The takeover of Newcastle is reportedly in the hands of the Premier League with Mike Ashley confessing to friends that a deal is “closer than it has ever been”.
Saudi Arabia’s Public Investment Fund are believed to be on the verge of completing a £300m takeover with the deal having been brokered by Amanda Staveley.
Wealthy Saudi Crown Prince Mohamed Bin Salman is backing the deal with his net worth at around £7billion, exciting Newcastle fans.
Many are aware of previous reports of failed takeovers with Ashley having been in charge of the Magpies since 2007. But in signs of progression on the current takeover, the Daily Mail claim Ashley has told friends that a takeover is “closer than it has ever been”.
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