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Newcastle's new Saudi owners 'want to make £70m Philippe Coutinho their first signing' once Mauricio Pochettino is appointed manager with Toon set to rival Chelsea for Barcelona outcast

Newcastle United 'want to make Philippe Coutinho their statement signing' once their Saudi takeover is completed and Mauricio Pochettino is installed as manager.

The £300million deal, backed by Saudi Arabia's Public Investment Fund, is awaiting the approval of the Premier League but has been held up following Qatar's broadcast piracy allegations.

Assuming the takeover goes through, Newcastle's spending power would be transformed with former Tottenham manager Pochettino seen as the man to deliver a potential title challenge.

Philippe Coutinho, currently on loan at Bayern Munich from Barcelona, is reportedly attracting interest from Newcastle United, who are set to have new Saudi owners
Coutinho's potential Newcastle switch features on the front cover of Mundo Deportivo

Coutinho's potential Newcastle switch features on the front cover of Mundo Deportivo

Ex-Tottenham manager Mauricio Pochettino is reportedly edging closer to Newcastle hotseat

And, according to Spanish newspaper Mundo Deportivo, Brazilian star Coutinho could be on his way to St James' Park as one of Newcastle's first signings.