Duncan Castles has been speaking on the latest episode of The Transfer Window podcast and has revealed some new information on the proposed takeover of Newcastle United.
Castles spent a lot of time discussing other issues but also dedicated some time to talk about the situation Newcastle find themselves in.
He revealed that the buying side, Amanda Staveley’s Saudi-backed consortium, have answered all questions put to them by the Premier League regarding the issue of piracy.
This is what he had to say on that:
“From the takeover perspective, the guidance I have is that those questions over piracy, in particular, every question that the Premier League has put to them via Newcastle United has been answered.
“I’m told that the questions over the piracy matter ended around a month ago; they say there [have] been further questions, they will not tell me what those questions are over.”
It seems as if one of the main issues in this proposed takeover was dealt with around a month ago though it is interesting that the group will not reveal what the further Premier League questions have been about.
Is it good the questions on piracy have ended?
Yes, it is a positive sign
No, as now there is something else
TIF Thoughts…
One of the main issues for this takeover was piracy, and it was thought that the PL would need to see some movement on that before they accepted the takeover.
It seems as if the questions on piracy have stopped, which could coincide with Saudi Arabia announcing a crackdown on piracy.
However, it could be these further questions that are holding up the deal, but it is unclear what they relate to.
Could they be about Saudi Arabia permanently blocking beIN Sports? It will be interesting to see what the PL decide to do next if the piracy issue has been dealt with.