A NEW RICO IN EUROPE?
BOMBAZO! With new owner, the Newcastle could destronar to the City and PSG
Published:7/10/2021 - 20:43h
Updated:7/10/2021 - 21:27h
The Premier League and the Newcastle did official this Thursday the sale of the club to an investment fund of Saudi Arabia, and could be one of the richest of the continent
Paris Saint-Germain, Manchester City, Chelsea FC, and now the Newcastle United. The club has announced in the afternoon this Thursday in official communiqué that, after going through the legal requirements of the Premier League, has sold good part of his actions to an investment fund of Saudi Arabia, through an agreement of operation that have enciphered in some 350 million euros.
PIF, PCP Main Partners and RB Sports & Half is the consortium that has done with the reins of the club after Mike Ashley, owner of the Newcastle in the last years, attained to close the sale of the institution. Of all the consortium, stands out the PIF (Public Investment fund Saudi), with enormous influences in the state of Saudi Arabia and that at the beginning of this year accumulated 3,3 trillion dollars.
Like this then , the club of the urracas will happen to turn into a superpotencia economic… in one of the new rich of the European football, whereas in England already especula on the possible future investments in the club from this next market of winter.
The news has not happened unobserved between the fans, that have celebrated in style the agreement afterwards of more than year and half of negotiations. In a survey made already does weeks, 93% of his fans showed satisfied with a possible sale that finally has produced .
Consolidation of the sale
The Newcastle has received green light to the negotiations afterwards to surpass the barriers that has gone putting the Premier League during these months. The one of greater importance was to show that the state of Saudi Arabia would not control the whole of the club. It finished it attaining: "The Premier League has received guarantees legally vinculantes that the Realm of Saudi Arabia will not control the Newcastle United Football Club", announced the club in the official communiqué.
This same Saudi investment fund, in the past, already had tried to approach to a club of the Premier League. In that moment, went the Manchester United the one who interested, but the Glazer denied in rotundo to sell any action. Now, the Newcastle has not been able to say that 'no'.
