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Newcastle takeover live: Latest news as Saudi-led consortium complete deal for Premier League club - The Athletic

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It is the day Newcastle United fans thought would never come. Mike Ashley has gone and after 14 difficult, contentious years on Tyneside, new owners are in place, backed by the financial might of the Saudi Arabian state.

Those owners have the potential to be transformative for a club which has struggled for meaning during the Ashley era, whose squad and infrastructure have been neglected and whose remit, in the recent words of Steve Bruce, the head coach, is to keep “ticking along” in the Premier League.

Supporters wanted hope. Now they have it.

Yet if it has been a bumpy road under Ashley, it is likely to remain so. The involvement of Saudi’s Public Investment Fund (PIF) raises uncomfortable questions about sports-washing, morals and geopolitics but it is also what brings such excitement. The Amanda Staveley-fronted consortium has a vision to invest in the football club and also the wider region.

As usual with Newcastle, nothing is straightforward and the same applies to the dramatic conclusion to a saga that has dragged on for 18 months and appeared to be bogged down in legal conflict.

Finally — and from the blue, after all this time — it is over. Below, we answer the most pressing questions.

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October 08, 2021 at 01:45AM
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Newcastle takeover live: Latest news as Saudi-led consortium complete deal for Premier League club - The Athletic
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