A source from Newcastle United has dropped some insight on the Kingdom of Saudi Arabia (KSA) consortium after news emerged of Rafael Benitez's move to Merseyside.

The Lowdown: Benitez wanted

Liam Kennedy, who has been following the whole takeover saga closely, has claimed that Rafa Benitez is wanted by the potential owners-in-waiting to return to the North East should a deal between Mike Ashley and the KSA group be pushed through, as he helped bring them to the table in the first place.

However, the former Liverpool manager is set to be appointed at Everton, meaning that it is now very unlikely he will return to St. James' Park.

The Latest: Consortium insight

As per Football Insider, the KSA consortium are 'devastated' that Benitez is set to be appointed as the new manager at Goodison Park.

A source from the Tyneside club has told the news outlet that his appointment is 'devastating for the consortium', after they were previously told that the Spaniard was keen on a return to the Magpies.

The Verdict: 'Devastating' indeed

It is certainly 'devastating' not just for the consortium, but for the Toon Army as well, that Benitez is set to be appointed as the new Toffees boss.

Many NUFC fans have previously called for him to come back, and so he would have certainly been a popular appointment to take over from Steve Bruce, and would have been a good way for the consortium to immediately get fans on their side.

Benitez also has a vast amount of experience in managing in the Premier League, and his overall CV is certainly very impressive, a coach who would have been perfect in taking Newcastle into a new era.

In other news, find out which Magpies ace Liam Kennedy thinks time is up for here!