The UK government should stop “dodging" the issues surrounding the proposed Saudi Arabian takeover of Newcastle and intervene, according to Conservative MP Karl McCartney.
Saudi Arabia's Public Investment Fund, which is headed up by Crown Prince Mohammed bin Salman, is believed to be closing in on a £300 million ($375m) bid to take the club out of current owner Mike Ashley's hands.
The Saudi group would own 80 per cent of the club. The remaining 20% would be split between Amanda Staveley's PCP Capital Partners (10%) and British businessmen the Reuben brothers (10%).