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Officials at England club Newcastle have revealed they are involved in a legal dispute with the English Premier League, due to the failed acquisition deal submitted by the Saudi Investment Fund.
The Saudi Fund announced the withdrawal of the agreement after the end of the period specified for the implementation of the trade agreement with the owners of the club, in addition to the lack of clarity regarding the conditions and criteria under which the matches will take place and others, according to a statement released in July by the Saudi Public Investment Fund.
Club officials have confirmed they will take legal action, blaming the League of League for the failure of the deal, stressing their desire to have a court hearing.
Last August, British Prime Minister Boris Johnson demanded: The Premier League must explain the reasons for the failure of the deal between the club Newcastle United and the Saudi Investment Fund, which announced last July that ‘she had officially pulled out of buying “Newcastle” after things went on longer than expected.
Newcastle English Premier League
Anger in Newcastle, England. A legal battle after the failure of the Saudi agreement
Khaled Ali
Previously
2020-11-20
Officials at England club Newcastle have revealed they are involved in a legal dispute with the English Premier League, due to the failed acquisition deal submitted by the Saudi Investment Fund.
The Saudi Fund announced the withdrawal of the agreement after the end of the period specified for the implementation of the trade agreement with the owners of the club, in addition to the lack of clarity regarding the conditions and criteria under which the matches will take place and others, according to a statement released in July by the Saudi Public Investment Fund.
Club officials have confirmed they will take legal action, accusing the League of League of reasons for the deal’s failure, stressing their desire to have a court hearing.
Last August, British Prime Minister Boris Johnson demanded: The English Premier League must explain the reasons for the failure to reach the deal between the club Newcastle United and the Saudi Investment Fund, which announced last July that she had officially pulled out of the purchase of “Newcastle” after things went on longer than expected.
November 20, 2020 – Rabi` al-Thani 5, 1442
13:24
Officials at English club Newcastle have revealed they are involved in a legal dispute with the English Premier League, due to the failed acquisition deal submitted by the Saudi Investment Fund.
The Saudi Fund announced the withdrawal of the agreement after the end of the period specified for the implementation of the trade agreement with the owners of the club, in addition to the lack of clarity of vision regarding the conditions and criteria under which matches will take place and the like, according to a statement released in July by the Saudi Public Investment Fund.
Club officials have confirmed they will take legal action, accusing the League of League of reasons for the deal’s failure, stressing their desire to have a court hearing.
Last August, British Prime Minister Boris Johnson demanded: The Premier League must explain the reasons for the failure to reach the deal between the club Newcastle United and the Saudi Investment Fund, which announced last July will be officially withdraw from the purchase of “Newcastle” after things have gone on longer than expected.
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