FFS,
Nothing to do with``Wet Spam``mate
Arguably the most controversial takeover deal in Premier League history is finally over.
Sources close to the consortium say they tried to prove to the Premier League that the Saudi government would have no say in the day-to-day running of the club.
The Premier League seems to have been concerned that individuals not on the club's new board would have had influence over decision-making at St James' Park because the Saudi Crown Prince is the chairman of PIF. Ultimately this issue could not be resolved.
Current owner Mike Ashley is also understood to have tried to renegotiate the deal in recent days because of the length of time that had lapsed, and that also contributed to the decision by the group to walk away.
But with so many negative headlines over Saudi Arabia's poor human rights record - plus tension with rival clubs and broadcast partner beIN Sport over television rights piracy concerns - Premier League officials may be privately relieved the consortium has taken the decision out of its hands.
Many in football will now want to see its Owners and Directors' Test strengthened to ensure states like Saudi Arabia cannot buy clubs, and there is no repeat of a saga that has done little for the game's reputation.
After months of uncertainty, however, Newcastle United fans desperate to see the back of Ashley will no doubt see it very differently.
Breath deeply now and inform your self appropriately before making silly accusations
as you were now
John....