Thursday’s Most Important Stories From The Business Of Footbal: Saudi-backed consortium pulls out of Newcastle bid; CAS verdict cast light on the reason for overturning UEFA’s City ban; Prosecuters launch legal proceedings against Infantino

30 July 2020

Newcastle FC
Photo: PA Images Amanda Staveley, who was part of the consortium that wanted to buy Newcastle United Football Club of Mike Ashley, has announced that the Saudi backed consortium won't make the purchase of the North Eastern club.
Kasper Kronenberg kk@offthepitch.com

1. Investors pull out of Newcastle deal

Saudi Arabia's Public Investment Fund, PCP Capital Partners and Reuben Brothers has withdrawn from the process to buy Newcastle United Football Club.

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