Saudi-backed Newcastle's ownership called into question
1 year, 8 months ago

Saudi-backed Newcastle's ownership called into question

Hindustan Times  

The ownership of Saudi-backed Newcastle was under renewed scrutiny on Tuesday when Premier League chief executive Richard Masters was asked by a member of the British parliament if the league was investigating the club’s backers. Ownership of Saudi-backed Newcastle was under renewed scrutiny The question came in light of fresh uncertainty about who controls Newcastle, which was bought for $409 million in 2021, with Saudi Arabia’s Public Investment Fund having an 80 percent ownership stake. That has since been brought into question after an American court document filed by lawyers for Saudi-backed LIV Golf claimed the PIF should be regarded as “a foreign state.” “I can’t really comment on it,” Masters said when asked by Clive Efford MP about potential investigations. But I can’t really go into it at all.” After Newcastle’s protracted takeover was completed, Masters told the BBC that the Saudi state would not control the club.

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History of this topic

Fresh allegations bring renewed scrutiny on Saudi state involvement in Newcastle takeover
2 months ago

Fresh allegations bring renewed scrutiny on Saudi state involvement in Newcastle takeover

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Premier League club executives are seeking more answers …

Newcastle’s Saudi Arabia takeover could be re-examined by MPs in wake of WhatsApp leaks
2 months ago

Newcastle’s Saudi Arabia takeover could be re-examined by MPs in wake of WhatsApp leaks

The Telegraph  

Newcastle United’s Saudi Arabia takeover could be re-examined by MPs over The Telegraph’s WhatsApp cache suggesting both the kingdom’s Crown Prince and UK ministers were involved. ‘Unlikely’ Johnson was ‘telling the truth’ The sale eventually went through after the Premier League was given “legally binding assurances” that the Saudi state would not be in control of Newcastle. Newcastle Central MP, …

How Newcastle’s Saudi takeover ripped the £8bn-a-year Premier League in two
2 months ago

How Newcastle’s Saudi takeover ripped the £8bn-a-year Premier League in two

The Telegraph  

But within five days of the deal being confirmed, the likes of Arsenal, Liverpool and nine other clubs made the first move to toughen the competition’s rulebook anyway. “We now have a spectrum of owners of clubs with some complex structures and corporate relationships,” one leading executive told the league’s legal advisory board in Oct 2021 meetings, only recently released. …

Saudi Arabia tops sovereign wealth spending league with $31.5bn investment spree
11 months, 3 weeks ago

Saudi Arabia tops sovereign wealth spending league with $31.5bn investment spree

The Telegraph  

Elsewhere, the PIF spent $4.9bn last April to buy Californian mobile game developer Scopely, while 2023 also saw it become a major shareholder in Japan’s Nintendo. The PIF had a relatively modest presence on the global stage until it was reformulated eight years ago by Crown Prince Mohammed Bin Salman, Saudi Arabia’s de facto ruler. The Crown Prince, who is …

Eddie Howe is about to find out how much Newcastle’s Saudi owners back him
11 months, 3 weeks ago

Eddie Howe is about to find out how much Newcastle’s Saudi owners back him

The Telegraph  

Successive defeats against Luton Town and Nottingham Forest have, for the first time, led to criticism of Howe’s decision-making and team selection. ‌Even if the worst was to happen and Newcastle failed to win any of their next six games, it is far from certain Howe would be sacked. Telegraph Sport has not spoken to Saudi chairman Yasir Al-Rumayyan and …

European football is ignorant to the march of the Saudi Pro League
1 year, 3 months ago

European football is ignorant to the march of the Saudi Pro League

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Those present must feel the same as Uefa president Aleksandr Ceferin, who …

Saudi-backed Newcastle is back in the Champions League, what it does next could be thrilling
1 year, 7 months ago

Saudi-backed Newcastle is back in the Champions League, what it does next could be thrilling

Associated Press  

MANCHESTER, England — Backed by Saudi riches, Newcastle United is back in the Champions League and ready to rub shoulders with European soccer’s elite once more. A return to the Champions League after a 20-year wait paves the way for Newcastle to compete for the world’s top players. With the addition of Champions League soccer next season, Newcastle’s squad could …

Saudi-backed Newcastle’s ownership called into question
1 year, 8 months ago

Saudi-backed Newcastle’s ownership called into question

Associated Press  

MANCHESTER, England — The ownership of Saudi-backed Newcastle was under renewed scrutiny on Tuesday when Premier League chief executive Richard Masters was asked by a member of the British parliament if the league was investigating the club’s backers. The question came in light of fresh uncertainty about who controls Newcastle, which was bought for $409 million in 2021, with Saudi …

Analysis: The Man Utd bid and Qatar’s global sporting intent
1 year, 9 months ago

Analysis: The Man Utd bid and Qatar’s global sporting intent

Al Jazeera  

An offer to buy Manchester United signals Qatar’s continuing ambition to be seen as a global sport powerhouse, analysts say. Jassim’s bid was submitted through his Nine Two Foundation, the name an apparent nod to Manchester United’s famous “class of 92” squad, which won several titles during the 1990s. However, some Manchester United fans have rejected Jassim’s bid as an …

Premier League criticised over Newcastle’s Saudi state ownership links
1 year, 9 months ago

Premier League criticised over Newcastle’s Saudi state ownership links

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Amnesty International says the Premier League’s apparent failure …

Premier League urged to review Saudi-Newcastle deal
1 year, 9 months ago

Premier League urged to review Saudi-Newcastle deal

Associated Press  

GENEVA — The Premier League was urged Thursday to review a legally binding promise made by the owners of English soccer club Newcastle in 2021 that Saudi Arabia’s sovereign wealth fund was separate from the country’s government. An American court document filed by lawyers for Saudi-backed LIV Golf in a case against the PGA Tour revealed this week claimed the …

Premier League urged to review Saudi-Newcastle deal
1 year, 9 months ago

Premier League urged to review Saudi-Newcastle deal

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. An American court document filed by lawyers for Saudi-backed …

Saudi ownership of Newcastle called into question by court admission
1 year, 9 months ago

Saudi ownership of Newcastle called into question by court admission

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Premier League are not commenting on an …

Newcastle's ownership looking at building 'multi-club' model
1 year, 9 months ago

Newcastle's ownership looking at building 'multi-club' model

The Telegraph  

The Newcastle United co-owner Amanda Staveley has revealed that the club’s Saudi Arabia-led ownership are looking at building a “multi-club” model similar to that created by Manchester City, amid fresh concerns about the assurances given to the Premier League on acquiring the club. Court documents in the United States this week revealed that the kingdom has claimed that Saudi’s Public …

Newcastle boss Eddie Howe focused only on football on anniversary of Saudi takeover
2 years, 2 months ago

Newcastle boss Eddie Howe focused only on football on anniversary of Saudi takeover

Daily Mail  

Eddie Howe says he can still separate football from politics one year on from Newcastle's Saudi-led takeover and admits he was never going to turn down a job he feared he had lost to Unai Emery. Eddie Howe was appointed Newcastle boss after the Saudi-led takeover of the club a year ago Newcastle have been transformed from relegation strugglers to …

Man United stake offered to Saudi Arabia PIF before Newcastle takeover
2 years, 2 months ago

Man United stake offered to Saudi Arabia PIF before Newcastle takeover

Daily Mail  

Saudi Arabia's Public Investment Fund were offered a 30 per cent stake in a Premier League club - believed to be Manchester United - for £700million before they bought Newcastle United. Yasir Al-Rumayyan, the governor of the Saudi Arabian Public Investment Fund, has revealed they were offered a 30 per cent stake in a Premier League club in 2019 The …

Newcastle hoping for lifting of ban to allow Saudi sponsors
3 years, 1 month ago

Newcastle hoping for lifting of ban to allow Saudi sponsors

Associated Press  

LONDON — Newcastle’s new Saudi ownership is hoping to start signing up sponsorships from the kingdom this month by getting a ban on such deals lifted by fellow Premier League clubs. Premier League rivals were worried Newcastle will use friendly sponsorship deals with related parties to help it comply with financial fair play rules that are in place to prevent …

Spurs spoil Newcastle's Saudi party
3 years, 2 months ago

Spurs spoil Newcastle's Saudi party

The Hindu  

Newcastle's new dawn under the ownership of the Saudi sovereign wealth fund got off to a disappointing start as Tottenham Hotspur silenced St James' Park with a 3-2 win on Sunday. Expectations on Tyneside are high for a huge injection of funding by the Saudi Public Investment Fund to transform Newcastle's fortunes on the field. A jubilant atmosphere was matched …

Newcastle United: Van drives poster around St James’ Park after Saudi takeover
3 years, 2 months ago

Newcastle United: Van drives poster around St James’ Park after Saudi takeover

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A van drove a poster around Newcastle United’s …

Newcastle's Saudi buyout: Premier League managers have their say
3 years, 2 months ago

Newcastle's Saudi buyout: Premier League managers have their say

The Hindu  

Liverpool manager Jürgen Klopp called on the Premier League on Friday to explain the reasons for approving the buyout of Newcastle by Saudi Arabia's sovereign wealth fund amid human rights concerns in the kingdom. The Premier League approved the protracted 300-million-pound takeover last week after saying it was satisfied that the Public Investment Fund produced “legally binding assurances that the …

Saudi era begins at Newcastle with Spurs visit
3 years, 2 months ago

Saudi era begins at Newcastle with Spurs visit

The Hindu  

Newcastle United begins its new era under Saudi ownership when it faces Tottenham Hotspur at St James' Park with Steve Bruce set for his 1000th game as a manager and possibly his last with the North East club. Last week, to the delight of its fans, Newcastle was sold to a consortium dominated by Saudi Arabia's Public Investment Fund alongside …

Firstpost Explains: Sportswashing and why Saudi Arabia's involvement in Newcastle takeover is murky
3 years, 2 months ago

Firstpost Explains: Sportswashing and why Saudi Arabia's involvement in Newcastle takeover is murky

Firstpost  

Saudi Arabia have gone from hosting boxing bouts, horse racing, wrestling, Formula 1 races to now owning Premier League club Newcastle United. In Newcastle’s case, a consortium of Saudi Arabia’s Public Investment Fund, Britain’s PCP Capital Partners and RB Sports and Media are behind convincing Premier League and Mike Ashley to sell the North-East England club for a reported 300 …

OLIVER HOLT: Newcastle's takeover has underlined that the Premier League only care about money
3 years, 2 months ago

OLIVER HOLT: Newcastle's takeover has underlined that the Premier League only care about money

Daily Mail  

It is an illuminating comment on the Premier League and its unabashed worship of money that when a purveyor of pre-meditated murder, mass executions, state- The hated Mike Ashley is gone and it is hard to begrudge Newcastle fans their rejoicing that they are rid of the cruel mix of joylessness and hopelessness that their former owner inflicted on the …

Staveley promises Newcastle overhaul, knocks back sportswashing critics
3 years, 2 months ago

Staveley promises Newcastle overhaul, knocks back sportswashing critics

The Hindu  

British businesswoman Amanda Staveley on Friday denied that a Saudi-backed takeover of Premier League club Newcastle United was designed to "sportswash" Saudi Arabia's human rights record, saying the deal would rebuild the club into a winning team. Staveley's PCP Capital Partners group fronted a consortium 80 per cent-led by Saudi Arabia's PIF sovereign wealth fund that on Thursday secured the …

Newcastle takeover: Premier League clubs demand emergency meeting
3 years, 2 months ago

Newcastle takeover: Premier League clubs demand emergency meeting

The Hindu  

Premier League clubs have reached out to the league with complaints about Newcastle United's takeover by a Saudi Arabia-led consortium and are pushing for an emergency meeting next week, the Guardian newspaper reported. The Premier League announced on Thursday that Newcastle had been sold to a group consisting of Saudi Arabia's Public Investment Fund, PCP Capital Partners, and RB Sports …

Amanda Staveley: Public face of Newcastle United's Saudi Arabian takeover
3 years, 2 months ago

Amanda Staveley: Public face of Newcastle United's Saudi Arabian takeover

Firstpost  

An indication of the circles in which British financier Amanda Staveley moves is the rumour that she once turned down a marriage proposal from Prince Andrew, Queen Elizabeth II’s third child. Newcastle: Amanda Staveley, the British financier who steered the Saudi-led takeover of Premier League club Newcastle United, is a well-connected operator who specialises in marrying Gulf money with opportunities …

Column: Saudi control of Newcastle — victories over reality
3 years, 2 months ago

Column: Saudi control of Newcastle — victories over reality

Associated Press  

LONDON — When the broker of Newcastle’s buyout was asked when she last spoke to Saudi Arabia crown prince Mohammad Bin Salman about the English Premier League club, she was momentarily unsettled. If PIF funds a first English title since 1927, Newcastle’s Toon Army won’t be concerned about the Saudi-led offensive in Yemen that U.S. President Joe Biden has said …

Premier League club Newcastle bought by Saudi sovereign fund
3 years, 2 months ago

Premier League club Newcastle bought by Saudi sovereign fund

Associated Press  

LONDON — Saudi Arabia’s sovereign wealth fund completed a buyout of Premier League club Newcastle on Thursday, giving hope to fans dreaming of a first title in almost a century but concerning human rights activists that the kingdom had gained a foothold in the world’s richest soccer league. “The Premier League has now received legally binding assurances that the Kingdom …

Premier League club Newcastle United bought by Saudi Arabia's sovereign fund
3 years, 2 months ago

Premier League club Newcastle United bought by Saudi Arabia's sovereign fund

Firstpost  

The 300-million-pound takeover by the Saudi Public Investment Fund initially collapsed last year over concerns about how much control the kingdom’s leadership would have in the running of Newcastle English Premier League club Newcastle United was sold to Saudi Arabia’s sovereign wealth fund on Thursday after a protracted takeover and legal fight involving concerns about piracy and rights abuses in …

Newcastle United's Saudi takeover complete
3 years, 2 months ago

Newcastle United's Saudi takeover complete

The Hindu  

A Saudi-Arabian backed consortium completed its purchase of Premier League club Newcastle United on Thursday as a long-running takeover saga finally reached the conclusion the majority of the club's supporters desired. A statement from Yasir Al-Rumayyan, governor of PIF who will become non-executive chairman of Newcastle United, said the deal would mean long-term investment to "harness the club's potential and …

Newcastle takeover is DONE! Saudi Arabian consortium complete £300m deal
3 years, 2 months ago

Newcastle takeover is DONE! Saudi Arabian consortium complete £300m deal

Daily Mail  

Newcastle United are under new Saudi ownership after a £305million deal was agreed with Mike Ashley and signed off by the Premier League. It read: 'The Premier League, Newcastle United Football Club and St James Holdings Limited have today settled the dispute over the takeover of the club by the consortium of PIF, PCP Capital Partners and RB Sports & …

Qatar's beIN Sports says Saudi to lift ban, removing Newcastle takeover hurdle
3 years, 2 months ago

Qatar's beIN Sports says Saudi to lift ban, removing Newcastle takeover hurdle

The Hindu  

Qatar-based broadcaster beIN Sports said on Wednesday that Saudi Arabia will soon lift a ban on it, removing a key obstacle behind the collapsed takeover of Premier League football club Newcastle United by the kingdom's sovereign wealth fund. Saudi Arabia's response to cases of unauthorised broadcasting of Premier League games in the country was a key issue raised by critics …

Newcastle United takeover confirmed as £305m deal with Saudi-backed consortium finalised
3 years, 2 months ago

Newcastle United takeover confirmed as £305m deal with Saudi-backed consortium finalised

The Telegraph  

The Premier League has finally approved Mike Ashley's sale of Newcastle United and claimed it has legally-binding assurances that Saudi Arabia's rulers will not interfere. The £300 million deal hands Saudi Arabia’s Public Investment Fund an 80 per cent controlling stake, with the London-based Reuben brothers paying for a 10 per cent stake, and broker Amanda Staveley receiving 10 per …

Saudi Arabia's Newcastle takeover branded a 'bitter blow for human rights'
3 years, 2 months ago

Saudi Arabia's Newcastle takeover branded a 'bitter blow for human rights'

The Telegraph  

Newcastle's Saudi takeover was branded an "extremely bitter blow for human rights" on Thursday night after the Premier League ignored 11th hour pleas to reject the deal. Hatice Cengiz, the fiancee of murdered journalist Jamal Khashoggi, and Amnesty had desperately appealed to England's top tier to avoid "caving in". Cengiz told Telegraph Sport the league was effectively letting crown prince …

Saudi Arabia-led consortium completes Newcastle United takeover
3 years, 2 months ago

Saudi Arabia-led consortium completes Newcastle United takeover

Al Jazeera  

Takeover of English Premier League club had collapsed last year amid concerns about Saudi human rights abuses and piracy. English Premier League football club Newcastle United have been taken over by a Saudi Arabian-backed consortium, the league said, after a protracted takeover and legal fight involving concerns about piracy and rights abuses in the kingdom. “The Premier League, Newcastle United …

Newcastle United: What happens now after the Saudi Arabia-backed takeover?
3 years, 2 months ago

Newcastle United: What happens now after the Saudi Arabia-backed takeover?

New York Times  

It is the day Newcastle United fans thought would never come. In the Premier League’s view, the Saudi state, or at least representatives of it, would be de facto shadow directors of Newcastle United, and therefore needed to undertake the test. What’s more, to apply further pressure, and to exhaust all avenues in an effort to get the takeover passed, …

Newcastle takeover by Saudi buyers nearing completion with swift announcement possible
3 years, 2 months ago

Newcastle takeover by Saudi buyers nearing completion with swift announcement possible

The Telegraph  

Saudi Arabian officials, who have maintained for months that BeIN’s signals were not blocked, were contacted by Telegraph Sport, but were unable immediately to verify the claim that its dispute with BeIN had been settled. The legal issue will be resolved; so it simply becomes a moral question for the Premier League.” BeIN’s vehement “lobbying” against the deal, prior to …

Saudi Arabia set to lift ban on Qatar’s beIN Sports network
3 years, 2 months ago

Saudi Arabia set to lift ban on Qatar’s beIN Sports network

Al Jazeera  

The move could mean Newcastle United’s stalled potential takeover by a Saudi-led consortium would be a step closer. Saudi Arabia will reportedly soon lift a four-year ban on the Qatar-based broadcaster beIN Sports broadcaster and has promised to close pirate websites. beIN holds the rights to broadcast the Premier League across the Middle East but Saudi Arabia’s General Authority for …

‘Public interest’ has been overlooked for too long – Newcastle fans need clarity now
3 years, 2 months ago

‘Public interest’ has been overlooked for too long – Newcastle fans need clarity now

New York Times  

For all of the dramatic allegations, the claims, counter-claims and terse exchanges, arguably the most important breakthrough of Wednesday’s competition appeal tribunal hearing was also the most fundamental. Yet this basic principle has been ignored over 18 months — by the Premier League, by the arbitration process, by Mike Ashley and by Newcastle United themselves — to such an extent …

Newcastle United confirms legal dispute with EPL - Football News - Sportstar
4 years, 1 month ago

Newcastle United confirms legal dispute with EPL - Football News - Sportstar

The Hindu  

Newcastle United has confirmed that it is involved in arbitration proceedings against the Premier League over an aborted takeover attempt by a Saudi Arabian-backed consortium earlier this year. The Shields Gazette, a local newspaper in England's north east, reported on Tuesday that the Premier League had confirmed it was in a legal dispute with the club in a letter to …

Newcastle United Confirm Legal Dispute With League Over Failed Takeover
4 years, 1 month ago

Newcastle United Confirm Legal Dispute With League Over Failed Takeover

News 18  

Newcastle United have confirmed that they are involved in arbitration proceedings against the Premier League over an aborted takeover attempt by a Saudi Arabian-backed consortium earlier this year. The Shields Gazette, a local newspaper in England’s northeast, reported on Tuesday that the Premier League had confirmed it was in a legal dispute with the club in a letter to Newcastle …

Newcastle consider legal action against Premier League over failed Saudi Arabian takeover as Mike Ashley accuses Richard Masters of ‘not acting appropriately’
4 years, 3 months ago

Newcastle consider legal action against Premier League over failed Saudi Arabian takeover as Mike Ashley accuses Richard Masters of ‘not acting appropriately’

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Newcastle owner Mike Ashley is taking legal advice …

EPL denies Newcastle’s claim Saudi-led takeover was rejected - football news
4 years, 3 months ago

EPL denies Newcastle’s claim Saudi-led takeover was rejected - football news

The Hindu  

The English Premier League has contested Newcastle’s assertion that a Saudi-led takeover of the club had been rejected, saying on Thursday it could still proceed if further information on the proposed new owners is provided. Newcastle on Wednesday said the league leadership had not “acted appropriately” regarding the takeover that would have seen Saudi Arabia’s Public Investment Fund acquire an …

Saudis’ Newcastle bid ends after piracy, human rights issues
4 years, 4 months ago

Saudis’ Newcastle bid ends after piracy, human rights issues

Associated Press  

Saudi Arabia’s sovereign wealth fund withdrew its bid to buy English Premier League club Newcastle on Thursday after the process was stalled by concerns about piracy by the kingdom and human rights complaints. The league has spent four months considering whether to approve the 300 million pound takeover that would have seen Saudi Arabia’s Public Investment Fund gain an 80% …

Newcastle United Takeover Off After Saudi Arabia-backed Consortium Withdraws Bid
4 years, 4 months ago

Newcastle United Takeover Off After Saudi Arabia-backed Consortium Withdraws Bid

News 18  

A takeover bid for Newcastle United by a consortium backed by the Saudi sovereign wealth fund has been withdrawn after weeks of waiting for the Premier League's approval, the group said on Thursday. The investment group of the Saudi Public Investment Fund, Amanda Staveley's PCP Capital Partners and billionaire brothers, David and Simon Reuben, cited the long period since a …

Newcastle United: Premier League club takeover falls through as Saudi group pulls out
4 years, 4 months ago

Newcastle United: Premier League club takeover falls through as Saudi group pulls out

The Hindu  

A Saudi Arabian-backed consortium has ended its interest in taking over English Premier League side Newcastle United, Sky Sports reported on Thursday. The group, which included Saudi Arabia's sovereign wealth fund PIF, PCP Capital Partners and Reuben Brothers, was reported to have made a 300 million pounds bid to buy United from British businessman Mike Ashley. One of the issues …

Proposed Newcastle takeover a football matter, says Britain sports minister
4 years, 4 months ago

Proposed Newcastle takeover a football matter, says Britain sports minister

The Hindu  

Britain's sports minister has said a Saudi-backed consortium's proposed takeover of Premier League side Newcastle United is a football matter and that while he is “keeping an eye on it”, he will not interfere. The Premier League's board has been examining the proposed takeover as part of its 'owners and directors test', which evaluates the suitability of ownership groups. “I'm …

Premier League chief: Saudi takeover of Newcastle is complicated
4 years, 5 months ago

Premier League chief: Saudi takeover of Newcastle is complicated

The Hindu  

Premier League chief executive Richard Masters suggested the proposed Saudi takeover of Newcastle United had become complicated but hoped to have a conclusion to the process shortly. A group fronted by British financier Amanda Staveley, with an expected 80% investment from the Saudi sovereign wealth fund PIF and 10% involvement from billionaire brothers David and Simon Reuben, made a reported …

Bruce uninterested in Newcastle takeover talks
4 years, 6 months ago

Bruce uninterested in Newcastle takeover talks

The Hindu  

Steve Bruce says he is not interested in the progress of the proposed Saudi-back takeover of Newcastle United as he remains focused on leading his side to a top-10 Premier League finish. A group with an expected 80 percent investment from Saudi sovereign wealth fund PIF have made a reported 300 million pound bid to buy Newcastle United from British …

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