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The tangled tale of the Saudis and Newcastle United The Political Economy of Football (Weblog)09:02 18-Apr-21
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23 Apr 14:24

Newcastle United Takeover

Newcastle United were officially put up for sale in October 2017 by owner Mike Ashley. Since then, a number of parties have registered an interest in buying the historic football club, which was founded in 1892 and is one of the best supported teams in the English game. In April 2020, a deal was agreed between Mike Ashley, British businesswoman Amanda Staveley, and a Saudi Arabian-backed consortium including Saudi Arabia's sovereign wealth fund PIF. However, the deal collapsed on July 30 when the would-be buyers pulled the plug on the deal after Premier League checks. NewsNow aims to be the world's most accurate and comprehensive Newcastle United takeover news discovery platform, bringing you the latest NUFC takeover headlines from the best Newcastle sites and other key national and international news sources

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