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Newcastle new owners plan to ‘exploit’ post-coronavirus transfer market after £300m takeover, reveals Redknapp


JAMIE REDKNAPP reckons his pal Jamie Reuben will be perfect for Newcastle – and will help the club “take advantage of the coronavirus crunch” in the transfer market.

Mega-rich Reuben – who will quit his job as QPR director – will join the Toon board with a ten per cent stake when the £300million Saudi takeover is completed.


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 Redknapp reckons Jamie Reuben, left, will help Newcastle take advantage of the post-coronavirus transfer market

Redknapp reckons Jamie Reuben, left, will help Newcastle take advantage of the post-coronavirus transfer market

His mate Redknapp revealed the deal is almost done and said: “Jamie is a football fanatic, he loves his football.

“Every time you speak with him he wants to know about players. His knowledge is very good and they are going to be looking at trying to get different players.”

And Redknapp reckons the Geordies’ new billionaire owners are ready to take advantage of the coronavirus crunch and expected dip in players’ wages and transfer fees to take the Toon back to the top.

Redknapp said: “I know they are trying to find out what the market will be like because the landscape is going to change from what it was like when they initially started drawing up the contracts to buy Newcastle.

“Players and wages are probably now going to be a little bit cheaper. There is a bit of fear in the market.

“So with Newcastle having new owners – and it feels wrong to say it – but in these situations people will always exploit an opportunity and they might with the money they have got.

“They have got huge backers and they are financially well-off themselves.

“So this might be the perfect situation for Newcastle. It could be a really nice time for the fans because they have had a lot of pain these past few years.

“I think this is going to be great news for Newcastle fans. They will invest, they want to buy big players and get Newcastle back to where they belong.

“They’re as close as ever. It’s a brilliant opportunity for them. It’s without doubt a sleeping giant so fingers crossed.”

GET IT DONE

The takeover papers are already believed to have been lodged with the Premier League – with many Newcastle fans hoping it will spell the end of current owner Mike Ashley.

Redknapp, speaking on Sky Sports’ The Football Show, said: “I will be surprised if it doesn’t get done.

“It’s just the sensitivity of what is happening in the world right now why it hasn’t got across the line.

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“This has been ongoing for about a year but it is as close as ever.

“They are not going to all of a sudden jump into the top four. That’s not going to happen. It’s not feasible.

“But it will be a lot more of a positive place and the Reuben family is very close to getting this done.”

Mike Ashley agrees knockdown £300m deal with Saudi consortium to finally sell Newcastle


Source: Soccer - thesun.co.uk


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