“Newcastle United’s Takeover by Saudi Arabian Sovereign Wealth Fund: What it Means for English Football”

When it became clear that the foreign investor would take over their club, thousands of fans gathered in front of the stadium, singing and dancing, and many wore sheikh costumes. That Newcastle United Football Club, founded in 1892, is now owned by the Saudi Arabian sovereign wealth fund? It doesn’t matter, the main thing is finally money to attack the Abu Dhabi construct Manchester City in the English league – and of course the people’s club Liverpool FC, which has long been owned by a US holding company.