The English Football Association approves the acquisition of Newcastle United by the Public Investment Fund

The English Football Association announced today the approval of an investment group led by the Saudi Public Investment Fund, and comprising “PCP Capital Partners” and “RB Sports & Media” from 100% of the club English Newcastle United.

Following the announcement of the acquisition, Newcastle United fans flocked to the venue club celebrated the return of one of the club most famous Brits to compete for the championships.

The announcement also attracted the attention of media British, who covered the event with news and insights, considering it an important step and a qualitative leap that will bring the team back to the podiums, to become one of the most in view of the world of football.

Interestingly, Newcastle United was founded in 1892 in the city of Newcastle – upon Tyne – in the north-west of England after the merger of the teams “Newcastle East End” and “Newcastle West End”. The club has a capacity of over 52,000 fans, and the club has won many successes, in particularly by winning four titles in the Football League competition at the beginning of the last century, second place in the English Premier League in 1997 AD and six titles in the English League Cup (FA Cup) in addition to his continued participation in the various European Championships.

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