Premier League club executives are seeking more answers from England’s top division after leaked WhatsApp messages suggest that Saudi crown prince Mohammed bin Salman controlled the October 2021 takeover of Newcastle United, which would directly contradict the so-called “legally binding assurances” that there is separation between the Public Investment Fund and the Saudi state.
Senior figures at rival clubs remain furious that the purchase was allowed to go ahead, especially with how it has directly led to the current chaos engulfing elite football through the Manchester City associated party transaction (APT) case.
The story, reported by the Daily Telegraph, has also raised frustrations that complaints raised during the LIV Golf case in March 2023 were never pursued. Then, directly contradicting the Premier League’s “assurances”, PIF’s lawyers argued that the fund was “a sovereign instrumentality of the Kingdom of Saudi Arabia”.
This was despite Premier League chief executive Richard Masters stating a mere month after the Newcastle takeover that there was a “corporate difference” between PIF and the Saudi state and that “if we find evidence to the contrary, we can remove the consortium as owners of the club”.
Businesswoman Amanda Staveley fronted the deal and went on to become a minority co-owner and club director, a role she left in July after selling her shares.
Staveley’s lawyers told the Telegraph that she “only ever referenced the Crown Prince in his capacity as chairman of PIF”, and to suggest there hasn’t been independence from the Saudi state in the running of the club “is as illogical as it is misconceived”.
Diese Geschichte stammt aus der October 22, 2024-Ausgabe von The Independent.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der October 22, 2024-Ausgabe von The Independent.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Stop buying clothes now!
As fashion campaigners demand 'degrowth' for an industry responsible for 10 per cent of global pollution, Helen Coffey talks to designers and activists about how, with 100 billion garments made every year, we risk shopping till we drop
The inspiration at heart of Slot and Guardiola's rivalry
Liverpool and Man City bosses set to meet for the first time
Has Bethell's Test cricket baptism come too soon?
Jacob Bethell, 21, has been thrust into England side based on potential. Could the risk backfire, asks Cameron Ponsonby
Resurgent Arsenal thrash Hammers in giddy goal fest
Arsenal plundered another hatful of goals at West Ham as they climbed up to second in the Premier League with a frenetic 5-2 victory.
Defensive Lionesses cancel USA in tactical stalemate
Another night of learning for England and Sarina Wiegman, even if the only fireworks produced from the visit of Emma Hayes and the United States were those in the pre-match light show at Wembley.
Grandmother lost savings and her business after being wrongly charged with fraud
Krista Brown receives 'unreserved' apology after seven-year ordeal at hands of Crown Prosecution Service and HMRC
Indian women are being 'controlled' by forest drones
Researchers say wildlife cameras are used to harass them
Rebels seize control of Aleppo in blow to Assad
Thousands of opposition forces took control of Syria’s second city Aleppo and its airport in a shock assault that marked their largest advance and the biggest challenge facing Syrian president Bashar al-Assad in years.
Ukraine could use a Trump peace deal to buy some time
After Putin's brutal invasion of Ukraine, Western leaders repeated constantly that they would stand behind Kyiv \"as long as it takes\", first as Ukraine struck back, then as Russia counterattacked.
Zelensky's plan for peace a 'major concession' to Putin
UK's former ambassador to Russia praises Ukraine president