- Newcastle United have been taken over by the Saudi Arabian Public Investment Fund after a staggering payment of £320bn
- Although Mike Ashley had approved the sale of the club for £300bn last summer, the deal was rejected by the Premier League
- After it was concluded that Saudi Arabia will not control the club, the Premier League finally agreed to the deal
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Following the stunning takeover of Newcastle United by the Saudi Arabian Public Investment Fund for £320bn, the Premier League side is now the richest football club – by far.
There had been a long-standing feud between the club owners and fans as regards lack of funding as well as the club ambition and fans urged Mike Ashley to sell the club.
The takeover returned to the table after Saudi Arabia agreed to lift its four-year ban on beIN Sports to allow the Premier League to be broadcast legally in the Middle Eastern country once again.
The Saudi Arabia-backed consortium had a £300million bid rejected by the Premier League last summer despite that Ashley had approved the deal, but now they have taken over the club after a payment of £320bn.
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Consequently, the Saudi consortium reportedly own 80 percent of the club, while Amanda Staveley and the Reuben brothers evenly splitting the remaining 20 per cent.
UK outlet SunSport have now compared the new Newcastle United owners against the richest football club owners across the globe.
Top ten richest club owners
1. Newcastle – Saudi Arabia Public Investment Fund – £320bn
2. Man City – Sheikh Mansour – £23.3bn
3. RB Salzburg, RB Leipzig - Dietrich Mateschitz - £15.7bn
4. Juventus - Andrea Agnelli - £15.7bn
5. Chelsea - Roman Abramovich - £9.6bn
6. LA Galaxy - Philip Anschutz - £8.1bn
7. Arsenal - Stan Kroenke - £6.8bn
8. PSG - Nasser Al-Khelaifi - £6.5bn
9. Inter Milan - Zhang Jindong - £6.2bn
10. Wolves - Guo Guangchang - £5.2bn
Lionel Messi, Robert Lewandowski, Jorginho Named in Top 15 Favourite Players for the 2021 Ballon d'Or
Meanwhile, Briefly News reported that following Copa America glory back in the summer, Argentine legend Lionel Messi joins a few contenders for this year’s coveted Balon d’Or award.
The former Barcelona captain also had a terrific season before he was forced out of the Spanish club as he joins French Ligue 1 side Paris Saint-Germain during the summer, MEN reports.
Also, Champions League winners for Chelsea Jorginho and N’Golo Kante are also tipped to contend with Messi for the prestigious award, but Bayern Munich striker Robert Lewandowski cannot be ruled out.
Italian goalkeeper Gianluigi Donnarumma was also tipped to win the Yashin Trophy following his exploits that saw Italy win Euro 2020 during the summer as he is expected to see off challenges from Edouard Mendy and Ederson