Soccerlens.com · Apr 17, 2020
Report: Steve Bruce will remain as Newcastle United manager
Newcastle United could enter a new era within the next few months with Mike Ashley most likely to sell the club after decades of being in charge.
A deal worth £300m would seal the fate of this iconic club.
According to reports from The Independent, the £300m takeover of Newcastle United is expected to be fully completed by the end of April.
All the necessary paperwork have been lodged which means that a consortium – backed by Saudi Arabia’s Public Investment Fund – could be in place well before the start of the new season.
What the change in ownership means for the club?
The Public Investment Fund of Saudi Arabia has a total estimated assets of £256billion.