8 huge takeovers which went badly wrong as Newcastle prepare for mega-money Saudi ownership
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dailystar.co.ukNewcastle United, after years of failed negotiations, finally look set to complete a takeover. Current owner Mike Ashley may finally be willing to hand over the reins, and the Magpies could have a sizeable budget to work with given expected investment from Mohammed bin Salman.
What better time, then, to look at a series of club takeovers that got fans’ hopes up, but ultimately failed to deliver. When Yeung, a Hong Kong businessman, bought Birmingham City for £81.5m in 2009, he promised fans the world.
The club, he said, would become a "global brand", a team with supporters in Asia and beyond if they took on his "connections and expertise".
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