State-controlled football clubs could be banned under proposed bill change
It would force the likes of Man City and Newcastle United to change ownership. Labour peer Lord Bassam of Brighton has proposed an amendment to the Football Governance Bill that would prevent state ownership of football clubs – which would directly impact Manchester City and Newcastle United. The proposal has been submitted in an amendment […]
1 year ago
Premier League demanded proof Chelsea are not owned by Saudi Arabia
A number of Chelsea first-team players are set to move to the Middle East The Premier League have reportedly asked Chelsea to provide proof to confirm that they are not owned by Saudi Arabia’s Public Investment Fund. In recent months, Saudi Arabia have been able to attract some of the biggest names in world football […]
2 years ago
Newcastle’s £305m Saudi takeover faces fresh scrutiny
Fresh documents have caused concerns Fresh doubts have emerged surrounding Newcastle’s £305m Saudi takeover after chairman Yasir Al Rumayyan was described as a “sitting member” of the Saudi government in documents submitted to a court in the United States. Saudi Arabia’s Public Investment Fund (PIF) bought a controlling stake in the Magpies in October 2021 […]
3 years ago
Eddie Howe grilled by journalist over Russia-Saudi Arabia comparison
‘You are the face of the club’ Eddie Howe refused to be drawn into conversations about the integrity of Newcastle United’s Saudi Arabian ownership in the aftermath of Roman Abramovich’s announcement that he was selling Chelsea. Abramovich revealed that he was handing over the ‘stewardship’ of Chelsea to the trustees of the club’s charitable foundation, before […]
4 years ago
Premier League yet to reveal assurances they received over Newcastle United ownership
The league announced in a statement yesterday that they had been given assurances over the takeover The Premier League are yet to reveal what assurances they were given that Saudi Arabia will not be involved in the running of Newcastle United following yesterday’s takeover. The Saudi-backed consortium, led by Amanda Staveley, completed a £300 million […]
4 years ago
Premier League confirm Saudi-backed takeover of Newcastle United
It’s official: Mike Ashley’s 14-year spell as Newcastle owner is over The Premier League have confirmed that Newcastle United has been sold, with a Saudi-backed consortium replacing Mike Ashley as the club’s owners. Following the news on Wednesday, which saw Saudi Arabia end their dispute with Qatar-based company beIN Sports over the illegal streaming of Premier […]
4 years ago