A Saudi Arabia Investment Fund buys Newcastle United
The long-awaited Newcastle United takeover by a Saudi backed fund is almost complete.
Reports suggest the deal is actually done and now both sides are just waiting on higher-ups at the Premier League for approval. This follows a Saudi investment fund belonging to Crown Prince Mohammed bin Salman agreeing to the $379m price tag to purchase the club from Mike Ashley, the Premier League club’s owner.
The discounted price (it was originally listed at £424m) is finalised according to reports.
The discounted price (it was originally listed at £424m) is finalised according to reports.
Post a Comment