Mark Douglas provides Newcastle United takeover update

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Newcastle United supporters are hoping for a final decision on the club's takeover.

News broke over three months ago about a prospective £300million deal to buy the club, meaning that the fans have been on tenterhooks ever since.

Amanda Staveley is the figurehead of the Saudi-backed consortium who are said to be leading the charge for the club, with just one final test standing in their way.

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

While such uncertainty is hugely frustrating for everyone associated with the club, Chronicle Live's NUFC editor Mark Douglas has provided an update on where the club stand.

Writing for Chronicle Live, he said: "Today is 83 days since the NUFC takeover went into owners and directors tests.

"All sides continue to wait, just a week after Richard Masters predicted a decision would be reached "shortly".

"Preparations have been slowed on behalf of the potential new owners while Mike Ashley is "waiting".

"Meanwhile, United are in limbo.

"Lee Charnley has been told - and is telling others - it is business as usual until the deal is concluded.

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"That means matters like Matty Longstaffs contract and scouting and recruitment meetings are going on while the takeover rumbles in the background.

"It feels like a very unsatisfactory fudge..."

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.

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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.

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