Saudis ‘in talks to buy Newcastle United’ as crown prince eyes Premier League entry ...News

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Saudis ‘in talks to buy Newcastle United’ as crown prince eyes Premier League entry
The sovereign wealth fund controlled by Saudi Crown Prince Mohammed bin Salman is in talks to buy Premier League club Newcastle United, according to reports. The Saudi Public Investment Fund has joined with a team of investors led by British financier Amanda Staveley to table a £340 million ($445 million) bid for the North East club, the Wall Street Journal reported on Saturday. The investment would be seen as a way for the Saudis to enter the Premier League, following moves in recent years from fellow Gulf states such as the UAE, who own current English champions Manchester City though royal family member Sheikh Mansour and his City F

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