Newcastle United's takeover is expected to be approved by the Premier League, according to Guillem Balague.

Supporters of the Magpies are waiting with bated breath after news broke two months ago about a prospective £300million deal to buy the club.

Amanda Staveley is the figurehead of the Saudi-backed consortium who are said to be leading the charge for the club, but so far there’s been no news of a confirmed deal.

The club are currently waiting on a verdict from the Premier League as to whether the £300million deal can go ahead.

While it remains to be seen whether the deal will be ratified by the Premier League, Balague says that he expects the deal to go through and that the Tynesiders can start preparing for an exciting new era.

Speaking on his YouTube channel, Balague said: "We know that the new Newcastle, when everything gets confirmed – and everybody expects it to be confirmed, to be honest, from what I’m reading, from what I’m hearing, from what I’ve been asking.

“The consensus seems to be that the Premier League will accept the bid, and if that’s the case, then obviously Newcastle will enter a new era.”

GIVEMESPORT'S Phil Spencer says...

While patience is obviously key during such uncertain times, you can hardly blame the Newcastle United fans for growing restless.

For many, a potential announcement of a full takeover is exactly what they’ve been wishing for several years while enduring a turbulent reign under Mike Ashley.

The Sports Direct owner has been a hugely unpopular figure on Tyneside, and that’s why talk of interest from the Saudi-based consortium is such a hot topic of conversation.

But Newcastle fans must still be cautious.

If anyone knows what it’s like to see their club owned by an unpopular figure, it’s Newcastle United fans.

That’s why they must remain patient – after all, the last thing they want is to jump out of the frying pan and into the fire.