Prime Minister Boris Johnson ‘agrees’ with calls for Premier League statement concerning failed Saudi-backed Newcastle takeover

6 min read
Takeover 'will go through' and no immediate plans to replace Steve Bruce with Mauricio Pochettino

Prime Minister Boris Johnson ‘agrees’ with calls for the Premier League to make a statement on a Saudi-backed consortium’s failed takeover of Newcastle.

Amanda Staveley’s company PCP Capital Partners was leading a £300million buyout, with Saudi Arabia’s Public Investment Fund (PIF), which is led by crown prince Mohammed bin Salman, backing the deal.

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The proposed Saudi-backed takeover of Newcastle fell through last week

However, the prolonged progress of the takeover saw the consortium pull the plug on a deal last week.

A joint PCP and PIF statement, released when the takeover fell through, read: “We feel great compassion for the Newcastle United fans with whom we shared a great commitment to help.

“We would like to say that we truly appreciated your incredible expressions of support and your patience throughout this process. We are sorry it is not to be.”

In a brief statement on Twitter, Newcastle United Supporters’ Trust wrote: “The Prime Minister of the United Kingdom @BorisJohnson has today supported calls by the Independent Football Ombudsman asking the @premierleague to make a statement regarding the takeover of Newcastle United.

“The PM stated, in an email to our members that .. [he] ‘agrees with their conclusion that the Premier League should make a statement on this case.

“I am pleased that the Ombudsman has committed to advising the Premier League to provide a statement.”’

Johnson wants the Premier League to make a statement over the takeover situation at Newcastle

Getty – NurPhoto

Johnson wants the Premier League to make a statement over the takeover situation at Newcastle

The Saudis’ decision to walk away from a takeover deal has devastated Newcastle fans who thought Mike Ashley’s 13-year reign was coming to an end.

talkSPORT host Jim White has revealed that Staveley is hoping to revive a takeover attempt, however.

He said upon the proposed deal falling through: “I’ve just got off the phone with a tearful Amanda Staveley who said to me, ‘I am absolutely heartbroken for the supporters of Newcastle, for club, and the community.’

“Amanda Staveley told me ‘we will not give up!’” – Reaction to the Newcastle takeover collapse

“All the emotion of waiting and waiting, and the work she’s done on this bid over the last two years, came out to me in that phone call.

“The bid was real, it’s been there all the time, Ashley agreed to it, and they told me today they were going to allocate £250m more for the club, the academy and the community, but now it’s all gone.

“Having said that, and I don’t know how genuine this is, but as Amanda Staveley said ‘goodbye’ to me, she added, ‘get it out there, though, we will not give up. We will not give up.’”

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