The long-awaited takeover of Newcastle has been labelled 'just a matter of time' but former Liverpool defender Jamie Carragher has warned that the club must manage their expectations.
A group of investors led by Amanda Staveley, backed by
Staveley previously failed with a takeover bid for Newcastle that was launched in 2017 but this current attempt has been progressing well as the consortium have already filed the legal paperwork.
In what will be joyous news to the ears of Newcastle fans up and down the land, it appears as if this takeover really is the real deal - with Sky Sports pundit Jamie Redknapp, who knows the Reuben family that stand to own 10% of the club, among those to acknowledge that a deal is close to being tied up.
"However, from what I can gather, it's just a matter of time. They will invest, they want to buy big players and take Newcastle back to where they should be again.
Staveley was involved in Sheikh Mansour's takeover of Manchester City in 2009 which saw the club win the Premier League title after three seasons of investment.
However, former Liverpool teammate Carragher has warned that immediate success is not an inevitability and remains cautious about Newcastle's chances of consistently challenging for European football.
On the same programme Carragher explained: "
🗣️ "You want to back the players, you want to back the manager...But you almost don't want to back @NUFC because of the man upstairs."@benhainess spoke with @RoobensteinHD about how important the #NewcastleTakeover would be for the fans! 🙌 pic.twitter.com/DwzrlGSdl7— 90min (@90min_Football) April 15, 2020
"It's going to be very difficult to get Newcastle back to where they belong in terms of challenging for a league title. I don't see that but in terms of maybe challenging for European places, trying to get into the top six, it's not easy."
The potential future major shareholders of Newcastle would be one of the richest in the Premier League, but it is perhaps wise to remain cautious until all parties have signed on the dotted line.
Source : 90min