Newcastle owner Mike Ashley is in talks to sell the club to the Saudi Arabia sovereign-wealth fund, according to a report. Ashley put Newcastle up for sale in 2017 but has not yet found a fitting investor. According to the Wall Street Journal, a Saudi Arabian consortium are considering a £340m offer to buy Newcastle. Saudi Arabia Vision 2030 is a plan from the country to reduce its dependence on oil and diversify the economy through developing other public sectors. JUST IN: Tottenham open Gareth Bale transfer talks as Jose Mourinho demands three deals - EXCLUSIVE

Source: Express January 26, 2020 11:48 UTC