Newcastle United are on the verge of a £300 million takeover after owner Mike Ashley agreed to sell the club to Saudi Arabia’s Public Investment Funds, and fans can’t wait to see the back of the billionaire businessman who has been in charge since 2007.
The English Premier League is currently carrying out its checks under its owners and directors test after a 31-page document filed at Companies House confirmed that the deal is progressing.
It’s the final step before a takeover can go through, and The Athletic’s David Ornstein has shared his major concerns about it.