The waiting game continues regarding the Newcastle transfer saga as we head into another month. Although there is a firm belief that the takeover will eventually take place, the wait is not only causing frustration but is creating doubts amongst the fans as well. Last month, at one point it looked like the deal would get the green signal shortly. However, Premier League chief executive, Richard Masters, has poured cold water over the excitement by saying there’s no time limit within which they have to come to a decision. A potential £300million buyout of the club, brokered by Amanda Staveley’s PCP Capital Partners but bankrolled by the Saudi Arabian Public Investment Fund, who will own 80% of the Magpies, is going through the Premier League’s Owners and Directors checks. There’s ...
Newcastle United could become one of the megarich clubs in England and in Europe if the proposed takeover goes through. A potential £300million buyout of the club, brokered by Amanda Staveley’s PCP Capital Partners but bankrolled by the Saudi Arabian Public Investment Fund, who will own 80% of the Magpies, is going through the Premier League’s Owners and Directors checks. With that, the anticipation grows about how Newcastle could fare in the transfer market. According to reports from The Athletic, Newcastle could spend in the region of £150m in the transfer market – and that’s a hell lot of money, considering how the economy has been severely impacted across the world. The Magpies have been linked with a host of top-quality players already, but one name keeps coming back – Gareth Bal...