Newcastle United’s takeover will be officially completed on June 1st, according to The Sun.
Newcastle have been waiting for the Premier League to ratify their new owners for some time now, in what has been a nervous wait.
The Magpies have seen plenty of opposition to their current takeover bid, but it seems that it still remains on track to go through.
That will be a relief to Newcastle supporters who are desperate to see a change of ownership.
Newcastle fans have been highly critical of Mike Ashley during his time in charge, and have suggested he lacked the ambition to make them a force.
The Tynesiders are immediately set to become one of the richest clubs in world football if their takeover does go through.
Newcastle have already been linked with a host of high-profile managers and players, and their potential buyers appear to have very exciting plans for the future at St. James’ Park.
Receive exclusive football transfer news and updates twice a week to your mailbox
