Matthew Longstaff of Newcastle during the FA Cup match between Newcastle United and Oxford United at ... [+] St. James’ Park. NurPhoto via Getty ImagesThe rumored $444 million (£340 million) purchase of Newcastle United Football Club by Saudi Arabia’s sovereign wealth fund has come under fire today from human rights group Amnesty International. Commenting on reports that Newcastle United Football Club may be taken over by Saudi Arabia’s sovereign wealth fund, Felix Jakens, Amnesty International UK’s Head of Campaigns, said the takeover of Newcastle United doesn’t come as a major surprise. A Newcastle United fan holds up a Mike Ashley banner during the Premier League match between ... [+] Newcastle United and Manchester City. The “PZ” reportedly stands for “Project Zebra”—referring to the black and white stripes of Newcastle United.
Source: Forbes January 27, 2020 17:14 UTC