The last 24 hours have been a rollercoaster ride in the Newcastle United takeover saga, and not for the first time, it leaves the situation with endless possibilities. Richard Keys, the Tv Presenter for BeInSports, made a huge claim on Monday that the Premier League will give their nod to the Newcastle takeover within this week. We all know that the issue of piracy is the major stumbling block for the takeover to go through. BeIN SPORTS are the official partner of the Premier League and they are losing wealth following an unprecedented scale of piracy via satellite TV beoutQ. Craig Hope of The Daily Mail tweeted yesterday that the Premier League are expected to deliver the verdict in favour of the potential Newcastle owners shortly. But then the takeover saga has taken a complete twist aft...
It is over three months now since the potential new owners have started their “fit and proper person’s test” taken by the Premier League. Initially, it was thought that it would hardly take a month for the Premier League to give the green signal. However, the saga has dragged on, and no one really knows (apart from Richard Keys) when the official verdict will arrive. As of now, a deal in the region of £300m has been sanctioned by Mike Ashley while the potential owners – Amanda Staveley, the Reuben brothers and the Saudi Public Investment Fund – are still waiting for approval from the Premier League. George Caulkin of The Athletic, arguably one of the best journalists around, has been covering every detail of the takeover saga. He has been providing the fans with all the latest up...
It’s been over three months but there seems to be no light at the end of the tunnel when it comes to the Newcastle takeover saga. The club entered the Owners and Directors tests some 14 weeks ago, and the potential owners – Amanda Staveley, the Reuben brothers and the Saudi Public Investment Fund – are still waiting for approval from the Premier League. Premier League chief Richard Masters said he was hopeful of a decision shortly, but it has become all quiet at the moment. Newcastle boss Steve Bruce has urged the Premier League to come to a decision quickly. George Caulkin of the Athletic, who is arguably one of the best journalists around covering Newcastle, has been sharing updates from the beginning. He feels that this quietness is hopefully a good sign. It’s all gone quiet. Hope...
The Newcastle United takeover saga is approaching 100 days now, and potential owners – Amanda Staveley, the Reuben brothers and the Saudi Public Investment Fund – are still waiting for approval from the Premier League. As we all know, two issues are sticking up as stumbling block for the takeover to go through – the issue of piracy and the problem relating to human rights. While Matt Slater of The Athletic has recently claimed that the human rights problems are not a bigger issue for the Premier League, but the one with the piracy is a massive barrier for the takeover to get the green signal. However, it seems, the families of human rights campaigners are not giving up as yet. According to reports from The Independent, families of human rights campaigners held in Saudi jails have...
When the Newcastle United takeover process started, it was initially thought that the Premier League would hardly take four weeks to deliver their verdict. It’s nearly three months now, and no one has got any clue about what the outcome will be. Newcastle are doing well on the pitch but without any direction off the pitch, the Magpies are in limbo. According to the Athletic journalist, Matt Slater, it is the issue of piracy that is yet to be resolved, and that is the only stumbling block at the moment. Two ways out of this: proceed with PIF-led takeover but make real progress on piracy or repackage the deal to create distance between KSA state & NUFC (this is what many thought they should have done in the 1st place but will be hard now as they’ll look like shadow directors) — Mat...
One of the highly respected journalists in the world of sports and football, in particular, Gabriele Marcotti, has given his take on the Newcastle United takeover saga. Marcotti has written a lengthy feature for ESPN covering all possible angles on the Newcastle United takeover saga, where he spoke about the identity of the would-be owners, the challenges faced by them from the Premier League, and what the possible outcome could be. He has brilliantly described the situation of piracy and why it remains the major obstacle in getting the green signal from the Premier League. The premier league has taken over three months, and yet they are yet to arrive at a decision. In fact, according to the Athletic journalist, George Caulkin, the potential owners are being summoned once again by the...
It is getting tedious and frustrating at the moment, and Newcastle fans, journalists, and club manager Steve Bruce have demanded the Premier League to come up with a decision at the earliest. As we enter week 13 of the Newcastle United takeover saga, it is still dragging on, and everyone is still in the dark about what the outcome will be. The Premier League chief executive, Richard Masters, hinted earlies this week that the Magpies takeover could be concluded shortly. George Caulkin, one of the best journalists around covering Newcastle United, has delivered latest update on the takeover. Answering a fan’s question on social networking site Twitter, Caulkin has suggested that the Premier League are still in fresh discussion with the would-be owners of Newcastle. Caulkin had previously cla...
While all the attention has been diverted to Liverpool in the media following their Premier League title win, it seems everything is still in a stalemate in regards to the Newcastle United takeover saga. Earlier this week, multiple reports claimed that the Premier League will finally give the green signal for the takeover to go through after Saudi Arabia authorities have taken strong measures to counter piracy in the state. So, where does it stand at the moment? Who are involved in the dealings? To what effect is ‘the club’ involved in the dealing process as some journalists like Duncan Castles has claimed that Newcastle, the club, are not confident of it going through. The Athletic journalist, George Caulkin, in a series of tweets, has answered all of those questions. He said th...
For the past three months, hardly a day has passed when we didn’t have any piece of new information on the Newcastle United takeover. That shows that it is arguably the most complicated takeover saga the Premier League has faced thus far, and we don’t know yet what the outcome will be. The Athletic journalist George Caulkin has been keeping the fans updated with regular information surrounding the takeover, and he has added something new on Twitter yesterday. I’ve not been asked much! The stuff that happened yesterday was viewed as positive, obviously, and significant. Haven’t heard more today. It’s the same position in the sense that everyone is still waiting. — George Caulkin (@GeorgeCaulkin) June 22, 2020 Newcastle United fans will love the fact that behind the scene actions were taken ...
Mike Ashley has already agreed a £300m deal to sell Newcastle, and a part payment has already been made, which is non-refundable. The potential new owners – the Public Investment Fund of Saudi Arabia, Reuben Brothers and PCP Capital Partners – are waiting for the final verdict from the Premier League. Last week it seemed like the deal could be off after The World Trade Organisation released a report where it was stated that the Kingdom of Saudi Arabia was behind beoutQ. However, in the past 24 hours, the authorities of Saudi Arabia have taken strong measures. According to reports from The Times, the authorities in Saudi Arabia have written to the Premier League insisting that they will do everything to prevent piracy. In fact, a crackdown has been launched on websites i...
It seems like the potential owners are getting frustrated with every passing week as the Newcastle United takeover saga goes on. Mike Ashley has already agreed a £300m deal to sell Newcastle, and a part payment has already been made, which is non-refundable. The potential new owners – the Public Investment Fund of Saudi Arabia, Reuben Brothers and PCP Capital Partners – are waiting for the final verdict from the Premier League. Last week it felt like the deal would collapse. The World Trade Organisation released a report where it was stated that the Kingdom of Saudi Arabia was behind beoutQ. The ruling raised serious questions over whether the Premier League can approve the £300m takeover bid from the Saudi consortium. However, in their latest move to secure the Newcast...
George Caulkin of the Athletic has delivered a fresh new update on the Newcastle United takeover saga. Earlier today, BBC journalist Ian Dennis reported: The WTO report says “should the Premier League approve the Newcastle takeover by KSA, it would be acting inconsistently with its own decisions and factual evidence as part of the WTO proceedings”. The tweet was later deleted. Tariq Panja of the New York Times has claimed that the WTO itself has not weighed in on the Newcastle deal specifically. The Guardian has further added today that the controversial £300m Saudi Arabia-funded takeover of Newcastle United now appears to be in serious doubt. However, Caulkin, one of the well-connected journalists covering Newcastle, has claimed that the potential new owners have been answering ...