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George Caulkin provides latest update on Newcastle United takeover

With every passing day the anticipation is growing that the Newcastle United takeover is close to being done.

The Mirror claimed yesterday that the Saudi consortium backed by Amanda Staveley is close to buying the club in a £300m deal.

Jason Burt of The Telegraph has claimed recently that the Newcastle United takeover is expected to be resolved this week.

As of now, all the paperwork had been submitted a deposit of £17m, which is non-refundable, was paid to Mike Ashley’s account.

George Caulkin of The Athletic, who is one of the best journalists around covering North-East football, has claimed that it has not been officially signed by the Premier League.