Newcastle United: Government 'not involved' in Saudi Arabia-backed takeover bid

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Government denies being involved 'at any point' in Saudi Arabia-backed group's failed bid to buy Newcastle United

The government has denied it was involved "at any point" over a Saudi Arabia-backed group's failed bid to buy Newcastle United.

They were said to have been clear that any prospective takeover was a matter for the two parties concerned.A government spokesman said: "While we welcome overseas investment, this was a commercial matter for the parties concerned and the government was not involved at any point in the takeover talks on the sale of Newcastle United.

 

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