Here Comes the Richest Club in the World: Newcastle United

Here Comes the Richest Club in the World: Newcastle United

Newcastle United, one of the Premier League teams, has become the richest club in the world after its sale went through. The English Premier League has announced that the acquisition of English football team Newcastle United by a consortium of Saudi Arabia-based companies has been approved. After this announcement, the takeover of the black and white team by the Arabs has been officially completed.

The English Premier League statement read:  "The Premier League has received legally binding assurances that the Kingdom of Saudi Arabia will not control Newcastle United Football Club. All parties are pleased to conclude this process, which brings certainty and clarity to Newcastle United Football Club and its supporters." The approximately 352-million-euro deal has also captured great attention in the football world.

The new owner of Newcastle United, Saudi Prince Mohammed bin Salman, is expected to set a 1.5-billion-euro transfer budget for Newcastle next season, and the players mentioned in the transfer list have already caused excitement among the fans. So much so that the finalization of the takeover, which had been waiting to be approved by the authorities for about 18 months, made Newcastle fans jubilant and they are celebrating as if they won the championship title. We don't know where Newcastle will end this season, but next season seeing them leave their mark on European football with massive transfers and achieve great success won’t be a surprise. Now, other English clubs and the European football world have something to stress over for next season.

The richest clubs in the world:

1. Newcastle United: 400 billion euros

2. PSG: 260 billion euros

3. Manchester City: 25 billion euros

4. Leipzig: 18.5 billion euros

5. Salzburg: 18.5 billion euros

6. Juventus: 16.5 billion euros

7. Chelsea: 12 billion euros|

8. LA Galaxy: 10 billion euros

9. Arsenal: 8 billion euros

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