Newcastle United could soon have new owners, with Amanda Staveley leading the talks as Saudi Arabia’s Public Investment Fund look to seal a £300 million takeover in the coming days.
PIF will acquire an 80% of the club once they become owners, with Staveley’s PCP Capital Partners taking a 10% shareholding while the remaining 10% goes to the Reuben Brothers.
A major squad overhaul is on the cards ahead of the arrival of the prospective new owners, and current boss Steve Bruce is expected to be shown the exit door.
Former Newcastle boss Rafa Benitez has been tipped to return once the takeover goes ahead, and Sky Sports’ Keith Downie has claimed it is almost inevitable to see that happening given the Spaniard’s history with Staveley.