Leaked Messages Reveal Bin Salman's Role in Newcastle Takeover
- The Newcastle United takeover by Saudi Arabia's Public Investment Fund was finalized in October 2021, with Amanda Staveley as a key broker.
- Leaked WhatsApp messages have revealed Crown Prince Mohammed bin Salman's close involvement in the negotiations and raised concerns about state control over the club.
- The Premier League confirmed the separation of PIF from the Saudi state, despite ongoing discussions about human rights and foreign ownership in football.
In October 2021, Newcastle United Football Club was taken over by Saudi Arabia’s Public Investment Fund (PIF) following a £305 million deal brokered by Amanda Staveley, a former minority co-owner. Staveley, who sold her shares in July 2021, referenced leaked WhatsApp messages suggesting that Crown Prince Mohammed bin Salman was closely monitoring the takeover process. These communications highlighted concerns regarding the Crown Prince's patience during negotiations and the involvement of UK government officials trying to facilitate the acquisition. The Premier League sought crucial assurances to ensure that the PIF maintained independence from the Saudi state amidst scrutiny over the kingdom's human rights record. Despite doubts surrounding the ownership's compliance with regulations, the Premier League confirmed that it received legally binding assurances regarding state control over the club. Notably, Staveley's statements reflect confidence in PIF's adherence to these commitments, while the PIF asserts its operational autonomy. The events surrounding this takeover have heightened discussions about the influence of foreign ownership in English football and the implications for future investments in the league.