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Yasir Al-Rumayyan's message to Zoom conference call as Newcastle takeover edges closer

Amanda Staveley Yasir Al-Rumayyan Britain Saudi Arabia Qatar Entertainment Newcastle United FC reports economy

08.07.2020 - 07:50

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www.dailystar.co.uk

dailystar.co.uk:

Newcastle’s potential new chairman Yasir Al-Rumayyan shed light on the Public Investment Fund’s targets last week amid their proposed takeover at St James’ Park.

The Tyneside club are awaiting Premier League approval for their £300m Saudi-led takeover to go through, with reports suggesting English top-flight chiefs are inspecting Qatar-based broadcasters beIN Sports’ piracy complaint about their Middle East rivals.

Mike Ashley has accepted a £17m deposit from a consortium led by Saudi’s Public Investment Fund - also made up of Amanda Staveley’s PCP Capital Partners and the Reuben Brothers, who will become 10 per cent shareholders.

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