Premier League

Mystery surrounding Saudi element of Newcastle takeover could be good news for West Ham

Add as preferred source on Google

Fresh reports surrounding a takeover at Newcastle United could hold good news for West Ham United fans.

A large section of Hammers supporters have been protesting against owners David Sullivan, David Gold and Karren Brady this season.

Those protests have been put on hold since football was shut down due to the global health crisis.

But the sentiment remains.

Many West Ham fans want Sullivan and Gold to sell up.

Photo by Clive Mason Getty Images

Protesting West Ham fans had hopes raised by talk of Saudi interest

Hopes were raised back in February when a Saudi fund headed by mega rich Crown Prince Mohammed Bin Salman were linked with a potential West Ham takeover bid (Football Insider).

“The Gulf Nation’s sovereign wealth fund have held detailed discussions over the last month about buying Newcastle for £340million but no deal has been agreed,” Football Insider said.

“City sources have told Football Insider there are growing whispers the Saudi group could target a sensational takeover of West Ham instead.”

Bin Salman was said to be the key man behind the reported ongoing takeover interest in West Ham’s Premier League rivals Newcastle United.

Now it has emerged the Newcastle takeover is very much back on (Sky Sports).

Photo by ALEXEY NIKOLSKY SPUTNIK AFP via Getty Images

Newcastle takeover back on but mystery surrounds Bin Salman involvement

It is being reported that PCP Capital Partners are in advanced talks with Mike Ashley. The deal could finally end his 13-year tenure as owner of Newcastle.

“This follows significant Companies House legal documentation that emerged on Tuesday morning, proving legal framework for a deal was being put in place by the two parties,” Sky Sports reports.

But crucially Sky Sports pointed out the Saudi Public Investment Fund – which was reportedly showing an interest in West Ham – are not mentioned in official documentation.

“Sky Sports News reported in January Amanda Staveley’s PCP Partners and the Saudi Public Investment Fund (PIF) were in talks to buy Newcastle,” the report continues.
“It is unclear as to why there is no mention of (Saudi) PIF in any of the Companies House documentation.”
Photo by Justin Setterfield Getty Images

Glimmer of hope for frustrated Hammers fans or a false dawn?

Mystery surrounding the omission could be good news for West Ham fans holding out hope for their own takeover.

Equally it could be a false dawn. Speculation suggests the Saudi Fund is still very much at the heart of the Newcastle deal.
Unpopular Hammers co-owner Sullivan made a pledge back in 2016 about only selling West Ham to Saudi royalty – on the club’s official website no less.
Sports giant Red Bull were also linked with renewed takeover interest back in February (Claret & Hugh).