Newcastle United fans are rightfully cautious about the news surrounding the latest attempt by Magpies owner Mike Ashley to sell the club, but they may be buoyed by a Thursday morning report claiming that a deal has been agreed 'in principle' to sell the Tyneside outfit.
While there are rumours of 'several parties' being interested in Newcastle, ex-Manchester United and Chelsea executive has been touted as the clear frontrunner to secure a deal.
And a report from the Northern Echo now claims that Kenyon's consortium, working with Rockefeller Capital Management in the United States, has 'agreed a deal in principle' with Ashley for £300m to be paid in staggered amounts.