Three hundred Newcastle fans will be in the money if the multi-million pound Abu Dhabi takeover of the club goes ahead and leads to silverware next year.
Betfred have slashed the odds from 1,000/1 to 250/1 on the Magpies winning the Premier League title in 2020 after it was revealed at the weekend that talks are ongoing between representatives of Shiekh Khalid bin Zayad Al Nehayan and club owner Mike Ashley.
The intense speculation that oil money could be heading to Tyneside has led to at least 300 fans – mainly in the North East but nationwide too – placing small speculative bets of £1, £5 and £10 on Rafa Benitez splashing out on strengthening the team enough during the next two transfer windows – and beating the top six to title glory.
Manchester City - owned by Sheikh Monsoor - did complete the domestic treble last season. And as well as backing Newcastle for the title, even more super confident supporters are getting on Newcastle to match City next season – at an eye-watering 150,000/1 to win the Premier League title, FA Cup and Carabao Cup.
Betfred boss Fred Done said: “The Toon Army is on the march to our shops forcing us to make such a huge cut in the odds and they could tumble even further once the deal is finalised. City are 4/6 clear favourites to retain the title with Newcastle along with Leicester and Everton now at 250/1.
“We have seen that even with huge investment success on the field is not always immediate. However during the barren seasons the excellent boss Rafa Benitez and the club’s backroom staff have been able to assess just who is needed to enable the Magpies to dine at the top table once more.”
