A £300 million Saudi Arabia’s bid to takeover English Premier League club Newcastle United has provoked criticism from human rights groups as well as Qatar-based sports broadcaster beIN Sports.
The current owner of Newcastle United, British billionaire Mike Ashley, put the club up for sale in 2017; he has owned the club since 2007.
Were the deal to go forward, Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), would hold an 80% of the club’s share. Crown Prince Mohammed bin Salman is the chairman of the PIF.
Piracy and diplomacy
BeIN Sports said that Saudi Arabia runs