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Proposed Take-Over Of Newcastle United Has Fallen Through.

: 07/30/2020 - 16:59

The proposed takeover of Newcastle United by a Saudi backed investment fund has fallen through.

It's been seventeen weeks since a deal was agreed with current owner Mike Ashley to buy the club for 300-million pounds.

The group says it's pulled out of the sale due to “the prolonged process" and the "global uncertainty" caused by coronavirus.

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