Newcastle United, dubbed as the richest football club in the world following its takeover by a Saudi-backed consortium last autumn, has been eliminated from the FA Cup by third-tier side Cambridge United. Newcastle is now stuck in the Premier League relegation battle and has lost all hope of playing European […]
Tag: Newcastle United
A Done Deal for Kieran Trippier: Newcastle Signs its First Big Name Following Multi-Million Saudi Takeover
Newcastle United is struggling in the Premier League, but hopes to turn its season around after the winter transfer window closes. Kieran Trippier is the first important signing at St James’ Park since the multi-million Saudi takeover last year. Newcastle will pay almost $16.3 million to Atletico Madrid for Trippier’s […]
Newcastle United: New Owners Ready to Spend $275 Million on Transfers
Newcastle United lost their first game under new ownership, 2-3 at St. James’ Park against Tottenham on Sunday. Fans welcomed the club’s new bosses with huge cheers, as the Saudi-backed hierarchy now looks into a total reshaping of the club. According to The Telegraph, as much as $275 million could […]
Saudi Arabia-backed Takeover Completed at Newcastle United, With Thousands Out to Celebrate at the Stadium
Newcastle United have new owners, ending Mike Ashley’s 14-year reign at the club. A Saudi Arabian-financed consortium led by British businesswoman Amanda Staveley has bought out Ashley for a fee in the region of $415 million. The takeover process lasted for more than 18 months after the new owners had […]
Amnesty International Pushes EPL to Block £300M Newcastle Sale
Amnesty International entered the Newcastle United takeover saga this week, writing a letter to the Premier League raising concerns about Saudi Arabia’s human rights record. The letter followed reports that Newcastle owner Mike Ashley’s £300 million sale of the club to a Saudi-backed syndicate involving Crown Prince Mohammed bin Salman […]