Africa Business Radio

Premier League Approves Saudi-Led Takeover Of Newcastle United

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Synopsis

The Premier League says the Saudi-led takeover of Newcastle United has been approved, The Premier League in a statement says following the completion of the Premier League’s owners’ and directors’ Test, the club has been sold to the consortium with immediate effect.The deal went ahead despite warnings from Amnesty International that it represents sports washing of the Gulf kingdom’s human rights record.It brings to an end Newcastle’s 14 years of ownership under Mike Ashley.