Takeover talk is alive and well once again in Newcastle, and considering the figures that are being bandied about, you can forgive the Toon Army for getting excited.
Reports at the weekend claimed the Saudi Arabian Public Investment Fund (PiF) was moving closer to a £300m takeover of the club from Mike Ashley.
After a number of false dawns, could this finally be the moment Magpies fans have long been waiting for?
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Billionaire Ashley has often expressed his willingness to sell the club, but has yet to confirm that any talks have taken place over the latest offer.
The Saudi fund, headed by Yasir Al-Rumayyan, is rumoured to be teaming up with businesswomen Amanda Stavely, a long-time pursuer of the club. Along with the billionaire Reuben brothers, they have reportedly registered a company called NCUK Investment Limited.
Until a takeover is confirmed, it is unclear how much each party would actually put into the club. But the Saudi fund is said to manage assets worth a staggering £257bn, while the Reuben Brothers are worth £18.6bn, according to the current Sunday Times Rich List.
Just a small proportion of that considerable wealth would be enough to give Newcastle’s potential new owners the kind of riches to dwarf those of their Premier League rivals.
The top five richest Premier League owners
MAN CITY – Abu Dhabi Group / Sheikh Mansour. Net Worth £17.7bn: The 2008 takeover of City changed the face of English football, turning the previously inconsistent Blues into a footballing powerhouse. Since ending a 35-year trophy drought with an FA Cup win in 2011, the club have not looked back, claiming four league titles and an unprecedented treble in 2019.
CHELSEA – Roman Abramovich. Net Worth £9.2bn: Russian-Israeli Abramovich bought the Blues in 2003 and has overseen an era of unprecedented success at the club, including the winning of five…