Newcastle’s proposed new owner, Mohammed bin Salman, is on the verge of completing his £305million deal to takeover the Magpies. But such is the Saudi crown prince’s wealth, it’s been revealed that he’s spent more than that alone on a fake Leonardo Da Vinci painting.
Gareth Southgate explains Tomori's England recall
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
There has been a huge turnaround in the past 24 hours to leave the takeover on the cusp of completion.
The deal was originally blocked by the Premier League over various concerns, with current Toon chief Mike Ashley taking legal action.
JUST IN: What Jose Mourinho said to convince Tammy Abraham to snub Arsenal
But those fears have now been allayed and the takeover is expected to be confirmed on Thursday.
The Magpies’ new owner is expected to pump £250m of investment into the club once contracts have been signed.
But that, and the initial £305m fee to finally rid the club of Mike Ashley, will make just a small dent in his fortune.
Arsenal eye Premier League transfer targets to replace Lacazette
Barcelona star Philippe Coutinho told who to join out of rivals
Arsenal signing Sterling could end up dealing killer Tottenham blow
And it’s now been revealed by Forbes that bin Salman will spend less acquiring the club than he did on a painting he believed to be by Da Vinci – only for it to turn out to be a fake.
The Salvator Mundi painting was purchased for £340m, however, the Louvre Abu Dhabi museum unexpectedly the paintings planned unveiling in 2018 – raising doubts over the authenticity of the piece.
Artnet reported a year late that the painting was on bin Salman’s yacht, with three experts from the Louvre in Paris concluding that the painting was from Da Vinci’s studio, but not from the renowned Italian himself.
Follow our new Daily Express Sport Instagram page here
It’s alleged in a forthcoming documentary that the crown prince offered to loan the painting to the Louvre for an exhibition on Da Vinci providing it was billed as authentic. However, that proposal was rejected.
Newcastle fans reacted with delight as news broke of the impending takeover on Wednesday.
Fans have protested against Ashley throughout the majority of his 14-year reign, which now looks to be in its final hours.
When the deal is concluded, it’s expected that beleaguered boss Steve Bruce will be relieved of his duties after months of criticism from the terraces, whilst fresh investment will be tabled for new players and to revamp the club’s infrastructure.
Bruce was originally not expecting to return after the first lockdown when the deal was seemingly on the verge of completion before various obstacles halted proceedings.
But now Magpies fans are just hours away from the day that many have them have been dreaming of for years.
Source: Read Full Article