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Newcastle United: PIF set to pile pressure on Premier League for takeover answers

Newcastle United: PIF set to pile pressure on Premier League for takeover answers - Newcastle United News

The Kingdom of Saudi Arabian (KSA) Public Investment Fund (PIF) are set to pile the pressure on the Premier League for answers on the proposed takeover of Newcastle United as The Shields Gazette have reported that they have employed an outside body to monitor social media.

According to the outlet, the Twitter hashtags #NUFC and #NUFCTakeover are set to be particularly prominent in their analysis.

Is the Saudi takeover of Newcastle saga over?

Yes

Yes

No

No

PCP Capital Partners, of whom the businesswoman Amanda Staveley is in charge, as well as the billionaire Reuben brothers, who are originally from India but are now based in London, are also said to be keeping an eye on any developments across all of the social media platforms that they follow.

It is also understood that all of the parties involved in the Saudi-led consortium remain very much on the table despite their joint decision to withdraw their £300m bid, as they grew tired of waiting for the Premier League to make their final call on the validity of the proposed takeover.

Indeed, with the 2020/21 season fast approaching, coupled with the opening of the summer transfer window, perhaps it is unsurprising that the would-be owners decided to pull the plug as the uncertainty grew at St. James’ Park.

Nevertheless, many fans of the Tyneside club have taken to various social media platforms to pile the pressure on the Premier League, which has resulted in a petition set up by Magpies supporters to get clarity from England’s highest division which already has thousands of signatures.

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Let us start with the 10th most expensive, how much was Jonjo Shelvey?

With PIF now monitoring the situation on social media as well, perhaps this will prompt the Premier League to give some answers on the prospective takeover and maybe even continue the process.

Geordies, have you been engaging with the petition? Comment below with your views!


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Article title: Newcastle United: PIF set to pile pressure on Premier League for takeover answers

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