Newcastle are continuing to be pursued for a takeover attempt by the Public Investment Fund of Saudi Arabia. And while reports of a bid being lodged are premature, there is word of progress being made in the Middle East.
Many supporters at St James’ Park are hopeful unpopular owner Mike Ashley will finally be ousted on Tyneside. The North East giants still pose as an appealing club to purchase, with Steve Bruce’s team set to be a Premier League side again next season.
While the season is suspended due to the coronavirus crisis, Newcastle sit 13th in the table, eight points clear of the relegation places.
Takeover talk has dominated Newcastle for a few years now, but no deal has come close yet. The latest pursuit comes from the PiF, with