Announcement of a completed deal may be made later.
It's understood confirmation of a Saudi-backed takeover of Newcastle United could be made today.
The consortium, the Premier League and the club are thought to be working on getting the deal completed as soon as possible.
It would end owner Mike Ashley's 14 year spell in charge at St James' Park - 18 months after he initially accepted a 300-million pound offer.

Kildare Minor Football Team vs Laois
Tuesday Morning Sports Update
Andrew Porter Available For Selection, Whilst Further Assessments Required For James Ryan And RG Snyman
All 25 Players Of The Ireland Squad To Play Czechia Arrive Fit And Healthy To Training
Monday Morning Sports Update
Kildare Relegated Despite High-Scoring Clash with Louth
Late Waterford Goal Denies Kildare Victory
Allianz Hurling League 1B Results