According to reports from the Daily Star, Mike Ashley is already planning to buy an EFL club.
The would-be Newcastle United owners – Amanda Staveley’s consortium — comprising her company PCP Capital Partners (10 per cent), the billionaire Reuben brothers (10 per cent) and the 80 per cent majority stakeholding of Saudi Arabia’s Public Investment Fund (PIF) – are currently waiting for Premier League’s approval for the £300 million takeover to go through.
It has been claimed that the Staveley group are confident of the takeover. It could take up to three to four weeks to get the final verdict from the Premier League.