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Report: Premier League verdict on Newcastle takeover is imminent

Mike Ashley has already agreed a £300m deal to sell Newcastle, and a part payment has already been made, which is non-refundable.

The potential new owners – the Public Investment Fund of Saudi Arabia, Reuben Brothers and PCP Capital Partners – are waiting for the final verdict from the Premier League.

Last week it seemed like the deal could be off after The World Trade Organisation released a report where it was stated that the Kingdom of Saudi Arabia was behind beoutQ.

However, in the past 24 hours, the authorities of Saudi Arabia have taken strong measures.