“Premier League Declines to Reassess Legality of Newcastle’s Saudi Takeover Despite Bin Salman Involvement”

The Premier League has decided not to reassess the legality of Newcastle United's takeover by Saudi Arabia's sovereign wealth fund, despite recent claims regarding Crown Prince Mohammed bin Salman's significant involvement in the deal. Reports have emerged from leaked WhatsApp messages belonging to former Newcastle minority co-owner Amanda Staveley, indicating that the approval of Bin Salman, the de facto leader of Saudi Arabia, was crucial for the 2021 buyout. The £305 million takeover, led by Saudi Arabia's Public Investment Fund, was initially sanctioned only after the Premier League received "legally binding assurances" that the Saudi state would not exert control over the club. However, the Premier League believes that its regulations have not been violated and will not be revisiting the matter.

“Leaked Messages Reveal Mohammed bin Salman’s Key Role in Newcastle United Takeover”

Leaked WhatsApp messages from Amanda Staveley, the former minority co-owner of Newcastle United, indicate that Mohammed bin Salman, the crown prince of Saudi Arabia, played a significant role in the club's takeover. Reports emerged on Sunday detailing these communications. Staveley, who sold her shares and stepped down from Newcastle's board in July, was instrumental in facilitating the £305 million deal with Saudi Arabia's Public Investment Fund (PIF). She successfully navigated the takeover process, which was finalized in October 2021, after the Premier League received legally binding assurances regarding the separation between the Saudi state and the sovereign wealth fund. Both Staveley and the PIF have reaffirmed their commitment to the assurances provided to the Premier League.