According to The Athletic’s George Caulkin, the English Premier League could complete its Owners’ and Directors’ test on would-be Newcastle United owners today, with the official announcement of a takeover a week or a few days away.
Saudi Arabia’s Public Investment Fund, PCP Capital Partners and the Reuben Brothers are all involved in a £300 million move to buy the club, with a non-refundable £17 million already deposited with Magpies owner Mike Ashley.
The £283 million balance will be paid once the documents have been signed off, and Caulkin believes that could be done within a week.