Newcastle allowed Saudi sponsorship deals

Newcastle allowed Saudi sponsorship deals

Newcastle allowed Saudi sponsorship deals

Newcastle allowed Saudi sponsorship deals

Newcastle allowed Saudi sponsorship deals

Newcastle United will let sponsorship deals with Saudi Arabian companies as long as

the Premier League considers them fair market value.

On Tuesday Premier League shareholders removed the temporary block put on the club since its controversial takeover.

Clubs have been uneasy over the takeover, which prompted Premier League chairman Gary Hoffman to decide to step down
at the end of January 2022.

The Premier League board will decide what is “fair market value”.

There was a concern Newcastle could sign deals with companies closely aligned to the Saudi Arabian Public Investment Fund

that provided much of the finance for the takeover, and which would be used to inflate their spending capacity under

Financial Fair Play rules.

Newcastle are in a relegation scrap which they sit in the 19 place of the current Premier League table but Howe will build the team

to be more better than now.

About the Author

ใส่ความเห็น

อีเมลของคุณจะไม่แสดงให้คนอื่นเห็น ช่องที่ต้องการถูกทำเครื่องหมาย *

You may also like these

PowerFul By Rufeo