04 Mar 2022 | 13:11 | Football
Mason Mount’s rise from Chelsea youth level
In October 2021, Newcastle had a new owner, when PIFSaudi spent £ 305 million to buy back all the shares from Mike Ashley, thereby becoming the new leadership of “Shoot”. The head of PIFSaudi is Crown Prince Mohammed Bin Salman of the Saudi royal family.
The past few days, the media was shaken when Roman Abramovich offered to sell Chelsea. The 55-year-old billionaire had no choice but to face public pressure when Russia sent troops to attack Ukraine. Abramovich was forced to give up The Blues to protect the image of the club, and at the same time avoid being revoked by the British government if punished.
Recently, Newcastle co-owner Amanda Staveley revealed to the Financial Times: ” We had the opportunity to get to know Chelsea – a great club – but there was only one club for us, only 1. ”
Abramovich is said to want to collect £3 billion from the sale of Chelsea. Meanwhile, the PIFSaudi fund has total assets of up to £320 billion, with enough capacity to buy back The Blues. However, Premier League regulations do not allow owners to have more than 1 club.
BLD Newcastle strongly supported the team in the last January transfer window, to help “Chicken” avoid the risk of relegation. The home team of St James’ Park has made a strong transformation when it has climbed to 14th place in the rankings.