One hour ago
London – “Arab Jerusalem”:
Officials revealed that the Saudi deal to buy Newcastle United had hit a new barrier because of the lack of clarity about who will manage one of the most important clubs in the Premier League.
Documents relating to the takeover of the club in St. James’s Park by current owner Mike Ashley indicated that investigations are still being examined under the owners and managers.
The British funded deal is led by Amanda Staffeli, but it is believed that the Saudi Investment Fund is behind an attempt to acquire a controlling stake in the club of up to 80 per cent.
BrinkWire confirmed that there is a stalemate due to concerns about the new ownership structure, with the identity of those in charge being unclear.
The British Telegraph newspaper reported that there are desperate attempts to persuade the English Premier League that the deal is not related to Saudi Arabia, because of fears of linking the league to this country.
The sponsor has responded to all questions, but the Premier League is not satisfied with the answers.
The deal has been subjected to several shocks, including the dispute over television broadcasting rights, where the “P1” channel in Qatar is the owner of the rights to broadcast the Premier League matches, and this means that there will be no legal way to watch football matches in Saudi Arabia.