NEWCASTLE’S potential Saudi Arabian owners are “supremely unconcerned” by a recent takeover bid from Henry Mauriss – with their takeover decision “close”.
Last week, US billionaire Mauriss lodged a £350million offer to gazump the Saudis and buy Newcastle from under their noses.
Newcastle’s potential Saudi owners are said to be ‘supremely unconcerned’ by Henry Mauriss’ Toon bid
But Duncan Castles has revealed the Saudi Arabian party are not even remotely worried about the rumours and are believed to be “close” to completion.
Castles went as far as claiming the owners were “supremely unconcerned” by the fresh bid talk.
The Saudis are believed to be confident they won’t be outbid and will continue with their takeover.
Castles also claimed current owner Mike Ashley will SUE the Premier League should they block the potential takeover of the club he’s clearly now eager to sell.
League bosses have been investigating the Saudi Arabian-led takeover for over two months already.
A number of issues have dogged the deal with the Public Investment Fund backed by Crown Prince Mohammad Bin Salman criticised for its human rights record.
They were also dealt another blow after concerns were raised about Saudi football TV piracy.
Broadcasters such as beIN Sports and the World Trade Organisation had warned the Premier League the piracy channel beoutQ had deprived clubs of hundreds of millions of pounds.
The channel is said to have significant links to Saudi interests, something the Royal Family deny.
The country’s authorities have now vowed to tackle the matter – with it hoped the Crown Prince’s bid to takeover Newcastle will be helped by their strong stance.
The PIF makes up 80 per cent of the consortium plotting to buy Newcastle, with financier Amanda Staveley and the Reuben brothers each taking ten per cent.
Newcastle takeover will get green light with Premier League bosses set to approve £300m Saudi buyout
Source: Soccer - thesun.co.uk
