Tells Magpies fan group as lengthy takeover process continues
operations being in the hands of the individual clubs, they did say they would talk to Newcastle United on our behalf,” a section of the update sent out by NUST’s board read.
“It must be stressed this is not a guarantee of an outcome, we are firmly reliant on the duty of Newcastle United to abide by its duties to supporters.
“However, it is positive the Premier League listened to the Trust, understood our concerns and we hope to hear back from them.
“It was also confirmed to the Trust that the potential takeover is still not completed but ongoing.
“The Premier League stressed their ownership test is stricter than many are led to believe.”
Saudi Arabia has dismissed links to beoutQ, but the Premier League wrote to the US government in February to ask them to keep Saudi Arabia on the priority watch list because they believed the country ‘remained a centre for piracy’.
The organising body will have to ascertain whether the allegations the Saudi state have facilitated piracy are grounds to reject the takeover and whether these allegations can be linked to owners or directors the consortium have nominated.
When it comes to the fate of this takeover, there are two key points to note in the disqualifying events section of the owners’ and directors’ test in the Premier League handbook:
F.1.1.2 – A person shall be disqualified from acting as a director and no club shall be permitted to have any person acting as a director of that club if in relation to the assessment of his compliance with
Rule F.1 (and/or any similar or equivalent rules of the Football League or the Football Association) at any time, he has provided false, misleading or inaccurate information;
F.1.6 – In the opinion of the board, he has engaged in conduct outside the United Kingdom that would constitute an offence of the sort described in Rules F.1.5.2 or F.1.5.3, if such conduct had taken place in the United Kingdom, whether or not such conduct resulted in a conviction.