Do Not Sell My Personal Information
  1. Home
  2. Premier League
  3. Newcastle United

Newcastle United: Fans buzz as key takeover update involving Saudi PIF emerges

Newcastle United: Fans buzz as key takeover update involving Saudi PIF emerges - Newcastle United

Plenty of Newcastle United fans are buzzing as there has been a key takeover update involving Saudi Arabia’s Public Investment Fund (PIF) emerging on Twitter.

As per The Hollywood Reporter, the Saudi PIF are ‘about to close’ a 380 million-euro deal to buy the Tyneside club as the writer adds that they are also eyeing up the Warner Music Group.

1 of 10
question mark

Which of the following players was never signed by Kevin Keegan for the Toon?

Saudi Arabia, led by the country’s crown prince Mohammed Bin Salman (MBS), boasts a 300 billion-euros fund that remains interested in the entertainment and sports sector.

With MBS looking at potential new investments, perhaps one could take it that the deal at St. James’ Park is almost at completion if he is looking elsewhere.

On the other hand, a cynic could say that the consortium are becoming increasingly more impatient as they wait for the approval of the Premier League, and thus have turned their attentions to other forms of business.

Are you happy for your prospective owner to invest in new businesses?

Yes

Yes

No

No

Nevertheless, these members of the Toon faithful buzzed when they heard the news:

https://twitter.com/KateStewart22/status/1258461471895441408

Geordies, do you think the deal could be done by the end of the week? Comment below!


To Top

Article title: Newcastle United: Fans buzz as key takeover update involving Saudi PIF emerges

Please leave feedback to help us improve the site: