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Newcastle takeover 'close to being sanctioned' according to buyers side
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dailystar.co.ukNewcastle, backed by Saudi Arabia's Public Investment Fund, is reported near to being sanctioned.The Premier League has spent the past two months deciding whether to approve a £300m deal for the Magpies.The takeover is led by financier Amanda Staveley and includes Saudi Crown Prince Mohammed bin Salman with Newcastle expected to be one of the wealthiest clubs in the world should the deal be completed.There has been plenty of controversy surrounding the deal though witth the World Trade Organization ruling that Saudi Arabia is behind a pirate satellite TV and streaming service that offers illegal access to sporting events.Though the Guardian report that the deal is finally near to being sanctioned, edging a takeover nearer.Many expect.
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