Newcastle at the subject of a late takeover bid from US media mogul Henry Mauriss. The Californian businessman is ready to buy the Magpies for £350million if their Saudi takeover falls through in a deal being brokered by convicted fraudster Chris Ronnie.
According to the Mirror, Mauriss has been inspired by Liverpool's transformation under fellow American's John W Henry and Tom Werner and is planning a similar transformation at St James' Park.
A source told the Mirror: “He has studied the way his fellow countrymen Werner and Henry have successfully rejuvenated Liverpool and made them one of the world’s dominant forces.” “There is the promise of significant investment not only in the squad but also the club’s academy.