The Saudi-backed consortium, which was linked with the takeover of Newcastle United, is now re-focussing its attention on a possible £3bn investment in Premier League giants Manchester United, according to one report.
Rumours have swirled for some time regarding controversial owner Mike Ashley relinquishing control at St James' Park, with Crown Prince Mohammed bin Salman's Saudi Wealth Fund supposedly involved in an interested consortium.
However, that talk has cooled in recent weeks, while The Shields Gazette reports that the Crown Prince was put off by leaks to the press over the possible takeover of Newcastle, and will instead return to his original dream of owning Man Utd.
Bin Salman reportedly made an attempt to buy the Red Devils 18 months ago, but his advances were swiftly rejected by the current owners, the Glazer family.
Since then a Saudi-backed takeover at Old Trafford has been the subject of frequent gossip, without much basis in genuine reporting.
It is said that a figure of around £3bn - from any prospective suitor - would likely be needed to convince the Glazers to sell Man Utd, who they have owned the club for well over a decade.
The Red Devils released their financial figures for the second quarter of 2019 this week, which showed a fall in revenue and a rise in debt. The club's debt increased by £73m to
Source: 90min
