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Premier League set to revamp owners' and directors' test in light of controversial £300m Newcastle takeover backed by Saudi Public Investment Fund

The moral, political and legal difficulties presented to the Premier League by Saudi Arabia's proposed takeover of Newcastle United is likely to see a revamp of their owners' and directors' test, sources have told Sportsmail.

The £300million deal, backed by Saudi's Public Investment Fund, is awaiting the League's approval but that process is understood to have been held up given the complexity of broadcast piracy allegations against the Saudi state.

Sources close to the deal suspect a decision could even be delayed until next week, especially as the matter of if and when Premier League football can return will be taking priority.