A source has reportedly shared some insight on the potential takeover of Newcastle United involving an expert in the Middle East.
As per the Daily Mail, Prime Minister Boris Johnson asked Middle East expert and Downing Street strategist Lord Eddie Lister back in September if there was any news on the proposed deal between Mike Ashley and the Kingdom of Saudi Arabia (KSA) group, to which he replied that a call was being set up and that the deal would hopefully be signed that week.
Is the KSA takeover of Newcastle over?
Mr Johnson then responded ‘brilliant’ when receiving the news in what is some very interesting insight into what may have been for the St. James’ Park faithful.
What might have been for Newcastle
The exchanges between Lord Lister and the PM suggests that the takeover deal was close, although the Premier League eventually decided to fail the bid.
Nonetheless, the KSA’s Public Investment Fund (PIF) and their bottomless pits of money would seemingly bring more wealth to the North East if the takeover were eventually to go through, perhaps why Johnson was seemingly so gleeful at the prospect of a deal.
The pending arbitration case between the North East club and the top flight should give a much clearer indication over the direction in which the potential takeover is heading, and a positive result there could lead to its possible resurrection.
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