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PRIVACY

Inside Newcastle's Saudi takeover: Mike Ashley gone, Steve Bruce sacked and finally hope

After 18 agonising months, Mike Ashley is on the verge of selling Newcastle United to a Saudi-backed consortium prepared to invest up to £250million in the club

"We need clarity on that" Steve Bruce on Newcastle United takeover

Steve Bruce will be removed as manager, up to £250million invested in players and infrastructure and, most importantly, Newcastle United fans would have hope again.

For 18 months the stakes at play in the protracted, tormenting, and at times bitter Newcastle United takeover saga, have been as high as they come for disillusioned Toon Army.

The vast majority were pro the Saudi takeover all along, believing fresh investment, fresh ambition and a serious plan to rekindle the mid-90s glory days were on the table from the Amanda Staveley-led consortium.

But piracy, human rights issues and commercial blockages in the Gulf became the talk of Tyneside pubs, alongside the decline of a giant that has become a Premier League also-ran irrelevance, under cut-price owner Mike Ashley.

Steve Bruce will face the sack if the takeover goes through

Most had lost hope of a compromise deal being done.

But on Wednesday the Saudis saw sense. Their court ban on £400million Premier League broadcaster beIN Sports, bizarrely renewed in the summer of 2020, as they were trying to get the takeover passed, has been dropped.

Gulf state diplomacy and a thawing of fraught political relationships 4,000 miles away in the desert and oil-rich cities, could change the course of a club in the North East of England.

Boss Bruce is well aware he could become the first casualty of a swift takeover. He expected not to return after the first lockdown when an imminent deal was being talked up.