Fans of Newcastle United have been reacting to a post on Twitter, which shares information from a recent article published by Bloomberg.
The article shares an image of the investments that Saudi Arabia’s Public Investment Fund has made over recent months, which includes a $320 million (£255 million) figure for the acquisition of Newcastle United, which is “yet to close”.
In reaction to the information, which was relayed on Twitter by NUFC 360 on Twitter, fans of the club have flocked to have their say on the matter, with many suggesting that they are going crazy while waiting for the deal to be finalised.
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Article from Bloomberg, a very reliably outlet, has this in it and confirms the PIF “has agreed to purchase a majority stake in Newcastle United.” https://t.co/dhbGylxYse pic.twitter.com/r1dLqaGn7A
— NUFC360 (@NUFC360) May 1, 2020
My head is done in. My thumb is hanging off after scrolling and refreshing every 5 seconds for three weeks. Someone announce something man!
— Woodster (@WoodyLad8) May 1, 2020
Cans?
— Kyeron100 (@kyeron100) May 1, 2020
I think it’s about reassuring fans who may know, but seem to be panicking.
— Scottie Talks Sports (@scottiesports) May 1, 2020
So this means that money is being transfered?
— twence (@twence) May 1, 2020
Dose this mean #cans ?
— David Armour (@DavidArmour20) May 1, 2020
We have known that for ages. It shows the deal is not closed.
— thereal andrew young (@temperamentalan) May 1, 2020
What do we think?
While this is indeed news that many fans of Newcastle appear to already be aware of, it seems that the post’s objective was to reassure some fans who may be feeling slightly anxious about the legitimacy of the deal.
However, while the deal looks to be in the latter stages of its completion, it would appear that both Newcastle and their potential new owners are still awaiting Premier League approval.