The Newcastle United takeover process is taking a long time to reach a conclusion and quite naturally the fans are getting nervous and anxious.
A deal in the region of £300 million has been agreed between Mike Ashley and the Newcastle potential owners. The deal has been agreed, while the potential new owners have signed a contract as well.
The would-be new 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) – have done their part, and are awaiting the official confirmation from the Premier League.