‘No one acquisitions a soccer team making money’… very what is actually about Saudi picking right up Newcastle Joined
“Many people believe recreations try a question of life-and-death. We assure you, it is much more serious than just one”
Saudi Arabia has just inserted their neighbours, Qatar (Paris Saint Germain) therefore the UAE (Manchester City), from the higher echelons out-of activities control featuring its purchase of Newcastle Joined, obstinately made from the Saudi Public Capital Financing or PIF. The stakes within European activities have inexorably altered the new landscape out-of the overall game and you will started severe argument across the competition and you may name of athletics, additionally the moral effects out of making it possible for dishonest in the world stars to utilize activities as an easy way of laundering their reputations.
The most significant concern surrounding the newest Newcastle takeover is how it enacted the brand new Premier League’s so called ‘match and you will standards’ test which had been built to avoid people related which have accusations off wrongdoing from purchasing a soccer team.