- The long-awaited £305 million Saudi takeover of Newcastle is now complete
- The deal was announced on Thursday, ending Mike Ashley’s 14-year reign at the club
- Chairman Yasser al-Rumayyan insists they will build on ‘long-term success’
- Philippe Coutinho could be the first signing of an era of new owners in January
- Coutinho signed for Barca in 2018 but his Nou Camp career never really took off
Newcastle United could be eyeing a move for Barcelona’s Philippe Coutinho after the Magpies’ Saudi-acquisition, with there already being said to be contacts between the player and the new owners.
Newcastle The new Saudis are in ownership after a deal worth £305 million was agreed with Mike Ashley and signed by the Premier League on Thursday.
Following a Saudi-backed takeover led by Crown Prince Mohammed bin Salman, the club’s new president – Yasser al-Rumayun – wrote a letter in which he spoke of his ambitions and promised to deliver a team that fans can be proud of. .
Philippe Coutinho could be the first signing of Newcastle’s new ownership in January
Fans gather outside St James’s Park to celebrate as Saudi-acquisition confirmed
Financial analysts calculated that the Magpies would be able to spend over £200m to strengthen their squad over the next three years, without violating the Financial Fair Play rules.
And they appear ready to cement their ambitions and kickstart their spending spree with the signing of Barcelona’s Flop Coutinho.
It is said to have already been contacted by envoys from the Brazilian Public Investment Fund (PIF) this summer, but according to Spanish news outlets, no progress has been made on the deal after the club’s sale stalled. Play.
Newcastle is set to become one of the richest clubs in world football following a takeover led by Crown Prince Mohammed bin Salman.
But with Newcastle officially owned by the Saudis, the 29-year-old is reportedly one of the priority names on the table ahead of the January transfer window.
The new owners are clear they will have to turn Newcastle’s fortunes around as the club are currently sitting last at the table, facing another relegation battle.
The Saudi-owned is looking to bring in world-class players and big names with hopes of challenging it to a title in the long-term future.
Newcastle president Yasser Al-Rumayyan has written a letter to supporters following the club’s takeover by the Saudi-based consortium
Coutinho signed for Blaugrana in 2018 for a fee that could rise to £142 million but flopped at the Nou Camp.
He has played just 96 matches for Barcelona and spent one season on loan at Bayern Munich.
The Catalan heavyweight is desperate to ease financial sanctions and relocating Coutinho, who is believed to make £200,000 a week, would greatly improve his situation when he revealed he had raised an astronomical £1.15bn. loan has been deposited.
Coutinho’s future was questioned this summer and has been linked with a move away from the Nou Camp, even with the Catalans offering him a loan deal to Premier League sides.
The Brazilian signed for Barcelona in 2018 but his career at Nou Camp flopped
Barcelona were looking to land the Brazilian in a swap deal with Arsenal that would see Gunners captain Pierre-Emerick Aubameyang arrive at the Nou Camp, according to reports sky game.
Whereas, Lazio were also reported to be interested in a loan move for Coutinho, with the option to buy him permanently for £25 million thereafter.
But the Brazilian remained in the Nou camp to avoid another season at Blaugrana.