Soccer-Saudi Arabia-led consortium completes takeover of Newcastle United


Reuters | Updated: 07-10-2021 21:52 IST | Created: 07-10-2021 21:51 IST
Soccer-Saudi Arabia-led consortium completes takeover of Newcastle United

Premier League side Newcastle United have been taken over by a Saudi Arabian-backed consortium, the league said in a statement on Thursday.

"Following the completion of the Premier League's Owners' and Directors' Test, the club has been sold to the consortium with immediate effect," the Premier League said.

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