Dubai Investment Group will not buy Newcastle

DUBAI (Reuters) - Dubai Investment Group said on Wednesday it is not involved in any negotiations to buy Newcastle football club and does not plan to do so in the future.

"Following incorrect media speculation about Newcastle Football Club, Dubai Investment Group can confirm that it is not involved in any negotiations to buy Newcastle Football Club, nor does it plan to do so in the future," the investment firm, which is a member of Dubai Holding, said in a statement.