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Report: Henry Mauriss hoping to step in after PIF loses exclusivity rights to bid for Newcastle United

According to The Telegraph, contracts signed by Saudi Arabia’s Public Investment Fund no longer give them exclusivity rights to bid for Newcastle United and current Toons owner Mike Ashley is free to negotiate with other interested parties.

That has boosted American TV mogul Henry Mauriss’ chances of beating them to the purchase of the club and he is looking to step in.

He has stepped up his attempts and has plans to give Magpies head coach Steve Bruce a chance to prove he should remain in the dugout should his group complete the takeover of the club before the start of the 2020-21 Premier League campaign.