October 7, 2021 Meet the Middle East

Consortium led by Saudi Arabia’s PIF officially takes over Newcastle United

A consortium led by Saudi Arabia’s Public investment fund (PIF) officially took over Newcastle United, the Premier League announced 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 statement said.For the latest headlines, follow our Google News channel online or via the app.Developing
Source: Al Arabiya
Full Article: Consortium led by Saudi Arabia’s PIF officially takes over Newcastle United