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George Caulkin explains why would-be Newcastle owners are confident about the takeover

George Caulkin of the Athletic has once again reiterated that the would-be owners are confident that the deal will go through.

The potential new owners – the Public Investment Fund of Saudi Arabia, Reuben Brothers and PCP Capital Partners – have already agreed a £300m deal with Mike Ashley and has paid a part-payment in the region of £17m which is non-refundable.

The World Trade Organisation has released a report yesterday that could have a major impact on the Newcastle United takeover process.

The 125-page World Trade Organisation (WTO) report states that the Kingdom of Saudi Arabia was behind beoutQ – a pirate satellite TV and streaming service that illegally broadcast sporting events.