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Newcastle Takeover Delayed Due to Concerns Over Link Between PIF & Saudi State

tate Newcastle United's proposed Saudi-backed takeover has been delayed because Premier League officials want to further investigate the link between the Saudi Arabian state and the Public Investment Fund. The PIF, which is governed by Crown Prince Mohamed bin Salman, is looking to take an 80% stake in Newcastle, with 10% owned by businesswoman Amanda Staveley and another 10% by the Reuben family. Bin Salman's PIF agreed a deal to buy Newcastle in April A deal to sell the club was agreed back...

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