Saudi takeover plans for Newcastle on track
Mike Ashley’s plans to sell Newcastle United remain on track.
The Chronicle says the Magpies are continuing to be pursued for a takeover attempt by the Public Investment Fund of Saudi Arabia.
And while reports of a bid being lodged are premature, there is word of progress being made in the Middle East.
Many supporters at St James’ Park are hopeful unpopular owner Ashley will finally be ousted on Tyneside.
The takeover bid from the PiF has progressed quite far.
In the Middle East, word is said to be spreading of the potential move to buy Newcastle.
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The positive update will leave fans further optimistic of Ashley being bought out.