Newcastle United's recent takeover by a Saudi-led consortium known as Public Investment Funds (PIF) has a number of implications for the English clubs. They are now destined for greatness, and they may even compete with the league's other top clubs in future seasons. Everyone now believes that the takeover of the club ownership, which has ended Mike Ashley's 14-year control of the club will provide them with the much-needed funds for the team's progress.
They are thought to have greater capacity to sign major players who will help catapult the team to success in the English Premier League and around Europe. The club is now ready to return to its former glory days, when great players like Alan Shearer and others were still on the books.
They could be demoted from their present Big-Six status. This is due to the fact that the current owners of these teams are often hesitant to release funds required for their developments. Their owners, Stan Kroenke (Arsenal) and Daniel Levy (Tottenham), are thought to be more profit-driven than football lovers.Stan Kroenke (Arsenal club owner)
Daniel Levy (Tottenham club owner)
If the takeover of Newcastle United is not to have negative impacts on these two teams, they must prepare.
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