Liam Kennedy has confirmed Newcastle United’s potential new owners and the Saudi Arabian government are two separate entities.
The Magpies are heading into an arbitration case against the Premier League later this month, although a date has yet to be set.
Amanda Staveley, the financier leading the takeover bid by the Public Investment Fund, has urged Magpies fans and MPs to help push through the £34omillion takeover.
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She has insisted the prospective owners, which would include Staveley’s husband Mehrdad Ghodoussi and David and Simon Reuben, have not been deterred in the bid to buy the St James’ Park-based club despite the arbitration case.
Current Newcastle owner Mike Ashley has been looking to sell the Premier League club for some time and is keen for the arbitration case to be played out in public.
While the takeover bid has been widely billed as being Saudi Arabia-backed, Shields Gazette reporter Kennedy insists the Public Investment Fund is not run by the Saudi government.
He told TIF: “The idea of separation is multi-faceted, in my opinion. It’s written in Saudi law that the only people that can decide on the separation of institutions is the people who run them in the Saudi state.
“They have it written in statute that these are two totally separate entities.”