Public Investment Fund (PIF) from Saudi Arabia had major stake in this takeover, and they are practically new club owner
third part of the deal is RB media, that will appoint club director
https://www.nufc.co.uk/news/latest-news/pif-pcp-capital-partners-and-rb-sports-media-acquire-newcastle-united-football-club/
Thanks for the correction, apparently PCP tried to buy out Liverpool in 2008 as well (not sure what happened to make the deal fall through though).
But it kind of feels like Amanda Stavely is running the show at Newcastle now, I'm not hearing any news about PIF making club decisions which I think is good news - I think they should just be pumping money and keep themselves away from nitty gritty club details as much as possible with the reputation they have.
I doubt Steve Bruce will last long now. I'd be surprised if he's still there by Christmas. I'm not exactly sure how all the FIFA financial fair play rules work but apparently Newcastle will be able to spend quite a lot of money due to them being a profitable club and not being in any debt. Still don't think it's right that any club can be bought and have money pumped into it like that. I think most teams will be state-owned or by the ultra rich eventually. They can use the clubs to easily promote their other businesses for very cheap or even free much like Mike Ashley did with Sports Direct.
BTW, a lot of people still need to do their picks. Over 20 still.