GB News: Mark Dolan shuts down Newcastle takeover critics
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Newcastle are already being tipped to replace Steve Bruce in the near future while the January window will present their new billionaire owners to splash some cash on big-money transfers – but there is a more pressing appointment needed at St James’ Park. Newcastle fans are still rejoicing after news last week broke that the Saudi-led Public Investment Fund (PIF) had completed the takeover from Mike Ashley.
Newcastle now become the richest club in world football by some margin with their Saudi Arabian owners worth a staggering £320billion.
Saudi’s Crown Prince Mohammed Bin Salman’s PIF own an 80 per cent stake in the club with Amanda Staveley and the Reuben brothers taking the remaining 20.
The financial power now behind Newcastle will give them a huge boost in achieving their long-term goals.
Staveley has already made it clear that they want Newcastle to be challenging for the Premier League within the next decade.
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In order for Newcastle to get to that point, money will need to be invested in their current playing squad.
Bruce may also be replaced by a manager more experienced at challenging towards the top of the table.
There is still two months until the January transfer window opens though, giving the club time to focus on targets.
A new manager could come in long before that though with reports indicating that Newcastle are holding talks this week.
However, bringing in an experienced director of football capable of leading operations behind the scenes may well be the first point of call for the new owners.
The top-class manager Newcastle have seemingly set their sights on will undoubtedly want a strong structure in place before taking charge.
Gone are the days of managers taking full control of transfer business with clubs now bringing in people capable of taking charge of those affairs with input from head coaches.
The Telegraph claim that Ralf Rangnick is among a number of candidates to take up the new position.
The 63-year-old has earned a strong reputation from his work at Hoffenheim and RB Leipzig and is currently on a big contract at Lokomotiv Moscow.
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But it seems as though Newcastle’s options remain open for now and it is a position they want to fill.
It’s been suggested that Newcastle will have around £200million to spend when the transfer window reopens, with no potential risk of breaking Financial Fair Play regulations.
That kind of money could easily be wasted if a strong structure isn’t put in place though and that starts with hiring a director of football.
The appointment may well go hand-in-hand with a replacement for Bruce, should Newcastle’s owners make a change in the dugout.
Now the hard work begins for Newcastle’s new owners in finding the right person for the job.
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