Confirmed: $400 million Newcastle United takeover completed

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The takeover of Newcastle United has finally been agreed, as a Saudi Arabian-led consortium has agreed a reported $407 million deal to buy the Premier League club.

[ MORE: How to watch Premier League in USA

This comes after the same consortium pulled out of the deal in July 2020, but the deal has now been completed, the Magpies confirmed.

Saudi Arabia’s Public Investment Fund (PIF) will have a majority 80 percent stake in Newcastle.

Businesswoman Amanda Staveley has led the group from the start (their original interest dates back to 2017) and local billionaire businessmen, the Reuben brothers, are also part of the consortium and will also be on the board of directors alongside Staveley to oversee day-to-day operations.

Yasir al-Rumayyan, the governor of Saudi Arabia’s PIF, has become the club’s non-executive chairman.

Following an 18-month wait to complete the deal, the 14-year reign of previous Newcastle owner Mike Ashley is over at St James’ Park.

Here is the statement in full from Newcastle

An investment group led by the Public Investment Fund (PIF), and also comprising PCP Capital Partners and RB Sports & Media (the “Investment Group”), has completed the acquisition of 100% of Newcastle United Limited and Newcastle United Football Club Limited (“Newcastle United” or the “Club”) from St. James Holdings Limited.

All requisite approvals have been obtained from the English Premier League and the acquisition was completed on 7 October 2021.

The Investment Group is comprised of long-term, patient investors who have every confidence in the future success of the Club. Today’s announcement is the conclusion of a thorough and detailed process that has allowed the Investment Group to arrive at a deal that benefits all stakeholders and will leave Newcastle United well-placed to pursue a clear, long-term strategy.

His Excellency Yasir Al-Rumayyan, Governor of PIF, will serve as Non-Executive Chairman of Newcastle United. Amanda Staveley, chief executive of PCP Capital Partners, will have one seat on the board. Jamie Reuben will also be a director of the Club, representing RB Sports & Media.

For PIF, one of the world’s most impactful investors, the acquisition is in line with its strategy of focusing on key sectors including Sports and Entertainment, and aligns with PIF’s mission to actively invest over the long term – in this case, to harness the Club’s potential and build upon the Club’s legacy.

Commenting on the agreement, His Excellency Yasir Al-Rumayyan, Governor of PIF, said: “We are extremely proud to become the new owners of Newcastle United, one of the most famous clubs in English football.

“We thank the Newcastle fans for their tremendously loyal support over the years and we are excited to work together with them.”

Amanda Staveley, Chief Executive Officer of PCP Capital Partners, said: “This is a long-term investment. We are excited about the future prospects for Newcastle United.

“We intend to instill a united philosophy across the Club, establish a clear purpose, and help provide leadership that will allow Newcastle United to go on to big achievements over the long term. Our ambition is aligned with the fans – to create a consistently successful team that’s regularly competing for major trophies and generates pride across the globe.”

Jamie Reuben of RB Sports & Media, said: “We look forward to a great future for Newcastle United. Newcastle is a fantastic city, which is why our family has been investing heavily in the area for many years. To become part of this great Club and its amazing fans is a privilege.

“We will build a true community Club, based upon our family’s knowledge of the city and in line with our plans that have been worked on closely with Newcastle City Council to deliver long-term sustainable growth for the area.”

The directors of the Investment Group thank Mike Ashley for his commitment to the sale process. We would also like to thank the Premier League for its contribution in the regulatory process, which has helped lead to completion of this deal.

What has changed?

Here is more background information from our partners Sky Sports, as this deal has moved very quickly over the last 24 hours:

“The Saudi-led consortium previously withdrew from the deal in July 2020 after the Premier League identified the Saudi stake as a director with control over the club, which would have made it subject to the league’s owners’ and directors’ test as part of the takeover process.

“However, the Saudi state removed a significant barrier to the takeover when it resolved its issues with beIN Sports over the illegal streaming of Premier League football on Wednesday. The Qatari network beIN has been unable to broadcast in Saudi Arabia for the last four-and-a-half years as part of a diplomatic dispute, but the ban is now set to come to an end. The station had been opposed to the Newcastle takeover, saying the ban and piracy of its content was damaging sports rights holders.”

What can we expect?

Per multiple reports, PIF will invest significant sums of money into Newcastle and will focus on renovating the stadium, training ground and building up the academy.

They also plan to spend plenty of money on new players, but the noises coming out of those close to St James’ Park suggest it will be done in a gradual process rather than making a huge splash on big-name players straight away.

That said, it is expected that money will be available to spend in the January transfer window after a frugal summer has seen Steve Bruce’s weakened squad struggle early in the season and they sit 19th in the Premier League table and have yet to win any of their opening seven games.

Manchester City vs Arsenal, FA Cup fourth round: Score, updates, how to watch, stream, videos

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Premier League title rivals Manchester City and Arsenal finally meet for the first time this year when the FA Cup hits the Etihad Stadium on Friday.

The visiting Gunners have a five-point lead on City with a match-in-hand on the defending champions when it comes to Premier League play, and Arsenal’s done plenty good in the FA Cup.

[ MORE: How to watch Premier League in USA ] 

Arsenal last won the FA Cup in 2020, their tournament-best title total hitting 14. Man City won the previous season, and City has six FA Cup titles. Only six teams including the Gunners have more.


Manchester City vs Arsenal, FA Cup fourth round: How to watch live, stream link

Kick off: 3pm ET, Friday
TV Channel: ESPN+
Online: Updates via NBCSports.com


Key storylines & in-form players to watch 

The main storyline is easy: this is the first time we’ll see red-hot Arsenal test its mettle against the Premier League’s gold, er, silverware standard.

Arsenal will have a chance to run at Man City’s back line with Bukayo Saka, Martin Odegaard, Eddie Nketiah, and more, though there’s be even more juice in this match-up if Gabriel Jesus was healthy. Ex-City man Oleksandr Zinchenko may be ready for this reunion, too.

City’s won four-straight match-ups with Arsenal, but the last Gunners win came in… the 2019-20 FA Cup, when Arsenal knocked off the holders. That’s a top, top recent memory for the club, a North London outfit who will hope its a harbinger of what’s to come later this season. Plus, there’s silverware in play here, too, you know?!?

Will Pep Guardiola start Erling Haaland and Kevin De Bruyne? Man City’s next game isn’t until Feb. 5 versus Tottenham, but Guardiola may not want to give Mikel Arteta’s men a taste of the duo with a huge Premier League encounter looming Feb. 15 at the Emirates Stadium.


Manchester City team news, injuries, lineup options

Man City is pretty healthy and should be able to deploy whoever Pep Guardiola wants to see against Arsenal, though we know the Catalan wizard is sometimes careful with what he does in cup competitions against Premier League rivals.

Arsenal team news, injuries, lineup options

Gabriel Jesus will not be available to compete against his former club, while Reiss Nelson and Mohamed Elneny are unlikely to play.

2024 Copa America to be played in USA

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The United States will host the 2024 Copa America, which will once again feature six guest nations as part of a new “strategic collaboration agreement” announced by CONMEBOL and CONCACAF on Friday.

[ MORE: Report: Christian Pulisic wanted by AC Milan ]

Copa America last came to the U.S., in the summer of 2016 for Copa America Centenario, the 100-year celebration of the South American championship.

Back in 2016, the USMNT and Mexico were not required to qualify for the tournament, but the CONCACAF giants will not be given an automatic bid to Copa America 2024. They will also be forced to qualify as one of six CONCACAF through the 2023-24 Nations League. Previously, the other four bids from CONCACAF were awarded via various regional tournaments and and qualifying playoffs.

[ MORE: USMNT falls to Serbia in 2023 opener ]

The CONMEBOL-CONCACAF partnership also extends to the women’s game, where the Gold Cup is being revamped.

2024 CONCACAF W[omen’s] Gold Cup will include eight CONCACAF women’s national teams and four CONMEBOL guests

For women’s national teams, CONCACAF has invited the top four CONMEBOL national teams to participate in the 2024 CONCACAF W Gold Cup. The inaugural edition of this 12-team tournament, which is a key part of CONCACAF’s new women’s national team ecosystem, will be played in the United States.

The two Concacaf teams that will participate in the 2024 Summer Olympics (United States and Jamaica or Canada) will qualify directly for the 2024 Concacaf W Gold Cup. The remaining six Concacaf teams will be determined through the 2023 Road to Concacaf W Gold Cup.


2024 Copa America: What does it mean for USMNT?

First things first, it means playing more high-level, competitive games between World Cups. The USMNT has faced the likes of Brazil, Argentina, Colombia and other South American nations in friendlies over the years, but as things stand their only competitive fixtures come against CONCACAF competition — the Gold Cup and World Cup qualifying.

The timing of the tournament is beneficial for all national teams involved as well, at the halfway point to the 2026 World Cup — also set to be hosted in the United States (and Mexico and Canada) — just as EURO 2024 is the halfway marker for European nations. The 2023 Gold Cup is still on the schedule for this summer, with the final to be played at SoFi Stadium in Los Angeles.

Only time will tell if the combined Copa America will become the new norm in the Americas, but given what we know about the profitability of international soccer, there will certainly be a “cross your fingers and hope all goes well” vibe in 2024.

Follow @AndyEdMLS

Report: Everton to appoint Sean Dyche as next manager

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Sean Dyche is set to be appointed as the new manager at Everton, replacing Frank Lampard, as the Toffees prepare for a potential relegation battle for the second straight season.

[ MORE: Report: Everton put up for sale by Farhad Moshiri, asking $615 million ]

An official announcement is expected from the club on Friday. The former Burnley boss has been out of work since the Clarets fired Dyche after nearly 10 years last April. Burnley were, of course, relegated from the Premier League anyway.

Marcelo Bielsa was reportedly the first manager contacted by Everton owner Farhad Moshiri, who’s looking to sell the club now as well, but the former Leeds boss declined the opportunity to wade into a relegation battle with a club currently unable to further invest in the first-team squad, whether that be this January or in the summer.

[ MORE: Premier League scheduleMidseason grades ]

After 20 of 38 games played this season, Everton (15 points) sit 19th in the Premier League table, ahead of last-place Southampton by five goals in the goal difference column. The good news: two points is all that separates them from safety in 17th place (Wolves). Furthermore, three points is all that stands in between Everton and 14th-place Leicester.


When did things begin to go wrong for Everton?

At the time of Rafa Benitez’s appointment in the summer of 2021, you had to go back to nearly the turn of the millennium to find a manager who 1) managed Everton for more than 40 games (all competitions), and 2) had a win percentage below 40 percent. David Moyes (42.05), Roberto Martinez (42.86), Ronaldo Koeman (41.38), Marco Silva (40.00) and Carlo Ancelotti (46.27) all matched or eclipsed the mark between the spring of 2002 and Benitez’s arrival.

Benitez’s tenure was generally viewed as an unmitigated disaster by Everton fans who were unhappy at the former Liverpool manager being hired in the first place. His win percentage (in just 22 games) was 31.82, a steep drop from his predecessors.

Lampard went a few points better worse than Benitez, checking in at 27.91. Going all the way back to the founding of the Football League in 1888, only one manager has produced a lower win percentage than Lampard in at least 40 games managed. Howard Kendall, like Lampard, lasted less than a full year from 1997-98, with a 26.19 win percentage.

Follow @AndyEdMLS

FA Cup fourth round schedule, how to watch live, predictions

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The FA Cup always delivers shocks and plenty of Premier League clubs have tricky tasks facing them in the fourth round.

After Aston Villa, Newcastle, Nottingham Forest and Bournemouth were all knocked out by lower league opponents in round three, plus Everton, Chelsea, Crystal Palace and Brentford knocked out by fellow Premier League sides, there are only 11 top-flight teams left in the last 32.

[ LIVE: Follow FA Cup scores, updates ]

The fourth-round draw’s already been conducted and Arsenal will tangle with Manchester City in a tantalizing tie, while Brighton against Liverpool has the makings of a classic and Manchester United will be on upset alert against Reading and so too will West Ham as they face a tough trip to third-tier Derby County.

Read on for FA Cup stream info, fixtures, and predictions.


FA Cup live scores, schedule, dates, how to watch

Dates: Fourth round (January 27-30)
Times: Below
Online: Live updates via NBCSports.com
How to watch: ESPN+


FA Cup fourth round schedule

All games 10am ET unless otherwise stated

Friday
Man City vs Arsenal – 3pm ET

Saturday
Accrington Stanley vs Leeds United – 7:30am ET
Walsall vs Leicester City – 7:30am ET
Fulham vs Sunderland
Bristol City vs West Brom
Sheffield Wednesday vs Fleetwood Town
Blackburn Rovers vs Birmingham City
Luton Town vs Grimsby Town
Ipswich Town vs Burnley
Southampton vs Blackpool
Preston North End vs Tottenham Hotspur – 1pm ET
Manchester United vs Reading – 3pm ET

Sunday
Brighton vs Liverpool – 8:30am ET
Stoke City vs Stevenage – 9am ET
Wrexham vs Sheffield United – 11:30am ET

Monday
Derby County vs West Ham – 2:45pm ET


FA Cup fourth round predictions – By Joe Prince-Wright

Friday
Man City 2-1 Arsenal

Saturday
Accrington Stanley 1-3 Leeds United
Walsall 1-2 Leicester City
Fulham 1-2 Sunderland
Bristol City 1-2 West Brom
Sheffield Wednesday 2-1 Fleetwood Town
Blackburn Rovers 1-1 Birmingham City
Luton Town 3-1 Grimsby Town
Ipswich Town 1-3 Burnley
Southampton 2-0 Blackpool
Preston North End 1-4 Tottenham Hotspur
Manchester United 2-1 Reading

Sunday
Brighton 2-2 Liverpool
Stoke City 2-1 Stevenage
Wrexham 1-2 Sheffield United

Monday
Derby County 1-1 West Ham


FA Cup third round replays

Tuesday 

Swansea City 1-2 (AET) Bristol City
Forest Green Rovers 1-2 Birmingham City (original tie postponed due to waterlogged pitch)
Wigan 1-2 Luton
Wolves 0-1 Liverpool
West Brom 4-0 Chesterfield

Wednesday

Leeds United 5-2 Cardiff City

Tuesday, January 24

Accrington Stanley vs Boreham Wood


FA Cup third round results

Friday

Manchester United 3-1 Everton

Saturday

Preston North End 3-1 Huddersfield Town
Reading 2-0 Watford
Tottenham 1-0 Portsmouth
Gillingham 0-1 Leicester City
Forest Green Rovers vs Birmingham City — PPD
Crystal Palace 1-2 Southampton
Hull City 0-2 Fulham
Middlesbrough 1-5 Brighton
Fleetwood Town 2-1 QPR
Ipswich Town 4-1 Rotherham
Bournemouth 2-4 Burnley
Blackpool 4-1 Nottingham Forest
Chesterfield 3-3 West Brom
Millwall 0-2 Sheffield United
Boreham Wood 1-1 Accrington Stanley
Shrewsbury Town 1-2 Sunderland
Brentford 0-1 West Ham
Coventry City 3-4 Wrexham
Luton Town 1-1 Wigan
Grimsby Town 1-0 Burton Albion
Sheffield Wednesday 2-1 Newcastle
Liverpool 2-2 Wolves

Sunday

Bristol City 1-1 Swansea City
Derby County 3-0 Barnsley
Cardiff City 2-2 Leeds
Stockport 1-2 Walsall
Hartlepool 0-3 Stoke City
Norwich 0-1 Blackpool
Aston Villa 1-2 Stevenage
Man City 4-0 Chelsea

Monday

Oxford United 0-3 Arsenal