All the latest news
After months of speculations that the takeover was about to get the green light, the Premier League pulled the plug on the deal last month.
Newcastle United takeover bid collapsed after the consortium that had submitted the bid to hold the reins of the Magpies failed to answer one simple question.
Daily Mail columnist Martin Samuel claims that the parties’ failure to answer who exactly would be in charge of Newcastle after the takeover that led to the collapse of talks between the Premier League and the consortium interested in the takeover.
Many issues including broadcast piracy, potential reputational damage and the human rights abuses were swirling in the background but the final issue that made sure that Newcastle would start the next season under Mike Ashley and not their new owners was a simple one.
Who will own Newcastle after the takeover? It was their inability to answer this question that stopped the Saudi Public Investment Fund and Amanda-Steveley backed Reueben Brothers from taking over the reins of one of the most popular franchises in English football.
The 20-year-old England international, who has three years remaining on his contract with Borussia Dortmund, has been valued at around 120m by the German club.
Earlier reports claimed that Sancho had agreed terms with the Red Devils but the recent news coming out of the Man Utd camp suggest that the Old Trafford outfit are determined not to repeat mistakes of the past where agents pocketed huge fees for the players they signed.
United expressing unease of agent fees isn’t the first time the Red Devils have pulled the plug on the deal because of transfer fees. Back in 2018 the club decided against signing defender Yerry Mina because of the exorbitant commission demands of his agent.
Despite becoming the first German side this season to qualify for the UEFA Champions League semi-finals, Die Rotten Bullen successes aren’t well received in their country.
RB Leipzig has gone from being founded in 2009 to the semi-finals of the Champions League in just over a decade but their success hasn’t won them many fans in German football.
The club’s association with US company Red Bull that created it from scratch in 2009 and added the initials RB to its name is what makes fans of other German teams hate them with a vengeance.
Supporters of Borussia Dortmund have been particularly vocal in their criticism of Leipzig, with some of their banners in recent years stating: ‘Beer is a passion, RB only a fashion’.
Other clubs’ fans have also aimed their displeasure toward Die Rotten Bullen but it hasn’t affected Julian Nagelsmann’s side who are hoping to become the first Bundesliga side since Bayern Munich in 2013 to reach the Champions League finals.
I’d like to invite you to become Ligaliveplus member. Getting smarter, being entertained, spotting deals. Coming soon.
Akte FC Bayern. The Bayern Munich Files. The rise of the average. From local hero to world-class.