Manchester United not up for £4bn takeover as Saudi Prince seeks £300m Newcastle deal

Saudi prince Mohammed Bin Salman is rumoured to be closing in on a Newcastle United takeover from current owner Mike Ashley. As per recent reports, a £300m deal is in place for PCP Capital led by Amanda Staveley to buy Newcastle United from Mike Ashley. Staveley will have have  backing of Mohammed Bin Salman's Saudi Arabia’s Public Investment Fund, which will take an 80% stake in club. This means that Manchester United's potential takeover by Saudi Prince is all but over.

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Manchester United's hopes of a £4bn Saudi takeover are all but over as Mohammed bin Salman closes in on £300m Newcastle deal

Manchester United were rumoured to be on verge of a takeover by a Mohammed Bin Salman-led group of investors last year. Mohammed Bin Salman had reportedly contemplated idea of making a £4bn bid to purchase club from current owners - Glazer family. However, Manchester United CEO Ed Woodward reiterated that Glazer family were making long-term plans for future of club. news of Newcastle United takeover will stop any rumours of a potential sale of Manchester United, at least for w.

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Newcastle United fans cant wait for Mike Ashley to give up club ownership

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