The search for the right man in the coaching stance makes major progress in Newcastle United as the new owners have reportedly held talks with Paulo Fonseca and has agreed to offer the Portuguese manager £6million as pay.
Newcastle sacked Steve Bruce on Wednesday with £8million pay-off having failed to win a game in Eight premier league match this season.
The club announced that it sacked Bruce on a mutual consent.
Saudi owners patiently looking for the right option as they fear not get an inexperienced manager that may not work to expectations.
According to report, the club is in an advanced stage to appoint former Roma boss Paulo Fonseca with Graeme Jones still in charge as interim.
Newcastle are 19th on the premier league table even as the new owners are desperate to overturn this position.
Fonseca made a remarkable career at Shakter Donesk where he won three league titles and three cups in three seasons for the club.
He help Roma reached the semi finals of the Europa League last season.