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Luke Edwards provides latest update on Newcastle United takeover

If you’re following the Newcastle United takeover saga closely, you’ll get the vibe that it is close to being done.

Newcastle United fans are waiting anxiously for the official confirmation, while journalists close to the club are pretty confident that the potential new owners will get the official thumbs-up from the Premier League to complete the deal.

Mike Ashley has finally agreed to sell the club to the Saudi investors led by Staveley for a fee of £300 million, a drop-down of £40m from his initial valuation.

The Chronicle reported earlier this week that Newcastle United fans will have their say on the £300m Saudi Arabia-funded takeover next week.