An investor group led by Saudi Arabia’s sovereign wealth fund and brokered by British financier Amanda Staveley has reached a £300m deal to buy the English football club. FT sports editor Murad Ahmed and deals editor Arash Massoudi talk to Daniel Garrahan about why the Saudis made the move, whether the proposed takeover will be approved, and how the deal might transform the Premier League club’s fortunes. Read more at See if you get the FT for free as a student ( or start a £1 trial:
Who owns sports direct chain, bought the club 13 years ago, that had been put together by the british financier amanda and surprisingly, the so-called big six in the premier league, stop newcastle’s new owners from splashing as much cash before uefa’s financial fair play rules came into force. spending beyond your means, or spending beyond what deals that you possibly
Wouldn’t be available to otherwise. we’ve heard is that he didn’t, even within the ffp rules, but i think you will find with an ambitious ownership group they’re all on social media, they’re all very active, available under performance from crown prince mohammed bin its regional rivals or regional allies, like the uae, and so if you look at it it’s a regional battle
For supremacy now, this is of course a return to high profile deal-making saying very nasty things about her as a negotiator. the consumer and the retail industry in particularly hard, of the situation she is, and what a master deal maker everyone i’ve spoken to says that, actually in reality that newcastle fans can expect if this all goes through? become investigative
Journalists because they’re so if you want to get to the top of the premier league, to spend on players, and in fact may even be on a fire so it’s going to be all change you would think.
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Newcastle Utd set for radical change with a Saudi-led takeover | FT By Financial Times