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Newcastle set for £200m cash injection as Steve Bruce lands transfer warchest
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mirror.co.ukNewcastle United will be relaunched with £200m of extra investment in players and club improvements. Mike Ashley is set to sell up in the next few days to a Saudi-funded consortium who will pay £300m to take control.
The Saudi's are ready to make a series of three-yearly injections into the Geordies to build them up into Champions League challengers.
Detailed financial plans have been submitted to the Premier League in a 350 page dossier they hope will get approval in the next fortnight.
Around £200m will be available to spend building the foundations of the club over the next few years – before further boost are provided if the club is challenging and making waves.
Read more on mirror.co.uk
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