Newcastle United 'submit takeover paperwork' to Premier League

Newcastle United and Saudi Arabia’s sovereign wealth fund have submitted takeover paperwork to the Premier League, according to a report.

St James's Park.
St James's Park.

The Public Investment Fund (PIF) has been in talks over a takeover of the for-sale club.

The Daily Telegraph today claimed that paperwork over a sale was submitted to the Premier League last week by the would-be buyers AND the club.

Newcastle have made no comment.