It is Newcastle’s dubious Saudi arabian billions of the world’s richest club in the world.
April 22, 2020 at 13:45
Recent updated: 20 hours ago
Updated: 20 minutes ago
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While on the way through the coronacrisis at rest, it is in the north-East of England, there’s a revolution going on. According to many, dubious consortium from the United arab Emirates, which has around 300 billion euro, is on the verge of becoming Newcastle United and take over.
Just as the Premier League’s Owners’ and Directors’ Test, separate, Newcastle United is still a massive cash injection. If the investigation by the Uk competition indicates that there is a consortium of PCP Capital Partners, is able to take the club to the fund, and that it is in the past and no criminal offences have been committed by the company, it looks like the takeover is to stand in the way.
Newcastle United has already received a payment and it shall be, when the deal is complete, the 300-million pound (approximately eur 341 million euros) in exchange for up to 80 per cent of the shares. And this is only the beginning of the plan. PCP Capital is allowed to know “the most high” to promote the current issue thirteen of the Premier League.