According to reports from The Chronicle, Newcastle United could be under new management within this week.
After more than two weeks, the prospective owners – Amanda Staveley’s consortium — comprising her company PCP Capital Partners (10 per cent), the billionaire Reuben brothers (10 per cent) and the 80 per cent majority stakeholding of Saudi Arabia’s Public Investment Fund (PIF) – are still waiting for Premier League’s approval for the deal to go through.
However, the Magpies are all set to enter the new era at St James’ Park.