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Newcastle takeover imminent after Saudi consortium secured Premier League approval

Newcastle takeover imminent after Saudi consortium secured Premier League approval

Ashley Newcastle reign coming to an end as takeover receives PL approval

The waiting is seemingly over for Newcastle fans across the northeast of England and around the globe as the club are edging ever-so-close to the 14-year reign of Mike Ashley coming to an end.

A Saudi-backed consortium – involving British businesswoman Amanda Staveley – has leapt over the final hurdle needing negotiating before a purchasing of the club could go ahead.

SkySports, the Guardian, the Times, and the Telegraph are all reporting the breaking news surrounding the takeover, which is set to end a protracted tussle which lasted 18-months surrounding piracy issues in Saudi Arabia.

As a result, terms have been agreed with BeIN Sports after the Saudi government lifted a long-standing ban on the broadcast network in the country while promising to tackle the issue of piracy head on.

BeIN will now be able to broadcast Premier League, UEFA, and FIFA matches in the middle eastern nation, and that single development has left the door wide open for hated owner Mike Ashley to finally sell Newcastle for a reported figure of a little over £300million.

It is widely expected that an agreement between Ashley and the Saudi-backed consortium will be reached in as little the next 24-hours, meaning that the club can maneuver with a position of strength starting in the January transfer window but certainly next summer.

Fan expectations surrounding club takeover

No one can be surprised at the reaction seen from Newcastle supporters across social media at the news that their beloved club was nearing a realized dream of breaking away from Mike Ashley.

But with the club set to be heavily backed financially to right the ship and rekindle the club’s domestic stature, expectations of a massive and rapid spending spree have also flooded Twitter.

With the likes of Kylian Mbappé leaving Paris Saint-Germain next summer and the future of Harry Kane and Erling Haaland – among others – uncertain, expectations of the Geordies the world over enjoying a similar and immediate reversal of fortunes akin to Chelsea are also beginning to swirl.

Certainly, it should be expected that Newcastle are set to undergo a huge reinforcement plan as soon as possible to build a competitive outfit around the likes of Callum Wilson, Allan Saint-Maximin, and Joe Willock. What names are set to be linked to the club nobody knows, but the landscape is certainly about to change on Tyneside for the better.

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This article was edited by Ben Browning.

Newcastle betting odds, next game:

Leeds vs Newcastle odds: result, both teams to score, correct score & goalscorers

Leeds vs Newcastle Full time result
Leeds vs Newcastle Result/Both teams score Yes No
Leeds 13/5 3/1
Newcastle 5/1
Draw 10/3 14/1
Leeds vs Newcastle Correct Score
Leeds vs Newcastle Goalscorers First Last Anytime
Patrick Bamford21/10 21/10 11/10
Chris Wood11/4 11/4 15/8
Moreno Rodrigo3/1 3/1 7/4
Dwight Gayle10/3 10/3 11/5
Raphael Raphinha10/3 10/3 15/8

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Premier League table

# Team MP D P
1 Manchester City 22 41 56
2 Liverpool FC 21 37 45
3 Chelsea FC 22 28 43
4 West Ham United 22 11 37
5 Arsenal FC 20 8 35
6 Tottenham Hotspur 18 3 33
7 Manchester United 20 3 32
8 Wolverhampton Wanderers 20 2 31
9 Brighton & Hove Albion 20 0 28
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11 Crystal Palace 21 -1 24
12 Southampton FC 21 -8 24
13 Aston Villa 20 -5 23
14 Brentford FC 21 -9 23
15 Leeds United 20 -15 22
16 Everton FC 19 -10 19
17 Watford FC 19 -14 14
18 Norwich City 21 -35 13
19 Newcastle United 20 -23 12
20 Burnley FC 17 -11 11

Premier League 21/22

Player Team Goals
Salah, Mohamed Liverpool FC 16
Jota, Diogo Liverpool FC 10
Vardy, Jamie Leicester City 9
Antonio, Michail West Ham United 8
Dennis, Emmanuel Watford FC 8
Ronaldo, Cristiano Manchester United 8
Son, Heung Min Tottenham Hotspur 8
Smith-Rowe, Emile Arsenal FC 8
Raphinha Leeds United 8
Mane, Sadio Liverpool FC 8
Mount, Mason Chelsea FC 7
Fernandes, Bruno Manchester United 7
Gallagher, Conor Crystal Palace 7
Sterling, Raheem Manchester City 7
Maupay, Neal Brighton & Hove Albion 7
Silva, Bernardo Manchester City 7
Bowen, Jarrod West Ham United 6
Mahrez, Riyad Manchester City 6
Saka, Bukayo Arsenal FC 6
Ward Prowse, James Southampton FC 6