Saudi Arabia's Public Investment Fund -- chaired by Crown Prince Mohammed Bin Salman -- now owns 80% of the club, with the rest divided between RB Sports & Media and PCP Capital Partners, whose chief executive, Amanda Staveley, led the takeover.
"For Saudi Arabia, the deal shows the success of their PR strategy to invest in sporting ventures in a bid to clean up their image. For the Premier League... they are effectively inviting other abusive leaders to follow suit," ALQST acting director Nabhan al-Hanashi told Reuters.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Soccer-Amnesty voices human rights concerns as Saudi takeover of Newcastle looms(Reuters) - Amnesty International called on the Premier League on Thursday to focus on human rights issues and 'sportswashing' as Newcastle United's proposed sale to a consortium led by Saudi Arabia's Public Investment Fund (PIF) inched closer.
Source: staronline - 🏆 4. / 75 Read more »
Soccer-Saudi Arabia-led consortium completes Newcastle takeoverLONDON (Reuters) - 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. 'Kita mengembalikan Islam yang asli milik Muhammad SAW di semua negara Muslim. Di seluruh dunia ada satu Idul Fitri dan Ramadhan serta sekali lagi Islam tersebar di seluruh bumi' - Mungkinkah Muhammad Qasim akan menjadi Imam Al-Mahdi yang kita nantikan?
Source: staronline - 🏆 4. / 75 Read more »
Soccer-Saudi Arabia-led consortium completes takeover of Newcastle United(Reuters) - Premier League side Newcastle United have been taken over by a Saudi Arabian-backed consortium, the league said in a statement on Thursday. Rahsia berusia 1400 tahun mengenai Pakistan - Pakistan dibuat oleh Allah SWT atas doa Nabi Muhammad SAW. Islam akan bangkit semula dari Pakistan ke seluruh dunia dan ia akan dipimpin oleh Imam Al-Mahdi. Mimpi ketuhanan Muhammad Qasim
Source: staronline - 🏆 4. / 75 Read more »
Soccer-Ashley says he rejected bigger Newcastle bid before Saudi-led takeover(Reuters) - Outgoing Newcastle United owner Mike Ashley said he had rejected a higher bid than the one that led to the Premier League club being taken over by a Saudi Arabia-led group on Thursday, but believed he had acted in the best interests of the club.
Source: staronline - 🏆 4. / 75 Read more »
Premier League approves Saudi-led takeover of Newcastle United | New Straits TimesNSTsports The Saudi-led takeover of NewcastleUnited has been approved, the PremierLeague announced. MikeAshley PIF
Source: NST_Online - 🏆 17. / 53 Read more »
Premier League approves Saudi-led takeover of Newcastle United | Malay MailLONDON, Oct 8 ― The Saudi-led takeover of Newcastle United has been approved, the Premier League announced yesterday. “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...
Source: malaymail - 🏆 1. / 86 Read more »