A lot of Newcastle United fans are baffled by the latest takeover update, which claims that Carla DiBello is helping the Saudi Wealth Fund in their attempts to buy the Toon from Mike Ashley.
The report from Bloomberg, as relayed by @NUFC360 on Twitter, claims that DiBello is an entrepreneur and is working on the deal with Amanda Staveley.
Does this update really matter?
Yes
No
If the deal goes through, DiBello could become an advisor in a new-look Newcastle United boardroom.
The article also details how the Saudi Wealth Fund is in talks with Ashley, and the fee mentioned is £340m.
DiBello has close links to Saudi Arabia and to Kim Kardashian West, and the whole thing has many Newcastle fans baffled.
Saudi Arabia’s sovereign wealth fund is working with a socialite friend of Kim Kardashian West to secure its latest deal.
Carla DiBello, an entrepreneur who’s close to the reality TV star, is advising on the Public Investment Fund’s proposed acquisition of #NUFC. [Bloomberg]— NUFC360 (@NUFC360) February 7, 2020
What an absolute circus this is turning out to be
— Geordie (@trevangus) February 7, 2020
— Robert Letham (@bobletham673) February 7, 2020
Getting into the realms of fantasy now!
— MSW (@Toonattics) February 7, 2020
Can’t get much more farcical can it? Is Vince McMahon still interested? What about Mayweather?
— Hacksaw Radge (@PureDivvy) February 7, 2020
This is getting ridiculous now ?????
— Dave Heron (@DavidHeron17) February 7, 2020
Can this club be anymore of a joke.
— Kris Barbour (@barbour_kris) February 7, 2020
What do we think?
The takeover rumours emerged nearly two weeks ago when the Wall Street Journal published a report about it.
However, since then, talk has gone quiet, but there is thought to be little fear that the deal has fallen through.
This latest update is just another complication, as it shows that there are a lot of people involved in this proposed takeover.