Tag Archives: Arsenal

Newcastle United: buying a football club can still be lucrative – with the right business tactics

Shutterstock/Michael715 Christina Philippou, University of Portsmouth Many Newcastle United fans cheered the announcement on October 7 that their club had finally been sold for £305 million. The sale, to a consortium headed up by Saudi Arabia’s sovereign wealth fund, adds to a long list of clubs bought by the mega-rich, including Manchester City (owned by Sheikh Mansour), Arsenal (Stan Kroenke) …

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