It’s been over well over a year since PCP Partners, the Public Investment Fund of Saudi Arabia and the Reuben brothers agreed to buy the Magpies for £300million before the EPL refused to approve the deal.
But this takeover speculation started well before the Saudi-bid when Ashley again put the club up for sale in October 2017.
From the first beginnings to the very latest – scroll and click through the pages to see our takeover timeline:
21. Saturday, January 25 - It's ON, again!
Amanda Staveley is reportedly on the scene again, this time with PIF, the Saudi royals' investment portfolio. A deal of around £340million is reported in the Wall Street Journal. This one seems to have legs this time (we have all heard that before, I know). Photo: PAUL ELLIS
22. Saturday, January 25 - And he's not alone
Saudi Crown Prince Mohammed bin Salman is reportedly joined by billionaire London property tycoons the Reuben brothers in a deal for United, brokered by Amanda Staveley. Photo: Dan Kitwood
23. Sunday, January 26 - Could this man be back?
Former Newcastle United boss Rafa Benitez is reportedly favoured as manager under the Saudi regime. Photo: Samuel de Roman
24. Tuesday, January 28 - TWO more enter the fray
Two more interested parties remain locked in negotiations with Newcastle United owner Mike Ashley, according to PA. We've all been down this road before... Photo: Pool