By Mark Carruthers Thursday, 14th October. “All 20 top-flight clubs are understood to have been briefed on the situation. Former Newcastle United centre-back Mike Williamson believes the sky is the limit for the Magpies following the recent takeover at St James Park. “There remained a chance that Mr Hoffman could change his mind if a sufficient number of clubs sought to persuade him to do so, the insider added, although the likelihood of that appears slim. “An announcement about his departure could be made in the coming days, an executive at one top-flight club said. Newcastle United takeover: Sports Minister gives his view. The report adds: “Sky News has learnt that Gary Hoffman, who only took up the non-executive post 18 months ago, is close to finalising his exit after coming under pressure to quit in the last few weeks. Sky Sports are reporting that Hoffman is “on the brink of resigning” over the backlash he has received as a result of Newcastle United’s takeover being approved by the Premier League. The New Manager Checklist: Every new boss’ first five tasks
The decision to approve this takeover was criticised by some quarters in the aftermath. This ended Mike Ashley’s 14-year stint in charge of the Premier League club. Newcastle United’s long-awaited takeover was completed in October. Following the completion of the Premier Leagues Owners and Directors Test, the club has been sold to the consortium with immediate. Premier League chairman Gary Hoffman is “on the brink of resigning” over his role in Newcastle United’s Saudi-led takeover, according to reports. The Premier League, Newcastle United Football Club and St James Holdings Limited have today settled the dispute over the takeover of the club by the consortium of PIF, PCP Capital Partners and RB Sports & Media.