Newcastle United are said to be on the verge of having new owners, with Saudi Arabia’s Public Investment Fund set to complete a £300 million takeover.
Magpies owner Mike Ashley is finally ready to sell, and a 31-page document that confirms that the deal is progressing has already been filed at Companies House.
The English Premier League is currently carrying out its checks under its owners and directors test, and it is believed an announcement could be made before the end of the month or early May.
Newcastle fans are hoping this takeover goes through given their disappointments with several failed attempts in the past, but veteran broadcaster Richard Keys has told them not to get carried away just yet with talk of new ownership.