Newcastle United takeover saga is possibly one of the most complex cases the Premier League has ever handled.
According to Mark Douglas of The Chronicle, the takeover process is at a ‘delicate stage’, as the protracted owners and directors tests goes past two months.
The would-be new owners – Amanda Staveley’s consortium — comprising her company PCP Capital Partners (10 per cent), the billionaire Reuben brothers (10 per cent) and the 80 per cent majority stakeholding of Saudi Arabia’s Public Investment Fund (PIF) – have done their part, and are awaiting the official confirmation from the Premier League.