Newcastle takeover arbitration hearing adjourned to 2022

Newcastle United’s arbitration proceedings against the Premier League over last year’s aborted takeover bid have been adjourned until early 2022. Both parties have agreed to go to arbitration in early 2022 due to issues with the disclosure of evidence.

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Formula 1 to race in Saudi Arabia in 2021

Saudi Arabia will join the Formula 1 calendar with a night race in the 2021 season. A street circuit in Jeddah will stage the inaugural race in November of next year. Saudi Arabia becomes F1’s third race in the Middle East joining Bahrain and Abu Dhabi.

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Saudi take over of Newcastle United collapses

A Saudi Arabian-backed consortium has ended its bid to buy Newcastle United. The group, which included Saudi Arabia’s sovereign wealth fund PIF, PCP Capital Partners and Reuben Brothers, had agreed a £300m deal to buy the club from Mike Ashley in April.

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