Register Login Scores

English Premier League

Reports: Billionaire Close To EPL Club Takeover

One of the Premier League's most historical clubs is close to being bought over by a billionaire and his business partners for £300 million, a move that could make the team a force to be reckoned with once again.

The Highest-Paid Players In Football History

According to the Daily Express, Newcastle United owner Mike Ashley is close to selling the club for £300 million (R7 billion) to Saudi Crown Prince Mohammed bin Salman, Amanda Staveley and the Reuben Brothers.

Fans of the Magpies have, for a long time, been frustrated with Ashley and the general running of the club and most, if not all, are believed to welcome these takeover talks.

Reports in England suggest that discussions have sped up in recent days, with it being claimed a 31-page charge agreement has been lodged, which lays the groundwork for a deal to be completed.

Click through the gallery below to see the 10 richest billionaire owners of football clubs!

It is also reported that the Premier League have been informed of the potential deal, and have started the process of carrying out the necessary checks under its owners and directors test.

Staveley, a British businesswoman who is known to have connections with Middle Eastern investors, first tried to buy Newcastle in 2018, but could now be nearing her desired 10% stake in the club.

Reports: Juventus Make Big Decision On Ronaldo

Having formed in 1892, Newcastle is one of the oldest sides in Premier League history, but have not won a league title since 1927, finishing as runners-up in both the 1995/96 and 1996/97 campaigns.

Are you excited to see where economic power could take Newcastle United if the deal is concluded? Let us know in the comments section below.

2 comments

Top 5

Chiefs 10 Youngest Goalscorers Revealed!

17 Aug 11, 2022 10:59 AM in Kaizer Chiefs

Tuchel & Conte Speak After Scuffles In London Derby

Aug 15, 2022 10:26 AM in English Premier League

Why Pirates Captain Was Substituted...

21 Aug 11, 2022 10:15 AM in Orlando Pirates

Official: 2022 Ballon d'Or Nominees Announced

8 Aug 12, 2022 08:38 PM in Ballon d’Or

Rulani: Vila Contributed To Downs’ Downfall

88 Aug 11, 2022 07:35 AM in Mamelodi Sundowns

Chiefs 10 Youngest Goalscorers Revealed!

17 Aug 11, 2022 10:59 AM in Kaizer Chiefs

Inside Amakhosi's Preparations For Crunch Downs Encounter

123 Aug 11, 2022 06:59 PM in Kaizer Chiefs

Official: 2022 Ballon d'Or Nominees Announced

8 Aug 12, 2022 08:38 PM in Ballon d’Or

OFFICIAL: Yaya Toure Lands Coaching Job With EPL Club

4 Aug 13, 2022 08:26 AM in English Premier League

Why Chiefs Target Fits Amakhosi's Immediate Criteria…

31 Aug 10, 2022 08:56 AM in Kaizer Chiefs

Official: Motsepe Launches CAF African Super League

14 Aug 10, 2022 02:30 PM in African Football

Downs & CT City CAF CL Opponents Revealed

39 Aug 09, 2022 05:24 PM in CAF Champions League

Ten Hag Explains Benni Appointment

10 Aug 01, 2022 10:20 AM in English Premier League

Reunion On The Cards For Top Keeper?

1 Aug 10, 2022 05:09 PM in Siyagobhoza