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How to buy a football club: Newcastle are on the cusp of £300m buyout... and here's how the deal will be done, why Mike Ashley's price dropped by up to 20 PER CENT and whether BeIN Sports' complaint really could scupper the Saudis' bid

It is the news Newcastle fans have been dreaming about for years – a big-money takeover and the possible departure of Mike Ashley.

Most supporters hope a new regime might come in one day to take their club to another level. In the case of the Saudi Arabia-backed £300million takeover of Newcastle, that should be the case. A sovereign wealth fund worth around £320billion should be able to lift the fog on the Tyne.

But how does a deal actually happen? How does someone, a company or even a country go from an idea of owning a football club to actually running one?