Newcastle United Saudi takeover completion date 'hint' as high-ranking kingdom royal piques interest in deal
Newcastle United’s £300million takeover by the Public Investment Fund of Saudi Arabia, Reuben Brothers and PCP Capital Partners could be completed by Monday – according to a report.
By Liam Kennedy
Published 26th Apr 2020, 16:45 BST
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Uruguayan outlet Salimo.uy claim United will be taken over by the Saudi-led consortium tomorrow and the club will then sign PSG forward Edinson Cavani on a free transfer. The report also claims former Spurs boss Mauricio Pochettino will come in as manager to replace Steve Bruce at the end of the 2019/20 Premier League season.
Elsewhere, Saudi Arabia's head of General Sports authority Prince Abdulaziz bin Turki Al Saud has dropped a takeover hint by following Newcastle United's official Twitter account, sending Magpies fans in to a frenzy on social media.
PIF are set to take an 80% stake in United in a post-Mike Ashley landscape on Tyneside, while Reuben Brothers and Amanda Staveley’s PCP are set for 10% stakes.