Newcastle on Verge of Takeover by Major Capital, Pochettino Mentioned as New Manager

Former Tottenham manager Pochettino has been shortlisted as a new managerial candidate for Newcastle. Photo by Tottenham SNS

[Asia Economy Intern Reporter Min Jun-young] Newcastle United (Newcastle), which is on the verge of a massive capital acquisition, is set to begin a full-scale search for a new manager.

On the 21st, the British media outlet Daily Mail reported, "Newcastle is considering Mauricio Pochettino and Massimiliano Allegri as candidates for the new manager."

Newcastle is aiming for a leap forward based on the acquisition by the Saudi royal family. The paperwork was completed last Monday, and the acquisition will be finalized once the details are settled.

Of the reported sale price of 300 million pounds (450 billion KRW), 80% will be borne by the Saudi Public Investment Fund (PIF), and the remaining 20% will be split equally between the British top five billionaires, the Ruben brothers, and female investor Amanda Staveley, each taking 10%.

The PIF, led by Saudi Crown Prince Mohammed bin Salman Al Saud, has assets worth 260 billion pounds (approximately 396 trillion KRW), reportedly about ten times more than Manchester City owner Mansour.

Additionally, Newcastle is expected to enter the bidding war for star players.

On the 22nd (Korean time), the American sports network ESPN reported, "Newcastle is targeting Edinson Cavani, who is set to part ways with Paris Saint-Germain, and Dries Mertens of Napoli," adding, "Willian is also another target, but the club is determined to sign at least one of the three."

This content was produced with the assistance of AI translation services.