Soccer-Saudi Arabia-led consortium completes Newcastle takeover

  • 📰 staronline
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 75%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Soccer-Newcastle deserve to be top of Premier League, Staveley says

Fourteen months after Saudi Arabia's Public Investment Fund withdrew a 305 million pounds bid to buy the north-east club from owner Mike Ashley following the Premier League's failure to give regulatory approval, a deal was announced after a day of mounting excitement on Tyneside.

The takeover, fronted by PCP Capital Partners' chief executive Amanda Staveley, ends an unhappy era at St James' Park and means Newcastle will be one of the world's richest clubs. "All parties are pleased to have concluded this process which gives certainty and clarity to Newcastle United Football Club and their fans," the Premier League said.

PIF -- Saudi Arabia's $430 billion sovereign wealth fund -- is at the centre of plans to transform the economy by creating new sectors and diversifying revenues away from oil.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

'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?

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:

 /  🏆 4. in MY

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 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-Newcastle fans dreaming of early Christmas presentLONDON (Reuters) - For the Toon Army, the nickname of Newcastle United's success-starved followers, news that the club's sale to Saudi Arabia's Public Investment Fund will feel like an early Christmas.
Source: staronline - 🏆 4. / 75 Read more »

Factbox-Soccer-Q&A on Newcastle United takeover saga(Reuters) - Premier League side Newcastle United are close to being taken over by a Saudi Arabian-backed consortium, according to reports in the British media, after a failed attempt in the past. The following is a Q&A on the issues surrounding it.
Source: staronline - 🏆 4. / 75 Read more »

Soccer-Pivotal Pogba offers France link between team and coachPARIS (Reuters) - Didier Deschamps was coach Aime Jacquet's voice on the pitch when France won the World Cup in 1998, but now he is the one sitting in the dugout he has found his own trusted lieutenant in Paul Pogba.
Source: staronline - 🏆 4. / 75 Read more »

Soccer-No panic as Italy finally lose but Mancini has problems to solveROME (Reuters) - Italy’s world record unbeaten run was finally halted on Wednesday and although there is no panic on the peninsula, manager Roberto Mancini has some conundrums to solve leading up to the 2022 FIFA World Cup.
Source: staronline - 🏆 4. / 75 Read more »