According to a report in the Daily Mail, sporting event promoter Barry Hearn played a role in introducing the parties that make up the Saudi-backed consortium trying to buy Newcastle United.
The claim is that Hearn introduced Amanda Stavely to Saudi Crown Prince Mohammed bin Salman’s representatives at the Anthony Joshua heavyweight fight against Andy Ruiz Jr in Saudi Arabia last December.
It was this meeting that sparked the Saudi Crown Prince’s Public Investment Fund’s involvement in the £340m takeover attempt of Newcastle.
Hearn’s company Matchroom Sport negotiated the agreement to have Joshua’s title fight in Saudi Arabia. Hearn is also the former owner of Leyton Orient.
If true, it would counter reports that this current takeover has been in the works for months with some claims it stretches back to the summer.
Just yesterday, American entrepreneur Carla DiBello was said to be working with Amanda Stavely on the takeover of Newcastle.
So Hearn is the second person in as many days to be linked to this Saudi-back consortium, albeit in a perfunctory role.
But still, there has been no bid made, and it’s business as usual at Newcastle. Even though reputable outlets like the Wall Street Journal and Bloomberg are reporting on this proposed takeover, it doesn’t seem like it’s anywhere close at the moment.