Newcastle United's owners have reportedly held talks as they look towards adding a team to their network as part of a multi-club model.
The Magpies are owned by the Saudi Public Investment Fund, fronted by Amanda Staveley and Yasir Al-Rumayyan and are said to be keen to emulate the model of Manchester City.
The City Football Group structure owns clubs in the United States, Australia, India, Japan, Spain, Brazil, Uruguay, China, Belgium, France and Italy. This structure has provided a platform for young players to go out on loan as well as access to a greater scouting network for acquiring talent across the world.