
2021 takeover of Newcastle United F.C.
Takeover of football club led by Public Investment Fund

Takeover of football club led by Public Investment Fund
The 2021 takeover of Newcastle United F.C. by a consortium of the Saudi Public Investment Fund (PIF), PCP Capital Partners, and the Reuben Brothers was a takeover proceeding that commenced in April 2020 and was successfully concluded in October 2021. The takeover process gained notoriety for allegations of improper conduct against the Premier League through a purported deliberate misapplication of its Owners' and Directors' test to block the deal, following allegations of undue influence from the Qatari-owned beIN Sports (with whom Saudi Arabia have strained bilateral relations) and rival clubs to Newcastle United. Wider debates ensued regarding fan privacy, impact on the Premier League and UK-Saudi Arabia relations, and perceived sportswashing. After interventions from then-Prime Minister of the United Kingdom, Boris Johnson, and the governments of Saudi Arabia and Qatar, the takeover process lasted for 18 months, and was completed in October 2021. Supporters of the takeover cited a lack...
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