Newcastle Takeover Delayed by Lack of Clarity

Newcastle
United's proposed takeover by a Saudi Arabian-backed consortium has been
delayed because of a lack of clarity over who would be in charge at the club,
BBC Sport has learned.
Sixteen
weeks after documents relating to a £300m takeover were registered with the
Premier League, the deal is still being scrutinised under its owners' and
directors' test.
But it is
understood compliance requires greater certainty as to who would have ultimate
responsibility at St James' Park.
The bid has
been led by British financier Amanda Staveley, but Saudi Arabia's sovereign
wealth Public Investment Fund (PIF) is set to take an 80% stake.
PIF's
chairman is Crown Prince Mohammed bin Salman, and it appears the Premier
League's lawyers are struggling to establish the precise links between the
consortium and the Saudi government.
This is
crucial given the television rights piracy issues that have dogged the saga,
with Saudi Arabia denying claims it facilitated the illegal streaming of sports
events in the Middle East.
The Premier
League, PIF and Magpies owner Mike Ashley have all declined to comment, but
with only seven weeks until the new season starts, patience is starting to wear
thin on all sides.
On Saturday,
manager Steve Bruce spoke for Newcastle fans when he said: "We need a
decision and we need one quickly."
The
potential takeover has been complicated by television piracy issues and alleged
human right abuses.
Families of
prisoners held in Saudi Arabia have told BBC Sport that they will "not
stay silent" even if the deal goes through.
There is
also keen interest in Newcastle from American businessman Henry Mauriss, who is
willing to offer £350m for the club, who finished 13th in the Premier League
standings.
BBC Sport
has been told by a source that an exclusivity clause held between Ashley and
the Saudi-backed consortium has come to an end.
That could
offer an opportunity for Mauriss' camp to capitalise should the bid fall
through.
So, in the
meantime, it is all eyes back on Premier League chief executive Richard Masters
and its board. It will make the call on whether the prospective owners have
broken any laws and meet the required standards to protect the league's reputation
and image.
Sources have
said that although Bin Salman is the chair of PIF, he is not involved with its
day-to-day running, so questions about Saudi Arabia's human rights record are
not relevant to the bid.
More than 97%
of Newcastle United Supporters' Trust members are in favour of the takeover,
and many fans have dismissed the manner in which the media has raised issues
which could derail the Saudi bid.
Given their
significance and complexity, however, those issues have been hard to ignore.
TV piracy in
Saudi Arabia is a huge problem for the Premier League to contend with,
especially as it has previously complained about it.
The World
Trade Organization said there had been an infringement of intellectual property
rights via the illegal beoutQ service, but in an apparent response to that
ruling, Saudi Arabia then barred beIN Sports from operating.
Its service
is the only legal way of watching Premier League football in the country. Saudi
Arabia has always denied aiding the beoutQ operation and has insisted there is
no link between its government and the alleged piracy.
There have
also been appeals to the Premier League and fans about how Saudi Arabia
disregards human rights, which Masters said would be "fully
considered".
Families of
prisoners held in the kingdom have told BBC Sport that allowing a Saudi
takeover would "legitimise" the regime that "commits horrendous
crimes".
The takeover
goes to the core of the sports-washing idea that many human rights
organisations have raised. They say that if the Arab state is associated with
the globally positive image of the Premier League, it would gloss over the
abuses that occur in the country.
Lina
al-Hathloul says her sister Loujain, a human rights activist, is one such
example. Loujain campaigned for women's rights to drive; according to
her sister, she has been in prison for two-and-a-half years and has been
tortured, sexually harassed and held in solitary confinement for eight months.
The Saudi
government says she and other activists were detained for conspiring with
"hostile entities", while Bin Salman told CBS's 60 Minutes in 2019
that releasing her was not his decision to make. He added: "If this
[torture] is correct, it is very heinous. The Saudi laws forbid torture."
But in an
appeal to Newcastle fans, Lina said: "I want to tell them that their
everyday life is very different from ours. My sister is in prison just because
one of her demands was for women to drive.
"Saudi
Arabia will be embarrassed if at every game they have protests. Whatever the
decision is at the end, fans have leverage, they can ask for the detainees to
be released."
Areej
al-Sadhan, whose brother Abdulrahman is a humanitarian worker for Red Crescent
and has been in prison for more than two years, said hundreds of families like
theirs were affected.
She added:
"We cannot stay silent about it. We are actually risking our own lives by
speaking out about the situation.
"There
are things money cannot buy and fans seriously need to look deeper at the Saudi
practices in the kingdom."
Bruce has
previously said he would "love to be part" of the takeover, but his
more immediate concerns will be related to the forthcoming season, which starts
on 12 September.
He is set
for a meeting on Wednesday with Ashley, where he can discuss if any funds are
available for transfer targets. Bruce has said he hopes to get a few deals
done, and will also hope that midfielder Matty Longstaff signs a new contract.
But most of
all, he, like many fans, wants to know if the takeover will happen or not.
"It is
a frustration," he said after losing to Liverpool on Sunday. "The
club needs that clarity, all of us, so let's hope we can get that in the next
few days or week or whatever it may be.
"If
that's not going to happen, we need to know quickly so it can be business as
usual."
As has been
the case for almost four months, the answer lies with the Premier League.
FROM .bbc.com/sport/football
No comments