Newcastle United talks on Saudi Arabia takeover at ‘advanced’ stage

Newcastle United talks on Saudi Arabia takeover at ‘advanced’ stage

Mike Ashley has owned Newcastle since 2007
Talks on the potential £340m takeover of Newcastle United by Saudi Arabia’s sovereign wealth fund are “advanced”.
Negotiations between the Arab state’s Public Investment Fund (PIF) and Newcastle owner Mike Ashley …
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About Alexander O'Riordan

Alexander O'Riordan has worked on aid and development effectiveness for the EU, UN and various governments in over twenty countries. He has recently moved to Cape Town to complete his doctoral studies on the political economy of donor allocations of funding. He writes regularly for The South African Civil Society Information Service.

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