The latest on the takeover is that the Premier League want to know who will be running the day to day operations at Newcastle if they OK the takeover bid, launched by Amanda Staveley.
They say there is a lack of clarity on who exactly will be running the club.
The league now wants to know who will have ‘ultimate responsibility’ at Newcastle.
Well, the owners will be the Saudi Public Investment Fund, since they have put in 80% of the money towards the £300M bid accepted by Mike Ashley.
The news has been that Amanda Staveley would become CEO, at least in the short-term, and the PIF governor, Yasir Al-Rumayyan, would become Chairman.
Alan Shearer – now doubtful on takeover
So it gets a bit murky and the latest issue seems to be with what role, if any, Saudi Crown Prince Mohammed Bin Salman will play, since he is the Chairman of PIF.
And now on BBC’s Match of the Day, Newcastle icon thinks the takeover is now doubtful.
Shearer said it was simply not fair on everybody at Newcastle: manager Steve Bruce, the club and the fans.
He said it’s unfair that this whole saga has dragged on (and on and on and on) for so long.
Shearer said a final decision from the Premier League needs to be made, which we’ve all been saying for a long time now,
And he now doubts it will be approved because it’s dragged on for so long.
We will have to wait and see, but the Premier league seem to be hoping that something will turn up so they don’t have to make a decision.
That will not happen, and they must show some backbone and guts and made their decision.
And if it’s a NO then they will likely be sued by the Saudis, and maybe by both Mike Ashley and Amanda Staveley too.
It’s unconscionable they have taken since April 9th on the owners’ and directors’ test and still, there is no decision.
They have to do their job and made the decision and soon too!
It’s getting beyond being ridiculous.
What do you think?