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”.
Esta historia es de la edición October 22, 2024 de The Independent.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición October 22, 2024 de The Independent.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Saints win nine-try thriller with Smith's last-gasp kick
Fin Smith knocked over a last-minute penalty as Northampton beat league leaders Bath 35-34 in a “phenomenal” game of nine tries.
How overlooked star is key to Forest's magnificent rise
The best league position Nottingham Forest had achieved in 28 years came last season.
United 'a different team' in spirited draw at Liverpool
If the measure of a Manchester United player is how he performs against their fiercest rivals, then Amad Diallo has begun in auspicious style.
FAMILY MISFORTUNES
ITV's four-part drama 'Playing Nice' is bland porridge that buries any potential for a good thriller
Jolie has become cinema's most risk-averse star - she needs Kidman's courage
Staid biopic 'Maria' and erotic thriller 'Babygirl' expose how far the two women's careers have diverged, says Xan Brooks
'I'm a clown in a war zone'
Mohammed Nayef Salem tells Maira Butt how an unlikely vocation came to be a lifeline for hundreds of Gaza's children
Ride or die in team Trump
Alex Hannaford asks who, if anyone, can stop the incoming president from wreaking serious havoc in his second term
Filmmaker Baena died by suicide, coroner confirms
Jeff Baena's cause of death has been confirmed by officials, after news broke that the indie filmmaker had died aged 47.
'Significant' losses in Kursk for Russia and North Korea
Russian and North Korean forces suffered \"significant\" losses during intense fighting in Russia's southern Kursk region, Ukrainian president Volodymyr Zelensky has said.
First lawsuit filed against city of New Orleans after 'preventable' terror attack
Police targeted for its 'negligence' leading up to rampage