Newcastle £300m takeover could be 'agreed in 24 hours with Premier League approval'

Governor of the Saudi Public Investment Fund, Yasir Al-Rumayyan, will become the club’s chairman with royal backing.

The Crown Prince of Saudi Arabia, Mohammed bin Salman, is a key figure in the bid, with the Saudi consortium owning 80 per cent of Newcastle United Football Club in total.

British businesswoman Amanda Staveley and the Reuben brothers will also own 10 per cent of the Magpies each.

There is a feeling that developments will become apparent in the coming days, if not hours, in what is an exciting time to be a Newcastle supporter.

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