LONDON: Newcastle United find themselves in a strange limbo but on Wednesday night, it seems, the takeover of the club by the Dubai-based PCP Capital Partners Middle Eastern investment fund took a significant step forward. It is a saga that had dragged on for so long, that many fans had begun to lose hope of the takeover happening at all; after all, it wouldn’t be the first time their owner Mike Ashley had prevaricated on a deal with the result that the potential buyers had drifted off.
The whole season has been played out in the shadow of the takeover. Newcastle are battling in the Premier League with a Championship squad, with Ashley understandably reluctant to invest in players for the benefit of a new owner. Even with Amanda Staveley, the financer fronting the deal, increasing her offer to a reported £300 million ($400 million) on Wednesday, though, it is unlikely any resolution will be swift and it could be late January or even February before the takeover is completed. That would be too late for the January transfer window, which could have serious consequences for the club in terms of avoiding relegation. Exactly who is backing the fund remains unclear, although it is thought the main driver is from the Arabian Gulf. Newcastle fans won’t care.
After a decade of battling Ashley and his cost-cutting and crassness, there’s a sense that almost any owner is better than the one they have. It is, of course, nothing new for Premier League clubs to be under foreign ownership. Only seven of the 20 clubs are majority-owned by British concerns.
The Premier League is increasingly a global league that happens to be hosted by England (and Wales). Newcastle will look at the last deal Staveley fronted — Sheikh Mansour’s takeover of Manchester City in 2009 — and feel a surge of optimism. Whatever dark mutterings there may have been about City buying success (as though every successful club in the past 40 years or so of English football didn’t in part owe its position to economic advantages), or Mansour’s reasons for investing in English football — it would be naïve to believe he has done it solely because he enjoys the game, or because he believes it will secure a healthy return on investment — the result has been a team playing the best football in the world at the moment.
You do not have to be a City fan to see his ownership of the club as a positive, and that is without even considering all the investment that has gone on to redevelop what had been a run-down area of east Manchester.
The general perception of the Qatari investment in PSG is rather less positive. They too have played some thrilling attacking football this season, breaking the Champions League group stage goalscoring record.
The signings of Neymar and Kylian Mbappe, though, were so brash and created such an imbalance in the squad that it was hard to interpret them as having been made for purely football reasons; rather this was a display of financial muscle, a slightly vulgar expression of soft power that, frankly, made a mockery of Financial Fair Play regulations. Everton, meanwhile, serve as a cautionary tale closer to home for Newcastle of Middle-Eastern investment and what can go wrong when money is sent without a plan.
While PSG will almost certainly win Ligue 1 and should be challengers for the Champions League, Everton, after a summer in which they spent €158 million (albeit recouping €107.4 million), found relegation such a threat they were forced to part company with Ronaldo Koeman and appoint Sam Allardyce, a step that has driven them up the table but is hardly the move of a progressive club building for an exciting future. It’s a familiar theme. Success in football is almost impossible without money but money in and of itself is not sufficient to bring success. Squads must be blended with care and attention. It has taken City eight years to get to this stage, appointing former Barcelona executives to entice Pep Guardiola and then buying him the players he needed.
Staveley’s takeover, if it goes ahead, will solve only one of Newcastle’s problems, that of Ashley. Beyond that, it’s an opportunity, and one that will increase the influence of the Middle East in European football.
Middle East money bound for Newcastle
Middle East money bound for Newcastle
Sebastian Munoz shoots 6-under 65 to lead LIV Singapore after the first round
SINGAPORE: Sebastian Munoz of Colombia shot a 6-under 65 on Friday to lead after the first round of the LIV Golf tournament in Singapore.
Six players were a shot back after rounds of 66 at the Sentosa Golf Club in Singapore — Thomas Pieters, Brooks Koepka, Cameron Tringale, Abraham Ancer, Martin Kaymer and Kevin Na.
Munoz, who opened with a 1-over 72 in his first round a week ago in Australia, found himself back on track in Singapore.
“Really happy where the game is right now and kind of trending,” Munoz said.
Koepka, who started on the third hole in the shotgun-style format, birded five of his first seven holes in usual steamy conditions in Singapore.
After being asked if he played better in warm-weather climates — he has won twice in Saudi Arabia in 2022 and 2023 at Royal Greens Golf Club in King Abdullah Economic City near Jeddah — Koepka said “I really don’t care where it is, as long as I win.”
Brendan Steele, last week’s LIV winner in Adelaide, Australia, was three shots off the lead after a 68.
Jon Rahm, who has yet to win after joining LIV in December, was four strokes behind following a 69. Rahm, however, is the only player to have finished in the top 10 in all six events in 2024.
The next LIV tournament is June 7-9 in Houston, Texas.
Luton gains valuable point from home draw with Everton
- Luton remained third to last
LUTON, England: Luton got a valuable point in its fight to avoid relegation after a hard-fought 1-1 draw with visiting Everton in the English Premier League on Friday.
Luton remained third to last, below 17th-placed Nottingham Forest only on goal difference. Luton has two games left. Everton has already guaranteed its survival.
Everton took the initiative when Dominic Calvert-Lewin scored from the penalty spot after 24 minutes.
A video review ruled Teden Mengi held Jarrad Branthwaite, and Calvert-Lewin notched his fourth goal in his last five appearances.
Luton bounced back quickly thanks to Elijan Adebayo. The striker scored five in five games before he was injured in February, and almost three months out did not seem to have affected his eye for goal. In his first start since returning, Adebayo collected his 10th goal of the season.
Luton substitute Andros Townsend saw his shot blocked on the line in the dying seconds.
Mitchell Starc shows class as Kolkata Knight Riders notch IPL win in Mumbai
- Kolkata's first win at the Wankhede ground in 12 years and seventh from 10 games this season
MUMBAI: Mitchell Starc picked up four wickets as a disciplined bowling performance helped Kolkata Knight Riders seal a 24-run victory over Mumbai Indians in the Indian Premier League on Friday.
Chasing a below-par 170, Mumbai lost wickets at regular intervals to be bowled out for 145 off 18.5 overs at the Wankhede Stadium.
Suryakumar Yadav raised hopes with a 35-ball 56 but his dismissal in the 16th over tilted the scales in favour of Kolkata.
This was Kolkata's first win at the Wankhede ground in 12 years and seventh from 10 games this season.
Mumbai slumped to ninth position in the 10-team competition after their eighth loss in 11 games.
Kolkata are placed second and well poised to make it to the play-offs.
"Obviously we couldn't form partnerships and kept losing wickets," said Mumbai skipper Hardik Pandya.
"There are a lot of questions that will take time to answer. But for now, not much to say."
Mumbai were off to a shaky start, with Starc flattening the leg-stump of Ishan Kishan (13) and Varun Chakravarthy sending back Naman Dhir (11).
The home team got another big jolt when Rohit Sharma, who came in as an impact sub, miscued a shot to be caught off Sunil Narine for 11.
Pandya's poor run of form continued as he was out for one, much to the disappointment of the strong home crowd.
Yadav hit his third half-century of the season and Tim David chipped in with 24 but Kolkata did well to rein in the five-time champions.
Earlier, Kolkata lost five quick wickets including that of the prolific Phil Salt (five) and skipper Shreyas Iyer (six) after being put in to bat.
Tottering at 57-5, Venkatesh Iyer (70) and impact sub Manish Pandey (42) steadied Kolkata with an 83-run stand and ensured a respectable total on the board.
Iyer, who hit a century at the same ground last season, hit three sixes and six fours in his fighting 52-ball knock.
"It's an extremely good feeling, because we haven't won at Wankhede for 12 years," said Kolkata's Varun Chakravarthy.
"This is a very special win because we were down and out in the first innings. The way Venkatesh and Manish pulled it back was great."
Jasprit Bumrah and Sri Lanka's Nuwan Thushara were the pick of the bowlers, taking three wickets each and troubling the batsmen with their line and length on a lively wicket.
Saudi table tennis players ‘happy’ to compete against world’s best
- Fast-rising stars speak ahead of Saudi Smash 2024, the Kingdom’s first professional table tennis event
- Competition will feature a 64-player men’s and women’s singles main draw alongside a 24-pair main draw for men’s, women’s, and mixed doubles
JEDDAH: Saudi Arabia’s table tennis stars of the future, Abdulaziz Bu Shulaybi and Ali Alkhadrawi, have voiced their appreciation after being given a platform to showcase their talent and compete against the best in the world.
The two spoke on Friday at a press conference ahead of Saudi Smash 2024, the Kingdom’s first professional table tennis event.
Hassan Hayyan, a board member of the Saudi Table Tennis Federation, and head of the competitions and referees committee, attended the conference along with Bu Shulaybi and Alkhadrawi.
Bu Shulaybi said: “It’s a great feeling that a major table tennis event is happening in Saudi Arabia. I have been to many tournaments around the world, but this one really has impressed me — the level of organization is unbelievable, and thanks must go to everyone who has worked hard to make it happen.
“With 20 of the greatest players in the world all involved, going head-to-head with them is an opportunity to compete with the best, learn from them, and ultimately improve.”
Alkhadrawi said: “It’s a dream for any Saudi player to play this tournament. We were very happy to be chosen for this opportunity and to compete against very high-level players.”
“We have received great support,” he said. “We’re very lucky to have the Saudi Table Tennis Federation supporting us.”
He had inspirational words of encouragement for the Kingdom’s emerging talent.
“My message to the next generation of professional Saudi players is that the possibilities are endless. So long as they are disciplined, dedicated, and listen to their coaches, the opportunity and potential are there to reach new heights and make it far in this sport.”
Hayyan said: “Hosting such a major international table tennis event is a testament to the unwavering support we’ve received from the Kingdom’s leadership.”
He said that Saudi Smash “represents the latest chapter in Saudi Arabia’s sports evolution, and we’re sure it will be remembered for many years to come.”
Following three days of qualifying matches from Wednesday to Friday, the main competitions get underway on Saturday, with eight days of world-class table tennis action in store for spectators.
The event consists of a 64-player men’s and women’s singles main draw alongside a 24-pair main draw for men’s, women’s, and mixed doubles.
A series of thrilling showdowns are locked in across each competition after Thursday’s draw, with some of Saudi Arabia’s fastest-rising table tennis stars in action.
World Endurance Championship camel race starts Saturday at AlUla
- Event has a prize pool of more than SR2 million
- 20 male and 15 female jockeys from the first stage will qualify for the final
ALULA: The Saudi Camel Federation and the Royal Commission of AlUla Governorate are co-organizing the first edition of the World Endurance Championship camel race on Saturday at AlUla Camel Track.
The event has a prize pool of more than SR2 million ($533,000), and the results for the men and women riders will be calculated separately, according to a media statement on Friday.
The championship event includes a 16 km race split into two stages of 8 km each, with a 30-minute break in between.
Twenty male and 15 female jockeys from the first stage qualify for the final. The results will be calculated according to the best timings in the two stages.
The winners in each of the categories will be awarded SR500,000 while the remainder of the prize pool will be distributed between 10 riders in the men’s category and 10 in the women’s category.
All federations are permitted to participate with 10 male and five female riders.
Riders whose countries are not members of the International Camel Racing Federation will be allowed to participate under the ICRF’s flag with a maximum of three participants and the option to borrow camels.
According to the ICRF, participating camels must be over 18 years old and registered by and type.
In September, the General Assembly of the ICRF, chaired by Prince Fahd bin Jalawi bin Abdulaziz bin Musaed, approved the launch of the first edition of this championship.
