The former Newcastle manager does not think that it is a foregone conclusion that Saudi Arabia’s Public Investment Fund (PIF) will be successful in their bid to buy the Premier League club from current owner Mike Ashley.
According to The Mirror, PIF want to buy the Magpies in a £300 million deal.
Souness has also praised current Newcastle manager Steve Bruce for the work that he has done at the club.
The Liverpool legend wrote in The Times: “A large part of the support didn’t want him and he had to win them over. His predecessor, Rafa Benítez, had played a brand of football that was dull, but was still loved by the supporters, so Steve has done a great job in the circumstances.
“Yet will that matter if a proposed £300 million takeover of Newcastle by a consortium led by the Saudi Arabia Public Investment Fund is approved by the Premier League?
“I stress ‘if’ because I’m not convinced that a state that has failed to stop the illegal streaming of Premier League matches asking to be accepted by it is a foregone conclusion, although I’d imagine the Saudis will have had a steer before making their bid, as they don’t like to be custard-pied in public.”
Newcastle fans will hope that the takeover goes through soon, as that will mean more investment in the squad and the chance to be a competitive team in the Premier League rather than stay as an also-ran club.
Bruce has done a very good job at the Magpies, and it will be interesting to see if the prospective new owners of Newcastle decide to keep him in the role if and when the takeover goes through.
Newcastle are unlikely to get relegated to the Championship at the end of the season.