What Does the Newcastle Takeover Mean for the Future of the Club?

Mohammad Bin Salman Newcastle

The Premier League action is currently on hold but there is big news coming from Tyneside. It appears that Mike Ashley’s era as the owner of Newcastle United will soon be over. A consortium led by financial expert Amanda Staveley has filed all the necessary paperwork and a £300 million takeover looks to be imminent. This will see the Public Investment Fund of Saudi Arabia acquire an 80% stake at the club. The fund itself is chaired by Crown Prince Mohammad Bin Salman which raised a lot of questions due…

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