Media: Newcastle's managing director to leave after Saudi handover period
22 April 2020
Lee Charnley will leave the club after agreeing a deal with Amanda Staveley's Saudi Arabia backed consortium.
Charnley, previously the club secretary, has been in charge of Newcastle's day-to-day operations since 2013.
Newcastle United's managing director, Lee Charnley, will leave the club after more than 20 years of service upon the completion of the handover period under their reported Saudi Arabian takeover, according to the Daily Mail.
The potential deal, once thought dead in the water, appeared revived last month when it was reported the Premier League had been informed of the intentions of Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), to take over the club in a £300 million acquisition.
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