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LONDON: Newcastle United fans have welcomed the takeover of their club by a consortium backed by Saudi Arabia’s Public Investment Fund (PIF). Following intense negotiations, the Kingdom’s sovereign wealth fund, alongside financial entrepreneur Amanda Staveley and billionaire investors the Reuben brothers, sealed a £300 million ($410 million) deal with Mike Ashley, the Premier ....
What's on? 10 top TV and streaming tips for Saturday rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Relief for Newcastle United as football’s Super League disintegrates Frank Kane The Bobby Robson statue outside Newcastle United’s St James’ Park. (Reuters) Short Url https://arab.news/cbfph What are the business implications of the disastrous attempt by six English football clubs, and a few others from Spain and Italy, to break away from their national leagues and set up a European “Super League”? The Big Six of the Premier League were forced to ditch their plans earlier this week after outrage at what was seen as brazen greed on their part. In return for one-off payments of between £300 million and £200 million each, the six would have joined the new competition, which was calculated to be a much bigger earner in terms of broadcasting rights revenue than the existing European competitions. ....
UEFA leads backlash against Super League bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.