Sources: Brokers work on two mega-money deals to suggest Newcastle takeover all but done
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Sources: Brokers work on two mega-money deals to suggest Newcastle takeover all but done

Wayne Veysey
Wayne Veysey

Founder & Managing Director AUTHORITY Former chief correspondent at Evening Standard, Goal and Press Association with nearly three decades in national, regional and digital news and sports journalism. Wayne directs the network’s news strategy and high-level operations. FOCUS Editorial direction for the 11-site network and newsroom management. THE BRIEF Wayne oversees the network’s editorial standards across the network. He provides the final sign-off on all headline scoops, ensuring content across all platforms meets the standards required for a high-velocity newsroom.

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Brokers working for the Newcastle United prospective new owners are working on sourcing a new manager and director of football - and money is no object.

The Magpies source has told Football Insider that the Saudi Arabia-backed PCP Partners have instructed intermediaries to hire proven performers at the top of their game.

They have let it be known they are willing to hand Mauricio Pochettino a jawdropping £20million-a-year contract and are also ready to invest huge sums in recruiting a top-notch sporting director.

A report in the reliable L'Equipe newspaper claims  Lille’s sporting director Luis Campos has turned down an astronomical offer from Newcastle.

The ambitious moves suggest growing confidence among the Amanda Staveley-led consortium the takeover is all but done.

As reported by Football Insider on Monday, the Premier League are close to signing off the deal for the Saudi consortium to buy Newcastle.

That represents the final hurdle to the £300million takeover that has the backing of Saudi Arabian crown prince Mohammed bin Salman.

Staveley has a clear plan to recruit a new manager and director of football before making serious summer transfer moves.

It is not yet clear when the transfer market will open for business amid the uncertainty over the completion of the Premier League season.

But the expected Newcastle owners are making moves to be ready to get deals over the line at the earliest opportunity amid what promises to be massive change at the club.

In other Newcastle United news, the Magpies have been tipped to be without a star player for the rest of the season.

Newcastle United
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