Premier League chief executive Richard Masters insists he cannot comment on whether the Premier League are set to re-investigate the 2021 takeover of Newcastle United. The £300m purchase by Saudi Arabia's Public Investment Fund (PIF) has been thrown back into the spotlight due to a messy court case between Saudi-backed golf organisation LIV Golf and the PGA Tour in recent weeks.
Chronicle Live understands Newcastle United are confident no fresh action will be taken against them because the Premier League already have "legally binding assurances" surrounding separation between the Saudi state and the Public Investment Fund - a major sticking point before the takeover was eventually given the green light almost two years ago.
However, the issue has reared its head once more after PIF challenged a court order that would have seen the wealth fund's governor and Newcastle chairman Yasir Al-Rumayyan testify in the golf case. PIF argued Al-Rumayyan is 'a sovereign instrumentality of the Kingdom of Saudi Arabia and a sitting minister of the Saudi government.'
