According to the Daily Mirror, American businessman Henry Mauriss is still prepared to step in and buy Newcastle United if Saudi Arabia’s Public Investment Fund’s £300 million bid is rejected by the English Premier League. The World Trade Organization has ruled that Saudi are behind pirate satellite station beoutQ, and that could deal a blow on PIF’s chances of buying the Magpies, with the consortium at the risk of failing the Directors’ and Owners’ test. Media tycoon Mauriss is said to be readying a rival bid and is willing to meet Mike Ashley’s original asking price of £350 million.
Report: Henry Mauriss won’t comment on his Newcastle United interest while the period of exclusivity surrounding the PIF bid still exists
