Saudi Prince Bin Salman renews Man Utd takeover interest after Newcastle U-turn

Saudi Prince Mohammed bin Salman has reportedly performed a U-turn over Newcastle as he instead eyes up a Manchester United takeover.

Bin Salman was linked with a takeover of the Red Devils last year via Saudi Arabia's Public Investment Fund, his key investment tool.

But details of negotiations with Premier League rivals Newcastle United were leaked last month with British financier Amanda Staveley leading a consortium heavily backed by Bin Salman.

The Sunday Mirror exclusively revealed earlier this month that the Saudi Crown Prince still had not given up interest on United.

And the Shields Gazette now claim he has cooled his interest in Newcastle and could now turn his attentions to the Red Devils, considering them "a Premier League jewel in the crown, rather than relegation contenders".

They were eyeing a £345million takeover of the Magpies but are said to have cooled their interest after being left angry details were leaked, with the involvement of Staveley also an issue for both the proposed buyer and seller.

A move to try and acquire Manchester United from the Glazer Family could now be on their radar, although the club is valued at a huge level of around £3billion.

Prince Mohammed's economic reform plans for Saudi Arabia have featured a major focus on sport and entertainment, including taking Anthony Joshua's rematch with Andy Ruiz Jr to the country last year in a money-spinning bout.

Source: Read Full Article