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The plan to buy Newcastle by the Saudi Arabian Sovereign Fund (PIF), led by Crown Prince #mohammed#ben#salman, was formalized on Thursday by the club and the Premier League.
The Saudi Arabian Sovereign Fund (PIF), which made a first offer on April 9, 2020 before retracting in July. More than a year later, the PIF will hold up to 80% of the club's shares. English media are talking about a sale deal worth around 352 million euros for the current 19th Premier League club. Which puts an end to the era of Mike Ashley, which had lasted since 2007.
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