Newcastle's prospective new owners will go after a big-name manager with Massimiliano Allegri and Mauricio Pochettino among their preferred candidates and Edinson Cavani a transfer target, sources have told ESPN.
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Paperwork is being finalised for the sale after an agreement was found on Monday between Mike Ashley and PCP Capital Partners, the Saudi-backed consortium.
Despite reports suggesting Steve Bruce will have time to prove himself, sources have told ESPN the owners want a more high-profile name for next season, with four leading contenders: Pochettino, Allegri, Rafael Benitez and Lucien Favre.