Foreign Secretary Dominic Raab has talked about the Newcastle takeover, and he toes the government line, that they will not interfere and trust that the owners’ and directors’ test of the Premier League will come to the right decision in what is a legal process.
It may just be us, but it seems the comments made by Raab seem almost positive for the takeover o Newcastle, but perhaps we are just reading too much into his remarks.
It is exactly 10 weeks today since Amanda Staveley submitted the documents (on April 7th) for the takeover to the Premier League – and still nothing.
One positive is there has been good communication both ways between the Premier league and Amanda Staveley’s consortium, and the consortium are still saying the deal will go through.
As for the Premier League, if they block this deal, it means that Saudi Arabia will never be able to own a Premier League club for the foreseeable future.
That’s unless they change their ways substantially, and with this current acquisition, they will pour money into Newcastle United and the Premier League.
Dominic Raab (shown above) made an appearance on Sky News this morning, and this is some of what he said:
“There’s a proper process that we’ve got in place to look at everything from the competition aspects to other questions of propriety,”
“I think it’s right that that legal due process, with all its safeguards that it’s got in place, is followed. We have this debate about takeovers in this country, and I think we should follow the rule of law.”
“We had the same debate in relation to Roman Abramovich and Chelsea. I think it’s right that we welcome engagement, investment into football in this country.”
“Everyone’s pleased to see the Premier League back up and running, and also that there are legal safeguards to make sure it’s done the proper way.”
“This country is an open, outward-looking country. We’ve got investment from all around the world, but we do need safeguards in place.”
” We’ve seen that in relation to 5G, takeovers that national security and other questions of propriety are properly scrutinized.”
“We’ve got the due process and laws in place to do that. We have to trust the institutions we’ve got to deliver that.”
Everything Raab says there is correct and, of course, political, and he gives nothing away.
But Newcastle are like a ship drifting in the ocean with no direction at the moment.
Mike Ashley doesn’t want to be involved, and the would-be owners are waiting in the wings to take over.
Yes, I’m like a broken record, but it’s about time the Premier League made a decision on this takeover: 10 weeks is enough time for them to gather the information they need to make a decision.
Howay The Lads!!