Hatice Cengiz, the fiancee of Washington Post columnist Cemal Khashoggi, who was killed in Saudi Arabia’s Consulate General in Istanbul in October 2018, reacted to the purchase of the English Premier League team Newcastle United by Saudi Arabia’s Public Investment Fund (PIF).
Cengiz said in a statement that it is “a real shame for Newcastle and English football” that the club now “belongs to the person responsible for Khashoggi’s murder (Crown Prince Mohammed bin Salman)”.
£305 MILLION CONTRACTS SIGNED
The club announced last night that it has been acquired by PIF in a long-awaited £305m takeover contract.
Last year, the Premier League refused to be bought by PIF due to its ties to the Saudi state.
Amanda Staveley, who brokered the deal, stated that the issue with the Saudi state’s control of the fund has been resolved.
‘WE WAITING TO WORK WITH US’
“He looks forward to working with us to develop the team in the interests of PIF and Newcastle fans,” Staveley told the BBC.
When asked whether the Riyadh administration would be involved in the club’s affairs, Svaveley replied, “Absolutely not. Our partner is not the Saudi state, but PIF.”
Cengiz, together with Amnesty International, had previously called on Newcastle not to carry out this transfer.
‘Murder must be said no’
Before the signatures were signed, Cengiz argued that the agreement would “help the murderers show that they are clearing their crimes”.
“The league needs to set an example for football fans and all people should say no to murder,” Cengiz said.
BECOME THE WORLD’S RICHEST CLUB
The total transfer fees of each Newcastle player are only 0.3 percent of PIF’s wealth.
The fund is worth 10 times that of City Football Group, owner of Manchester City, the richest in the Premier League.
For example, the contract made Newcastle the richest club in the world. Prior to that, the seat was in the French squad for Paris Saint-Germain (PSG). The current value of the Qatar Investment Authority, which owns the club, is now $299 billion.
The deal, which ends British billionaire Mike Ashley’s 14-year reign over Newcastle, is also expected to pave the way for some major spending on future signings.
Just like Newcastle, Manchester City was a fairly low profile team before the ultra-rich vice-president of the United Arab Emirates (UAE) Sheikh Mansour decided to buy the club in 2008.
Newcastle’s new owners are about 11.5 times more wealthy than Mansur.
Source: Cumhuriyet Gazetesi – Güncel by www.cumhuriyet.com.tr.
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