Woah, surprised to hear that. Hadn't heard about news relating to that recently.
Is it a loss for the sport as a whole, yes I believe so.
For Newcastle and their fans, not so much, they are getting rid of a owner they never liked and are getting some potentially unlimited ressource to fight it out with the other big club in the league. The only downside are on the ethical side but as we seen in the past, this doesn't seem to matter too much to those in charge.
All in all, the only positive I see from this is potentially that PL will be more interesting and Newcastle will have an interesting project for the next few years. But overall, the negative outweight the positive for me.
While I'm very happy it wasn't United that the Saudis used to sportwash their way into global football, still feels like a huge loss for the game.
Thoughts?