Newcastle manager Steve Bruce has said the club needs clarity on the stalled Saudi takeover bid which is dragging into a fourth month but seems far from resolution after Premier League bosses refused to comment on its status.
Premier League chief executive Richard Masters says he hopes an announcement on the long-running Newcastle United takeover saga will arrive "shortly," as he faced a grilling from MPs over the Saudi-led move.
Of all the announcements that fans of Premier League club Newcastle might have hoped would hasten the departure of their current owners, a promise about reducing piracy more than 4,000 miles away might not have been one of them.
A Saudi-backed takeover of Premier League club Newcastle United must be delayed until the UK government fully investigates the country's relationship with alleged illegal broadcaster beoutQ, according to UK MP Angus MacNeil.
US media mogul Henry Mauriss has stepped up his efforts to hijack the Saudi-led takeover of Premier League club Newcastle United, tabling a bid which would be $60 million more than the Saudi offer, according to reports in the UK.
The Saudi-led takeover of Newcastle United is facing more potential complications after a WTO ruling stated that the Middle Eastern kingdom had faciliated a service streaming pirate Premier League broadcasts.
A group of UK parliamentarians have written to the government to express their concern over the planned £300 million takeover of Premier League team Newcastle by a Saudi-led consortium, according to reports in the British media.
Talks have taken place between Newcastle representatives and Mauricio Pochettino and “a good offer” was made to make him new manager when the Saudi Arabian takeover of the club is complete, according to close friend Ossie Ardiles.
Newcastle are set to become one of the Premier League's wealthiest clubs after a mega-rich consortium, led by the Saudi Public Investment Fund (PIF) and controlled by Crown Prince Mohammed Bin Salman, reportedly received approval.