Newcastle United Football Club Archives

Newcastle takeover completed by Saudi-led consortium

October 7, 2021October 7, 2021 admin 0 Comments Amanda Staveley, Jamie Reuben, Mike Ashley, Newcastle taken over by Saudi Consortium, Newcastle United, Newcastle United Football Club, Newcastle United takeover, Premier League, Premier League 2021/22, Premier League news, Soccer, Soccer news, St James Park, Yasir Al-Rumayyan

The £300m takeover of Newcastle United has officially been completed, with a Saudi-led consortium ending Mike Ashley’s 14-year ownership of the club. The Premier League confirmed the takeover saying it had received “legally binding assurances” that the Kingdom of Saudi Arabia will not control the club.