FILE PHOTO: Saudi Minister of Finance Mohammed al-Jadaan gestures as he speaks during a news conference to announce the country's 2021 budget, in Riyadh, Saudi Arabia December 15, 2020. REUTERS/Ahmed Yosri/File Photo
(Reuters) - Premier League clubs passing a temporary rule to stop teams from agreeing sponsorship deals with companies linked to their owners shows Newcastle United's rivals are worried, Saudi Arabia's Finance Minister Mohammed Al-Jadaan said on Thursday.
Newcastle were taken over earlier this month for 305 million pounds ($420.50 million) by a consortium 80%-led by Saudi Arabia's PIF sovereign wealth fund which is chaired by the Saudi Crown Prince Mohammed bin Salman.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
