Newcastle United FC

LONDON: Newcastle United FC have been officially converted into the richest club in the world after the Saudi Public Investment Fund (PIF) ended British businessman Mike Ashley's 14-year ownership by purchasing the Premier League club.

An investment group led by PIF (the kingdom’s sovereign wealth), and also comprising PCP Capital Partners and RB Sports & Media, completed the acquisition of 100% of Newcastle United Limited and Newcastle United Football Club Limited from St. James Holdings Limited.

Jul 31, 2020 20:07
LONDON: A Saudi Arabia-led consortium withdrew their bid to buy English Premier League club Newcastle United late Thursday. The consortium, led by Saudi Arabia’s Public Investment Fund, businesswoman Amanda Staveley and the Reuben Brothers, had seen their bid left in limbo for months not just over the matter of human rights abuses in the autocratic kingdom, but also over its patronage of pirate operator BoutQ.
Jul 20, 2020 16:07
LONDON: Premier League football club Newcastle United has extended its ongoing partnership with Fun88, ensuring that the Asian betting and gaming operator remains as the club’s primary partner after a new long-term commercial agreement was reached.
Apr 22, 2020 13:04
LONDON: Human rights organisation Amnesty International has offered its opinion on the imminent takeover of Premier League club Newcastle United FC by Saudi Arabia's sovereign wealth fund (Public Investment Fund of Saudi Arabia). No surprises for guessing that said opinion is extremely critical of the impending deal.