Mike Ashley’s time as Newcastle owner could finally be coming to an end with a £300million takeover now closer than it has ever been.
Amanda Staveley's PCP Capital Partners is leading a bid which involves Saudi Arabia's sovereign wealth fund and the Reuben Brothers.
Daily Star Sport understands they are in advanced talks over buying the Premier League club with a 31-page charge agreement lodged at Companies House highlighting the legal groundwork for a potential deal to be completed.
It is believed Saudi Arabia’s Public Investment Fund (PIF) will take an 80 per cent stake, while UK-based property developers Reuben Brothers and Staveley will get 10 per cent stakes each.