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Newcastle United takeover 'given green light'

Newcastle takeover 'given green light'
© Reuters
The Premier League allegedly give the green light for Newcastle United to be purchased by a Saudi Arabia-based consortium.

A Saudi Arabia-based consortium has allegedly been given the green light to complete a takeover of Newcastle United.

In March, reports emerged that the group, led by Crown Prince Mohammed bin Salman, were in talks to buy the Magpies off long-time owner Mike Ashley.

However, given the much-publicised opposition, it has put the proposed deal in doubt, seemingly resulting in Roma becoming another option for the consortium.

According to The Sun, however, negotiations will soon reach a positive conclusion, with an official announcement scheduled for the start of June.

While funds are still to be transferred between the two parties, the report says that the bid has now passed the league's fit and proper persons' test.

Should a deal be confirmed, Newcastle are expected to have significant funds to spend during the next transfer window.

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TeamPWDLFAGDPTS
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2Manchester CityMan City28183768313757
3Leicester CityLeicester29165858283053
4Chelsea29146951391248
5Manchester UnitedMan Utd29129844301445
6Wolverhampton WanderersWolves29101364134743
7Sheffield UnitedSheff Utd28111073025543
8Tottenham HotspurSpurs29118104740741
9Arsenal2891364036440
10Burnley29116123440-639
11Crystal Palace29109102632-639
12Everton29107123746-937
13Newcastle UnitedNewcastle2998122541-1635
14Southampton29104153552-1734
15Brighton & Hove AlbionBrighton29611123240-829
16West Ham UnitedWest Ham2976163550-1527
17Watford2969142744-1727
18Bournemouth2976162947-1827
19Aston Villa2874173456-2225
20Norwich CityNorwich2956182552-2721

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