This is what the Newcastle United takeover means for Lee Charnley

Lee Charnley will be asked to stay on, for now, if the proposed takeover of Newcastle United is approved by the Premier League, according to a report.

Amanda Staveley, backed by Saudi Arabia’s Public Investment Fund and billionaire property investors David and Simon Reuben, has agreed a £300million for the club.

Staveley and her backers plan major changes at St James’s Park if the deal is given the go-ahead.

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However, The Athletic report that Charnley, United’s managing director, will be asked to remain in his post, for the time being, “to coordinate the handover” and also liaise with the Premier League and other authorities over the coronavirus pandemic which has led to the indefinite suspension of football.

It’s claimed that some form of continuity is seen as “vital” by the prospective owners, who will make a decision on the future of head coach Steve Bruce at the end of the season.

Mike Ashley and Lee Charnley.Mike Ashley and Lee Charnley.
Mike Ashley and Lee Charnley.