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NUFC ‘privately confident’ of Saudi takeover green light

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This has got to be the longest takeover in the history of football but fresh reports yesterday suggest that it is still very much on the cards.

It is over a year ago now that we all got very excited by a series of documents appearing on Companies house that meant a deal had been agreed between Mike Ashley and Amanda Staveley’s wealthy consortium. The Premier League’s owners and directors test seemed a doddle, this was it! Oh, how naive we were.

The takeover was met by critics from the outset, with some coming from a genuine place and questioning the brutal human rights record that Saudi Arabia have become known for and the rest and most pressing coming from TV companies bemoaning the links between PIF and piracy of Premier League matches.

The wait went on and on until the consortium officially pulled out in late July only to apparently come back to the table in the coming months.

Since then all we have really had in the way of updates are cryptic tweets from the acclaimed Lionel Messi of sports law Nick De Marco, who has been hired by the club in their bid to win arbitration and clear the way for a takeover.

The Football Insider reports that the opposition from Richard Masters and co has thawed and it is a deal that can be done as soon as June or July. Yes I know, we have heard it all before!

First of it is surely imperative that United are not relegated to the Championship as I have serious doubts whether this incredibly ambitious group would entertain the idea of buying a club outside of the top flight.

But if we do manage to stay and up and this report is accurate, there would be scenes of jubilation on Tyneside.

Just picture the scene: Newcastle United stay in the Premier League, lockdown restrictions are fully eased in the UK and the Premier League belatedly rubber stamp the sale of our club to the richest owners in the history of the sport. Beautiful.

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