Premier league is popularly known as the most watched and most competitive league in Europe. Their owners are also knowing for pumping money in the club when it comes to transfer markets and other up keep in the club.
Six clubs are knows as the giants in English football due to their rich owners and their histories. They attract so many good players both young promising stars because of the history they have made in the past.
There are few clubs in English Football that have made history but have been ruined by their owners. Their owners embezzling money from the club without investing with their own money leaving the club with a lot of debt.
Newcastle United is one of those successful clubs that were ruined by their owners and they have been swept under the carpet due to the poor run of financial aspects of the club.
They were known for attracting wonderful players to the club and raising young talents in their academy but couldn’t keep to the likes of Manchester United and Liverpool due to their owners. They had two of the most deadliest strikers in Alan Shearer and Andy Cole back then.
They are set to be rescued by the Saudi Arabia’s prince who’s net worth is hundred times more than Sheikh Mansour ( Manchester City owner) who is currently the richest football owner.
The Saudi State had issues with BeIN sports over illegal streaming of premier league football games and couldn’t complete the deal last time they wanted to complete it. But as it stands the issue has been ressloved and the take over is now completes.
Content created and supplied by: Sportsupdats (via Opera News )