John Barnes believes the signs are encouraging for Newcastle United should the proposed takeover go through.

The bid from Saudi Arabia’s Public Investment Fund has been in the offing for some time now, but has faced a number of setbacks after coming under intense scrutiny due to concerns over piracy and human rights abuses within the Kingdom.

The prospective owners have been backed to eventually pass the Premier League’s owners and directors test, and get the deal across the line.

And, speaking exclusively to BonusCodeBets, former Magpies player Barnes believes the group’s interest in Newcastle should offer plenty of encouragement that success could be on the way at St James’ Park.

“The good thing is that for me, this seems to be a long-term venture for the Saudis when they take over,” Barnes said.

“It’s very easy for them with their money and status to take over Man United or Liverpool. But it seems they would have to be in it for the long haul if they want to be successful, so that's a good thing.

“In terms of them taking a club like Newcastle – which you could argue is not one of the most fashionable clubs – so they're here for wanting to do something at Newcastle in the long term.

“But then they would have to be patient and the fans have to be patient if [the owners] then say it may be two or three years before we are where we want to be.”

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Barnes though has called for some patience should the bid go through, saying the Saudi group face much more of a test compared to other clubs’ takeovers.

“It could be more difficult than if they had done this 15 years ago.

“Roman Abramovich was the first one to really do it. He said, ‘We're going to spend more money than anybody else, pay more salaries.’

“But I don't think they're necessarily going to pay that much more than Man City, for example. City are ahead of them in terms of where they want to be, so I don't think it'll happen as quickly as it did for Man City.

“But it is a step in the right direction and the fans will be happy that they will see progress in terms of an improvement in the squad, which will then bring better results.

“But to then say they will be winning the league in the next two or three years, who knows how long that’s going to take?”