Newcastle legend Alan Shearer discusses the club takeover

Newcastle United have reportedly made contact with a director of football and laid out plans to challenge for the Premier League title.

The Magpies were sold by Mike Ashley last Thursday for £305million to a consortium led by the Saudi Arabian Public Investment Fund (PIF).

Following Ashley's much-maligned 14-year reign which saw the north-east club keep the purse strings tight, Newcastle are not only set to splash the cash in the transfer market, but rebuild the structure of the footballing department - including appointing a director of football.

And according to French outlet Foot Mercato, via Sport Witness, ex-Paris Saint-Germain chief Antero Henrique is 'part of the targets of the Saudi investors.'

Henrique has reportedly had contact with Newcastle

Henrique, who hails from Portugal, is said to have been in contact with representatives of the consortium as they put forward 'their desire to build a team in Newcastle capable of rivalling for the Premier League title in the years to come.'

The 53-year-old left PSG after two years at the Parc des Princes in 2019 but made his name as a director of football at Porto#Sports