Advert

Latest

3 hours ago
Advert
9 hours ago
Advert

Most Popular

12 hours ago
Advert

Newcastle United's £300 Million Takeover Given 'Green Light' By Premier League

Newcastle United's £300 Million Takeover Given 'Green Light' By Premier League

Newcastle United's huge takeover has been given the green light as the Premier League have finally approved the £300 million Saudi deal.

Premier League bosses have reportedly approved the Saudi-backed takeover of Newcastle with an official announcement expected to be made around June 1, per The Sun.

The ambitious move will mean an end to Mike Ashley's tumultuous 13-year ownership of the North East outfit, with Amanda Staveley's consortium, who are backed by wealthy Saudi's, taking an 80 percent stake.

Financier Staveley is fronting the bid but backed by Crown Prince Mohammed bin Salman.

Advert
Image: PA
Image: PA
Image: PA
Image: PA

The Saudi consortium also includes billionaire British businessmen the Reuben brothers, who will have a 10 percent stake.

More Like ThisMore Like This

1 of 6
Football

Report Reveals Two Premier League Clubs Who Opposed Newcastle United Takeover

There had been a delay while the Premier League chiefs focus on Project Restart as they try to resume the league amid the coronavirus crisis.

Advert
Newcastle United's New Owners Have Huge Plans Which Includes Hiring A World Class Manager
Football

Newcastle United's New Owners Have Huge Plans Which Includes Hiring A World Class Manager

published ata year ago

Current manager Steve Bruce, meanwhile, admits he's "in the dark" over Newcastle's potential club makeover.

"I'm in the dark like most other people, and for that, I'm glad, really, because I can't comment on it," he explained. "It's not worth talking about it as I really don't know."

He added: "If it's good for Newcastle, and the club are going to try to compete with these teams, to be part of it would be great.

Advert

"I'd love to see it, and I'd love to be part of it."

Topics: Football News, Steve Bruce, Football, Premier League, Newcastle United

Chosen for YouChosen for You

European Super League Release Statement After Premier League's 'Big Six' Pull Out
Football

European Super League Release Statement After Premier League's 'Big Six' Pull Out

published at2 hours ago

Most Read StoriesMost Read

Football

Ed Woodward To Resign As Man United's Executive Vice-Chairman After European Super League Backlash

published at11 hours ago

Nasir Jabbar

Nasir Jabbar is a journalist at SPORTbible. He graduated from Bath Spa University with a BA in Media Communications. He's a combat sport aficionado, and has contributed to MMA websites AddictedMMA and CagePotato. Nasir has covered some of the biggest fights, while interviewing the likes of Conor McGregor, Michael Bisping and Anthony Joshua. He's also an avid Bristol City fan.