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.