Newcastle U nited have reportedly prepared an £11m-a-year deal to offer Ajax manager Erik ten Hag to move to St. James' Park.
Following the departure of Steve Bruce earlier in October, the Saudi Public Investment Fund have been searching for a new boss to take charge of the Magpies, with the Dutchman said to be the ideal candidate for the new hierarchy.
According to the Daily Mail, they have now prepared a bumper deal to try to tempt Ten Hag, potentially making him the third-highest earning boss in the Premier League behind Pep Guardiola and Jurgen Klopp.
The Ajax boss has been linked with the Newcastle post since the arrival of the Saudi-led consortium in the north east, but he previously said to reporters that it would take an 'extraordinary offer' to make him consider the switch, as the 51-year-old reaffirmed his commitment to the Dutch giants.
Ten Hag took over in Amsterdam in 2017, and he has taken his side to two Eredivisie titles while also going within minutes of the 2019 Champions League final, leading to links to jobs such as Tottenham Hotspur and Manchester United in recent years.
Sam Varley
