He consortium of Saudi Arabia, PCP Capital Partners, It has been retired from purchase of the Newcastle
Unitedteam Premier League English. After months of talks, the talks he sees inside not having reached a agreement between the consortium, in which the the prince of the crown of Saudi Arabia, Mohammed bin Salman, and the club.
“The process has dragged on with no end in sight and the commercial agreement between the investment group and the club’s owners has expired. We were excited to invest in the city and we believe that we could have returned the club to its historical position, “said PCP in a statement.
According to rumors, the PCP consortium seemed interested in paying £ 300 million the current owner, the British businessman Mike Ashley, for club property. In fact, the agreement had been given by closed on several occasions.
However, the Premier League I had the magnifying glass on the sales process due to the multiple voices that asked that it be stopped. International Amnesty had advocated a purchase ban because of the crimes against the human rights of those who are accused Saudi Arabia, As the
murder of the journalist Jamal Khashoggi
.
