April 2, 2023

Dubai Week

Complete Dubai News World


Saudi Arabia’s attempt to buy the club is not huge

Mike Ashley, owner of United in Newcastle, said he had turned down a bigger offer than the transfer of ownership of the English Premier League club to a Saudi-led group.

The English Premier League announced on Thursday the sale of Newcastle to a group comprising Saudi Public Investment Fund, BCB Capital Partners and RB Sports and Media.

In an interview with The Sun, Ashley said: “I want everyone to know that I’ve got a bigger offer to sell the club than I have accepted.

He explained: “But I think the offer we have accepted from the current new owners will serve the interests of the club better. Money is not important to me because sometimes I have intervened financially to save United in Newcastle and continue it.”

Ashley added: “We made sure to get paid when we went down in the hope that we would go back up again. After that I was a very happy person when we went up again.”

Ashley noted the need to sell the club to ensure it continues to compete at the top level.


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