Newcastle United’s takeover appears to be on the verge of completion, at long last – if former Sunday Mirror chief writer Paul Smith is to be believed.Earlier this afternoon, he tweeted that the deal was “very close” to being signed off by the Premier League following a forensic investigation into Saudi piracy allegations.Smith further states that no evidence had been found to support such a claim and thus Mike Ashley’s £300m sale of the northeast outfit cannot be blocked.
In a following tweet, the Mirror scribe goes on to explain why the process has taken a little longer than expected, believing it is to ensure that the top-flight big wigs have done a thorough enough job in investigating the consortium.
It means after a very long month or so, the group – 80% from Saudi Arabia’s public investment fund, 10% from Amanda Staveley and 10% from the Reuben brothers – will be able to begin a new era at St James’ Park in the very near future.
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The BBC put a price tag of £300m on the deal last month.
AND in other news,ÂNewcastle fans fume over “significant” takeover obstacle…