Rumours and gossip from St James’ Park after the official completion of the £300m takeover of Newcastle United; the January transfer window is set to open on Saturday, January 1 and close on Monday, January 31.
The Premier League confirmed the takeover in a statement, saying it had received “legally binding assurances” that the Kingdom of Saudi Arabia will not control Newcastle United.
The investment group is led by the Public Investment Fund (PIF) and also comprises of PCP Capital Partners and RB Sports & Media.
Newcastle will sack manager Bruce “within days” with the club’s new owners keen for his presence not to spoil their first game in charge (Daily Mail, October 10).
The 60-year-old is reportedly set to be removed with Bruce owed an £8m pay-off fee once his current deal is terminated by the club.
Newcastle’s Saudi-led consortium are said to be discussing the managerial post with Frank Lampard, Lucien Favre while Brendan Rodgers and Steven Gerrard are the latest names being considered for the role.