Newcastle United fans are really starting to get exhausted as Saudi Arabia’s Public Investment Fund’s £300 million takeover saga drags on into the third month.
The Premier League’s Owners’ and Directors’ Test is taking longer than expected, with Saudi’s alleged piracy of sporting events via satellite station beoutQ further complicating things.
PCP Capital Partners’ Amanda Staveley – currently fronting the bid – is now occupied with a £1.6 billion legal battle with Barclays, and while that isn’t expected to have any effect on the takeover, it isn’t ideal given that the court case will take a lot of her time.