Newcastle are set to enjoy a huge cash injection of £200m which could be spent on transfers among other investments. Mike Ashley has confessed to close pals that a sale of the club is on the verge of being complete.
Saudi Arabia’s Public Investment Fund are believed to be close to completing a £300m takeover with the deal having been brokered by Amanda Staveley.
Crown Prince Mohamed Bin Salman is behind the deal and is reported to worth around £7billion. It has left Newcastle fans fluttering with excitement, who were happy to just see Ashley on his way out.
The retail tycoon was never a popular figure during his years at St. James’ Park. If it were not for the coronavirus crisis, there could easily be street parties in the city of