Could Newcastle United challenge Tottenham Hotspur and Wolverhampton Wanderers among other clubs after the takeover?
The former Newcastle and Tottenham midfielder – who now works as a pundit for BBC Sport and BT Sport – believes that the potential new owners of the Magpies will want the team to challenge for the Champions League places.
According to BBC Sport, Newcastle are close to changing owners, with Mike Ashley set to sell the club.
It has been reported that financier Amanda Staveley is leading a bid which involves Saudi Arabia’s sovereign wealth fund and the Reuben Brothers.
Jenas told The Mirror: “If this wealthy consortium is coming in, they are going to spend. They are not going to be bit-part players. They are seeing Everton making moves, Wolves making moves, and thinking we want to be part of that.
“Are Spurs losing their grip on what they thought they might have? Arsenal are having a wobble. This is a great period of time to get a club and go for the top four. That is what it is all about.”
Step by step
While Newcastle fans will be excited at the prospect of potential new owners coming in and investing in the squad, they must be patient.
Amid the current economic uncertainty due to the global health crisis, not many clubs will be able to – or willing to – spend a lot of money in the summer transfer window.
There is huge potential at Newcastle, and perhaps in the coming years, the Magpies will challenge for the European places.
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