beIn Sports and former Sky Sports pundit Richard Keys has written today on his blog that he’s been told the Newcastle takeover, led by Amanda Staveley, will be allowed by the Premier League and announced by the end of this week.
It’s been the last thing Keys has wanted to happen, since it was announced that the Saudi Arabia Public Investment Fund (PIF) would own 80% of Newcastle if the deal went through.
But he seems to have tempered his objections to the takeover because he admits that the Saudis have made (or will make) some progress in preventing the pirating of the beIN Sports signals by Saudi station beoutQ.
They include the live signals of the Premier League games.
The UK government have also announced in the last week they will resume arms sales to Saudi Arabia after they were suspended over concerns about Saudi human rights violations in Yemen: those concerns have been lifted, it seems.
So the Premier League can hardly turn the deal down now – that would be hypocritical (but possible).
This is some of what Keys (shown above when he heard the news ) has written in his blog today:
“Any day now the PL will nod through the Saudi bid for Newcastle. “
“This is not for the Newcastle Chronicle because they promised some time ago not to quote me – but I’m told it’ll happen Friday.”
“It’ll happen not because the Saudi’s are ‘fit and proper’. “
“There is no formula by which they, collectively or individually, pass any of the PL’s tests in that respect.”
” No, it’ll happen because the British Govt want it to. It’ll happen because Arms deals will boost the British economy and the Saudi’s have doubtless promised to finance a bit of UK infrastructure.”
” The Saudi’s will also have to make some serious moves to settle their ‘rights’ dispute with Qatar.”
Things have been very quiet on the takeover front over the last several weeks.
So maybe the deal will happen this week?
And that’s the 176th time we have written that since mid-April.
Well – what do you think about this?
Are we on track to become one of the most visible and best football clubs in the world over the next several years?
Whoops – I need to quickly get to those blood pressure pills!