Former Liverpool managing director Ian Ayre is the favourite to become Newcastle United’s chief executive once their takeover is complete, after ex-Magpies chairman Chris Mort turned down the role.
Newcastle are currently in the midst of a potential £300m takeover from a consortium led by Magpies fan Amanda Staveley.
The takeover is financed by the Crown Prince of Saudi Arabia,
Yasir Al-Rumayyan, who runs the PIF, is expected to be installed as chairman while Staveley, her husband
Chris Mort, who was chairman at Newcastle between 2007 and 2008 and helped Mike Ashley with his 2007 takeover, had originally been approached for the position, but has turned it down.
A deposit has already been paid to Mike Ashley, meaning the ball is now in the Premier League’s hands with the Newcastle takeover. All those involved must first pass the Premier League’s Owners’ and Directors’ Test before the takeover can be completed.
Saudi Arabia will have an 80% stake in the club, while Staveley and the Rueben brothers will have a 10% stake each.
The takeover has been heavily criticised due to Saudi Arabia’s human rights record