The saga has rumbled on for quite some time now, and is set to go through an arbitration process that will once and for all decide whether Mike Ashley is given the green light to sell up and leave St James’ Park.
Helping to front the bid is Amanda Staveley, and she has been talking about her plans for the Magpies.
If a successful legal challenge results in the takeover being approved, Staveley and co are ready to invest heavily into the Magpies and the region.
She told ITV Tyne Tees: “I believed wholeheartedly then, and I do now, that the right investor and only investor for Newcastle alongside the Reubens are the Public Investment Fund.
"They’re tenacious, (got) deep pockets and committed.
“We’re going to invest heavily into not only players but the academy, the grounds, the infrastructure and the surrounding areas.
"Every single part of the club will be looked at and developed. We will make sure the fans are a part of the decisions we make.”
On the arbitration process, which she has pleaded is made public, Staveley added: "I can’t talk about the actual arbitration process as I’m not privy to it but I can tell you all of the questions the Premier League presented to us were absolutely answered in an incredibly quick and timely manner.”
We’ve gathered the best of today’s Premier League speculation below...

5. Arsenal still want White
Arsenal are still “hopeful” of being able to conclude a deal to sign Brighton and Hove Albion defender Ben White this summer. (Sky Sports) (Photo by Lee Smith - Pool/Getty Images) Photo: Pool

6. Agbonlahor urges Whites to sign Madueke
Ex-footballer Gabby Agbonlahor has urged Leeds to sign PSV Eindhoven winger Noni Madueke. The £20m-rated ace has been heavily linked with the ace, and pundit Agbonlahor has claimed the wonderkid would provide serious competition for the club's current crop of wingers. (Football Insider) (Photo by PIETER STAM DE JONGE/ANP/AFP via Getty Images) Photo: PIETER STAM DE JONGE

7. Leeds close in on McGurk
Leeds United are in talks with Wigan over a compensation settlement for out-of-contract midfielder Sean McGurk. (Mirror) (Photo by Charlotte Tattersall/Getty Images) Photo: Charlotte Tattersall

8. Toon keen on Hughes
Newcastle United are interested in signing Will Hughes from Watford as they continue their search for a new midfielder. (The Sun) (Photo by Richard Heathcote/Getty Images) Photo: Richard Heathcote

