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Gareth Bale a 'priority' for prospective new Newcastle owners should Saudi-backed consortium be given green light by Premier League this week

Newcastle's prospective new owners have earmarked Gareth Bale as their priority summer signing as they bid to make their mark on the Premier League.

The Magpies are currently the subject of a £300million bid from a wealthy group of investors including the Saudi Arabian Public Investment Fund.

That bid has been accepted by Newcastle's current owner, Mike Ashley, but must be given the green light by the Premier League before it's rubber stamped.

The Saudi consortium believe they have the cash and strategy to persuade Bale to join club
Bale is out of favour at Madrid after coming close to leaving club for China last summer

A decision is likely to be made after a meeting by league chiefs this week and could see Newcastle handed a sizeable transfer war chest if it's approved.