Saudi Arabia’s Sports Minister HRH Prince Abdulaziz bin Turki Al Faisal has been speaking to the BBC about the Newcastle takeover.
Back in September, a bid from PCP Capital Partners, the Reuben Brothers and the Public Investment Fund of Saudi Arabia (PIF) was rejected by the Premier League after they failed to pass the Owners’ and Directors’ test.
Speaking to the BBC ahead of Saudi Arabia’s first ever Formula 1 race in 2021, Prince Abdulaziz was also asked about the takeover.
When asked if he thinks Saudi Arabia’s PIF will resurrect the deal, he said: ‘I don’t know what PIF’s plans are, but if there’s an opportunity, they’d look into it.’
It definitely doesn’t seem like this saga has come to an end.
Mike Ashley has already hired leading lawyers to tackle this case after deciding to appeal the Premier League’s decision, according to Sky News.
Additionally, two stakeholders in Jamie Reuben and Mehrdad Ghodoussi – husband of Amanda Staveley – have taken to Twitter to share their views on recent developments in the takeover saga.
— Jamie Reuben (@jamiereuben) October 27, 2020
— Mehrdad Ghodoussi (@ghodoussi) October 27, 2020
In Reuben’s case, he has also interestingly left his post as a director at Queens Park Rangers, something that he would’ve needed to do if he were to take a seat on the board at St James’ Park.
There is certainly a lot going on, and Prince Abdulaziz’s comments only add to the speculation.