The Kingdom of Saudi Arabia's (KSA) Public Investment Fund (PIF) are now eyeing a move to make Diego Simeone the next manager of Newcastle United.

The Lowdown: Bruce exit confirmed

The St. James' Park faithful have confirmed in an official statement on Wednesday morning that Steve Bruce has left the club by 'mutual consent'.

Graeme Jones has now stepped in on an interim basis, and will take charge of the team when they play Crystal Palace away from home in the Premier League on Saturday afternoon.

Following this news, an exciting name has now emerged in the manager hunt.

The Latest: Simeone eyed

As per Spanish outlet AS, Simeone is now being eyed as the potential replacement for Bruce, and Atletico Madrid sporting director Andrea Berta could well follow him to the North East.

The new owners were looking at bringing both me in at the start of 2020, when the initial rumours of the takeover on Tyneside were heating up, and as the deal is now officially completed, PIF are now hoping to re-test the possibility of bringing them both in, and emulating the Atletico model.

The Verdict: Unrealistic

Simeone leaving his beloved Atletico to move to the Magpies just seems too unrealistic at this particular moment in time, given that the Toon still find themselves in a relegation battle.

Widely recognised as one of the elite managers in world football, he has won a total of nine trophies as a manager, including being voted the World's Best Coach in 2016, and winning the La Liga title ahead of FC Barcelona and Real Madrid last season (Transfermarkt) - Atletico star Rodrigo De Paul claims it is 'incredible' to be coached by his compatriot.

Before Liverpool beat Los Rojiblancos 3-2 on Tuesday night, Jurgen Klopp told the media just how much he loved and respected Simeone, claiming that he is 'doing absolutely everything right' at Atletico.

Simeone could be a future manager at NUFC, but for now they need to hire someone who would be up for a relegation fight first of all, perhaps with a view to bring the maverick superstar in down the line.

In other news, find out which representatives of this 'phenomenal' target were at St. James' Park here!