The UK First Secretary of State and Secretary of State for Foreign and Commonwealth Affairs Dominic Raab commented on the prospective takeover of Newcastle United by Saudi Arabia’s Public Investment Fund this morning on Sky News, saying the government welcomes foreign investment into football and making it clear that legal safeguards must be properly followed.
“There is a proper process that we’ve got in place to look at everything from the competition aspect to other questions of propriety. I think it’s right for that due process with all the safety guards in place that it’s got in place is followed.