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Newcastle’s Saudi takeover met with FURIOUS response by Premier League rivals with some leading efforts to STOP lucrative sponsorship deals



Newcastle’s Saudi takeover met with FURIOUS response by Premier League rivals with some leading efforts to STOP lucrative sponsorship deals after Spurs, Liverpool, Man United and Arsenal asked top flight chiefs to block takeover

Newcastle have now officially become the richest football club on the planet 

We have also learned that the £305million deal — led by Saudi’s £700billion Public Investment Fund (PIF) — was strongly resisted throughout by Liverpool, Manchester United, Arsenal and Tottenham, who all lobbied the Premier League to deny the Saudis entry to the top flight.

Newcastle are now officially the richest football club on the planet following the completed takeover from the Saudi group. Pictured: New chairman Yasir Al-Rumayyan

There were also reports last night that the other 19 clubs have demanded a meeting to ask the Premier League why the Newcastle takeover was signed off.

The club’s new owners are undeterred and they were handed the keys to St James’ Park yesterday as work began on transforming the club, with the aim to be champions of Europe.

Amanda Staveley is fronting the operation on Tyneside and she spoke to staff inside the stadium for the first time, winning a round of applause after outlining her vision for the club.

Liverpool and owner John W Henry are also among those who strongly resisted the takeover

However, it is the financial might of the Saudis that will prove central to any success, and PIF governor Yasir Al-Rumayyan — the club’s non-executive chairman — sent a message of intent from Riyadh.

‘Most importantly, you can expect ambition,’ he said in an open letter to supporters.

‘Like you, we want to create a consistently successful team. We are here to build long-term success.

‘Owning this club is not a responsibility we have taken on lightly and we will never lose sight of what it means to be part of Newcastle United.

‘We will make sure to focus on things that will deliver long-term success.’

The new chairman has promised fans they aim to ‘build long-term success’ for the Magpies

McParland has close links with Steven Gerrard and Brendan Rodgers, two of the names who have cropped up in conversation concerning a replacement for Steve Bruce, who is set to be removed as manager.

It is likely assistant boss Graeme Jones will be placed in interim charge for the visit of Spurs a week on Sunday.

Sources say the new owners would prefer a manager with Premier League experience and there is a feeling Leicester boss Rodgers would be interested in the job.

Rangers manager Gerrard would be popular with the fans and he is said to be monitoring events with a keen eye.

Co-owner Amanda Staveley said they have the same ambitions as Manchester City and PSG
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