Saudi-led Group Scores English Premier League's Newcastle United Soccer Team

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With just five FIFA World Cup appearances, only one of which saw advancement past the initial group rounds, it's safe to say that Saudi Arabia is not a soccer powerhouse.

But the wealthy nation can now at least claim (some) ownership of a Premier League football team, after the British league on Thursday greenlit the controversial sale of Newcastle United F.C. to a group led by Saudi Arabia's sovereign wealth fund.

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Source Fool.com