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Saudi Fund Not Interested in Buying Newcastle United Football Club, Deal Off

Saudi Arabia Investment Fund, PCP capital Partners and RB Sports & Media announce that it has formally withdrawn the bid to buy Newcastle United Limited and Newcastle United Football Club Limited.

nufc deal off

The Saudi group has posted a message confirming their withdrawal from buying Premier League Club

“With a deep appreciation for the Newcastle community and the significance of its football club, we have come to the decision to withdraw our interest in acquiring Newcastle United Football Club”

Now people are waiting for the response from NUFC on this cancelled takeover bid. Need to to hear what the club say now. Fanbase understandably gutted after yet another failed takeover attempt. What is the next step?

A Newcastle Football Club posted his displeasure over failing to struck a deal.

Once again we’re the punchline to the joke, the laughing stock of English football. If a Saudi Prince can’t even buy the club off Ashley then I feel we’re stuck with him forever! A sad and soul destroying day being a #Nufc today, the soap opera goes on

https://twitter.com/passionnufc/status/1288850244814483458