Saudi fund in talks to buy Newcastle Utd

Updated January 26 2020 - 5:03am, first published 4:59am
Mike Ashley is in talks to sell EPL club Newcastle United to a Saudi sovereign wealth fund.
Mike Ashley is in talks to sell EPL club Newcastle United to a Saudi sovereign wealth fund.

Saudi Arabia's sovereign wealth fund is in talks to buy English Premier League club Newcastle United for about STG340 million ($A651 million), a source familiar with the situation told Reuters, confirming a report in the Wall Street Journal.

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