Saudi-Backed Bid For Newcastle Withdrawn As ‘No Longer Commercially Viable’
File photo: Newcastle players react after Newcastle United’s US defender DeAndre Yedlin scored an own goal for Chelsea’s second during the English Premier League football match between Newcastle United and Chelsea at St James’ Park in Newcastle-upon-Tyne, north east England on August 26, 2018.
“With a deep appreciation for the Newcastle community and the significance of its football club, we have come to the decision to withdraw our interest in acquiring Newcastle United Football Club,” the investment group said in a statement reported by Sky Sports.
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