Liam Kennedy has shared some information which he has been told would accelerate a potential takeover of Newcastle United by the Kingdom of Saudi Arabia (KSA) group.
Writing in his latest piece for The Shields Gazette, the football journalist has claimed that any movement on the legal cases in the Middle East between beIN/Qatar and the KSA authorities would accelerate the proposed £300m deal between Mike Ashley and the consortium in the right direction as it would remove a few legal hurdles which currently remain in place.
Is the KSA takeover of Newcastle over?
He went on to claim that if certain dominoes drop, then it would make any kind of deal easier to strike between all parties.
Kennedy says that if this does not happen, then any potential revival of the takeover would then need some arbitration.
What next for the potential Newcastle takeover?
If there is any movement in the Middle East regarding these legal cases, it seems that Kennedy believes that this could be a step in the right direction regarding the potential takeover of the Magpies.
An arbitration case between the Tyneside club and the Premier League could also go a long way in terms of settling their own legal disputes, but any possible date for that has not been set as of yet and so the wait goes on to see if the takeover of Newcastle can still be resurrected.
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