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Newcastle was acquired by a Saudi investment group
Now it's official: after 14 frustrating years with the infamous Mike Ashley and some delays in approving the huge deal, the sale of the Magpies has been approved for the new owners who will pay around £ 300 million. Steve Bruce is expected to leave, dear players will come?
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Thursday, 07 October 2021, 11:58 Updated: 19:41
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After 14 torturous years with the hated Mike Ashley and over 18 months of negotiations, Newcastle is moving into new hands after the purchase deal was completed by a Saudi investment group for no less than £ 300 million.
This deal received an official seal during the day, following negotiations that reached the advanced stages earlier. Newcastle's official Twitter account tweeted that the sale was finally completed.
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Mike Ashley, The End (Photo: GettyImages, Richard Heathcote)
This acquisition should completely change the team that will invest much more money in the hope of returning to the top of English football.
In England it is claimed that veteran coach Steve Bruce will be the first to pay the price and at best will be sacked at the end of the season, if not already now.
Although it is not clear who is behind the Saudi investment company, Newcastle fans polled and over 93 percent were in favor of this deal that would put an end to the rule of Mike Ashley, the club's owner since 2007. Newcastle also started the current season very badly and are one of four unbeaten teams After seven cycles.
In recent years the team has been at the center of the table at best, but has usually struggled at the bottom.
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