Newcastle takeover: Premier League CEO reveals reason for delay on £300m Saudi deal

Newcastle takeover: Premier League CEO reveals reason for delay on £300m Saudi deal

Premier League CEO Richard Masters says the proposed £300million takeover of Newcastle is ‘complicated’ hence the delay in announcing whether it will be approved.

In April, Newcastle owner Mike Ashley agreed to sell the club to a Saudi-backed consortium for £300m.

But over two months later, the Premier League is yet to confirm whether it has the green light to go ahead.

There has been strong opposition to the deal from human rights groups and some MPs due to the involvement of the Saudi government.

And within Newcastle, there is an anxious feeling amid the lack of clarity.

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Masters has been coy when questioned about the takeover in recent weeks and on Tuesday he was in front of the Digital, Culture, Media and Sport Committee to discuss several topics.

When asked by Sunderland Central MP Julie Elliot if Newcastle fans should have been kept more informed, Masters replied: “I do appreciate the uncertainty.

“Obviously I cannot comment in terms of timing or the specifics on any particular takeover.

“But in a perfect world, takeovers would happen clearly, cleanly and in a timely fashion. Sometimes things get complicated.


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Meanwhile, Newcastle midfielder Isaac Hayden insists the players must focus on winning football matches and not focus on the takeover.

Hayden said: “I can’t speak for the other lads but I think the performances when we switched to a back-four before the lockdown and obviously the performances since we’ve been back – I don’t think anyone’s been affected that I can see.

“We’ve had a good performance against Sheffield United, a second-game syndrome, leggy performance against Villa – but still got a half-decent result – and then we’re playing arguably one of the best sides in Europe.

“The lads have been training well, we’ve been in good spirits. The manager and the staff have been in good spirits.

“I think it’s just a case that it’s out of our hands, we can’t really influence anything so there’s no point getting frustrated about it. We’ve just got to do our job which is to win football matches for Newcastle.”

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Published at Tue, 30 Jun 2020 09:40:00 +0000