Premier League advised to re-examine Newcastle United takeover

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 The Premier League has been advised to re-examine Newcastle’s takeover by the Saudi Arabia-backed Public Investment Fund (PIF).

The Premier League chiefs have been urged to take another look at the assurances given by Newcastle’s new Saudi owners that the Middle East state would not have control of the club following the filing of a new court document in the United States.

The document filed earlier this week has raised fresh questions about the level of separation between the Saudi state and the PIF, whose governor Yasir Al Rumayyan is also chairman of Newcastle.

A brief filed in a court case involving the PGA Tour and LIV Golf describes the PIF as ‘a sovereign instrumentality of the Kingdom of Saudi Arabia’ and Al Rumayyan as ‘a sitting minister of the Saudi government’.

The Premier League approved the PIF-led takeover of Newcastle in October 2021 after receiving ‘legally-binding assurances”‘that the Saudi state would not have control of the club.

Now human rights group Amnesty International is calling on the league to ask new questions of Newcastle’s owners.

The Magpies lost the Carabao Cup final to Manchester United at the Wembley stadium last week.

 

Eddie Howe’s side will now visits Etihad to face Manchester City in the early kickoff of the Premier League on Saturday.

 

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