected by the prospective deal. Beddis believes the club has the potential for huge progress on and off the pitch. A pre-season tour of Miami next month is one of the first items the new regime will potentially explore. | Stat | Value | | League standing | 20th in England League Two | | Recent form | WWLWL | | Last result | Barrow 1-2 Newport County (2026-05-02) | | Points | 43 | | Record | 12W-7D-27L from 46 games |
Beddis has a strong career in Dubai real estate and private equity, and has set his sights on entering the world of football ownership. And with the deal awaiting approval, Newport County fans are eagerly anticipating the potential new era for the club. But the exact vision for the club remains to be seen. So the future of Newport County is uncertain, but one thing is clear - change is on the horizon. The club's current league position is a concern. Newport County's recent form has been inconsistent, but the win over Barrow on 2026-05-02 was a positive sign. The club's record of 12W-7D-27L from 46 games is a concern, but Beddis is confident he can turn things around.
