Mark Douglas has dropped an inside claim on the potential takeover of Newcastle United by the Kingdom of Saudi Arabia (KSA) group.
Writing in his latest piece for The Chronicle, the football journalist has claimed that “sources close” to the buying side “insist” that the KSA’s Public Investment Fund (PIF) would return to the table if a path was made clear for them to come back, and also added that Inter Milan “reached out” to the Saudis over a potential deal with them instead.
Newcastle takeover hope
Even though there have been rumours swirling of PIF making a move for the Serie A club as Douglas points out, it is not really clear just how interested they are in pursuing that deal, given that Inter reached out to them rather than the other way around.
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The fact that PIF would also return to the table if a pathway is cleared is also promising news in terms of the potential revival of the original deal with Mike Ashley.
However, they are currently off of the table at the moment and could easily change their mind if the St. James’ Park faithful were to find themselves relegated from the Premier League down to the EFL Championship.
Nonetheless, the North East club need to fully focus on avoiding the drop for now and then deal with any potential takeover scenarios at the end of the 2020/21 term.
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