Wednesday, August 5, 2020

Newcastle will not be the richest club. The Saudis will not buy it, they have lost patience

Must read

The Quai Branly exhibits the images of 26 contemporary artists, from Thailand to the Congo: our selection

The Quai Branly museum returns to major photography exhibitions and presents the works of 26 contemporary artists from 18 countries."To you belongs the look...

Steven Van Gucht: “Second wave is not only a problem for … (Antwerp)

Thirteen municipalities already have more than 1 in 1,000 infected people in the past week. Virologist Steven Van Gucht said this on Monday...

Coronavirus, covid-19 | Moss: – The outbreak has been a great burden for those involved

Three new cases of infection in Moss in the last 24 hours. Moss municipality reports on Monday morning about three new cases of...

Bankruptcies of large companies doubled in Q2

Large company defaults doubled year on year globally in the second quarter, with the risk of a domino effect on smaller companies, credit insurer...

The Newcastle football club will not change owners. The consortium from Saudi Arabia, which according to the media was prepared to pay 300 million pounds (8.7 billion crowns) for the thirteenth whole of the last year of the English league, withdrew its offer.

Club owner Mike Ashley has already agreed with those interested in Saudi Arabia, but the agreement still had to be sanctioned by the Premier League management after checking the integrity of the new owners.

However, the review dragged on and the consortium’s representatives ran out of patience, according to the BBC.

The Saudi side cited the uncertainty of the world market as a reason, due to which the investment in the club would no longer pay off. Another reason was the unclear fate of the new year.

“As is often the case in such cases, the biggest enemy of trade was time. Especially in times of major problems, such as the covid-19,” the consortium said in a statement.

.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest article

The Quai Branly exhibits the images of 26 contemporary artists, from Thailand to the Congo: our selection

The Quai Branly museum returns to major photography exhibitions and presents the works of 26 contemporary artists from 18 countries."To you belongs the look...

Steven Van Gucht: “Second wave is not only a problem for … (Antwerp)

Thirteen municipalities already have more than 1 in 1,000 infected people in the past week. Virologist Steven Van Gucht said this on Monday...

Coronavirus, covid-19 | Moss: – The outbreak has been a great burden for those involved

Three new cases of infection in Moss in the last 24 hours. Moss municipality reports on Monday morning about three new cases of...

Bankruptcies of large companies doubled in Q2

Large company defaults doubled year on year globally in the second quarter, with the risk of a domino effect on smaller companies, credit insurer...