And if the Saudi-backed takeover were to go through, where exactly what that place the Magpies in the list of the world’s richest sports teams? We took a look using the famed Forbes rich list.
Scroll down and click through the pages to take a look at where Newcastle United could rank in the world of sports.
1. TERRENCE PEGULA
Terrence Pegula owns the Buffalo Bills (American football) and the Buffalo Sabers (ice hockey). Estimated worth £4 billion. | Getty Images Photo: Justin Berl
2. MICKY ARISON
Micky Arison owns the Miami Heat (basketball). Estimated worth £4.1 billion. | Getty Images Photo: Mike Ehrmann
3. TOM GORES
Tom Gores owns the Detroit Pistons (basketball). Estimated worth £4.6 billion. | Getty Images Photo: Gregory Shamus
4. DANIEL GILBERT
Daniel Gilbert owns the Cleveland Cavaliers (basketball). Estimated worth £5.2 billion. | Getty Images Photo: Nicholas Hunt