Wtf is going on?
I assume stavleys still considering trying to broker a deal elsewhere but considering giving up
Wtf is going on?
The end result is only 4 teams can buy the league nowThe examples you give are set up for numerous investors to group their money together and buy a club while limiting their own legal exposure.
The Saudi fund has a single source of funding and ultimate control as you describe, and they were unwilling to admit that to the PL when asked to clarify.

The end result is only 4 teams can buy the league now![]()
Yeah but an £80m CH helps.You can still win through skill like Liverpool or luck like Leicester
Yeah but an £80m CH helps.
Hmmmtaken from the Times
Rival clubs accused of undermining Newcastle takeover as Saudis pull plug
The Saudi-backed bid to buy Newcastle United was today withdrawn, with Amanda Staveley, the businesswoman at the centre of it, blaming the decision on opposition from rival clubs and the Premier League delaying approval.
Staveley was in tears as she spoke about the consortium’s decision today to withdraw the £300 million offer to Newcastle’s owner, Mike Ashley. She also criticised the Premier League for not approving the takeover — it has been more than four months since the process began but the league has still not given any indication of when it would make a decision.
It's back on lads
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Why would they not try and block it. It affects them if we had the money.taken from the Times
Rival clubs accused of undermining Newcastle takeover as Saudis pull plug
The Saudi-backed bid to buy Newcastle United was today withdrawn, with Amanda Staveley, the businesswoman at the centre of it, blaming the decision on opposition from rival clubs and the Premier League delaying approval.
Staveley was in tears as she spoke about the consortium’s decision today to withdraw the £300 million offer to Newcastle’s owner, Mike Ashley. She also criticised the Premier League for not approving the takeover — it has been more than four months since the process began but the league has still not given any indication of when it would make a decision.
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Who are we to believe then? Some one at the head of the acquisition or you?So she confirms it was nothing to do with commercial viability after all it was just about them refusing to clarify ownership.
Her claiming they had answered the question is obvious BS. If you're acting in good faith and someone asks for clarification you answer the question as many times as is necessary not just run away.
Martyn ZieglerSo she confirms it was nothing to do with commercial viability after all it was just about them refusing to clarify ownership.
Her claiming they had answered the question is obvious BS. If you're acting in good faith and someone asks for clarification you answer the question as many times as is necessary not just run away.
Who are we to believe then? Some one at the head of the acquisition or you?
Nice one Chaos, that'll keep us going for another 1000 pagesIt's back on lads
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I can believe this but at the same time how is that fair.Keith Downie
@SkySports_Keith
PIF/PCP felt it would never be ratified by the PL and have pulled the plug as a result. They’re not happy with the Premier League and their dealings from the start
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Martyn Ziegler
@martynziegler
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Staveley tells me consortium had answered all Premier League's questions but could still not secure approval. Sources say Liverpool + Spurs among clubs opposing the takeover.
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