Soccerlens.com · Apr 29, 2020
Report: Newcastle United takeover could be completed within the next 48 hours
The Guardian reported yesterday that the £300 million takeover of Newcastle United is expected to be completed within the next seven to ten days.
However, it seems that the Premier League is likely to give their thumbs up for the deal to go ahead this week.
According to reports from The Shields Gazzette, the Magpies could be under the new ownership by the end of this week, while the formal announcement could be made as early as tomorrow.
Financier Amanda Staveley, backed by Saudi Arabia’s Public Investment Fund and the billionaire property investors David and Simon Reuben, have already agreed to a £300 million deal to buy Newcastle.