The introduction of a new Premier League constitution will not get in the way of a Newcastle United takeover. 

That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after a new owners’ charter was announced last Monday.

The full terms of the charter have not yet been defined but the Premier League claims that it will commit clubs to the “core principles” of the competition.

Football Insider revealed in April that Newcastle are quietly confident that the PIF takeover can succeed a year after it was first rejected.

Mike Ashley has now launched two separate legal cases against the Premier League regarding the blocked takeover.

The consent of two-thirds of Premier League teams’ owners is required for the league to pass structural change.

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And Maguire claims that teams will not vote against their own interests, which bodes well for a potential Newcastle takeover.

He told Football Insider correspondent Adam Williams: “In terms of future takeovers at Newcastle and elsewhere, I don’t see there being a significant issue.

“That’s because there is an element of self-interest from all of the Premier League clubs.

Newcastle United

“They don’t want to make it more difficult to be taken over because, at any one time, there are three or four clubs that are actively up for sale.

“If takeovers become more complex, that’s going to have a negative impact on price because it reduces the pool of people who could potentially take control of that club.”

In other news, Tottenham could pinch record-breaking Newcastle United wonderkid.