The Magpies’s takeover will be officially completed on or around the 1st of June, once the transfer of funds are sorted, according to reports.
Newcastle have been waiting for the Premier League to ratify their new owners for a long while now, and at one point, some were unsure it would happen.
The club have had plenty of opposition to their current takeover bid, but it seems that it still remains on track to go through.
— The Chronicle (@ChronicleNUFC) May 22, 2020
The change of ownership will come to a relief of fans, as they will get rid of the controversial Mike Ashley, who as we know has been highly criticised by the fanbase for his antics.
He’s lacked ambition to make them a force in the league, failed to spend well in past transfer windows, and at one point saw them relegated to the Championship under Benitez, who stayed loyal, took them back up, but then left after differences.
They are immediately set to become one of the richest clubs in world football if their takeover does go through with the new owner worth £260billion.
Newcastle have already been linked with a host of high-profile managers and players, and their potential buyers have very exciting plans for the future at St. James’ Park.
In other news, Steve Bruce commented on his job at the club, and he of course hopes to keep it.
Mauricio Pochettino and Rafa Benitez are both put forward as replacements, but Bruce said: “If it’s good for Newcastle — and the club are going to try to compete with these teams — to be part of it would be great.
“I’d back myself, of course I would.”Like what the Fan Banter have on offer? Sign up for more EPL notifications!