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Saudi Arabia-led consortium completes takeover of EPL club Newcastle United

Fri 08 Oct 2021, 00:02:59

Saudi Arabia-led consortium completes takeover of EPL club Newcastle United

The consortium includes the kingdom's $430 billion sovereign wealth fund PIF,

chaired by Saudi crown prince Mohammed bin Salman, which is at the centre of plans to transform its economy by creating new sectors and diversifying revenues away from oil.

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