Newcastle United could have new owners before the end of the month, with Saudi Arabia’s Public Investment Fund set to complete a £300 million takeover.
The Premier League’s owners’ and directors’ test is the only step delaying the PIF from taking over the club from Mike Ashley, with a £17 million deposit already with the league.
Newcastle have been tipped to follow in the footsteps of Manchester City post takeover, with plenty of big players already linked with summer moves to St. James’ Park.
The likes of Philippe Coutinho and Kalidou Koulibaly are reportedly on the radar of the would-be Magpies owners, but Sky Sports journalist Keith Downie has poured cold water on the reports, claiming there won’t be such types of investments anytime soon.