{"id":16769,"date":"2023-03-28T14:03:42","date_gmt":"2023-03-28T14:03:42","guid":{"rendered":"https:\/\/kede.com.br\/news\/newcastle-premier-league-chief-richard-masters-cant-say-if-saudi-ownership-being-re-examined\/"},"modified":"2023-03-28T14:03:44","modified_gmt":"2023-03-28T14:03:44","slug":"newcastle-premier-league-chief-richard-masters-cant-say-if-saudi-ownership-being-re-examined","status":"publish","type":"post","link":"https:\/\/kede.com.br\/news\/newcastle-premier-league-chief-richard-masters-cant-say-if-saudi-ownership-being-re-examined\/","title":{"rendered":"Newcastle: Premier League chief Richard Masters &#8216;can&#8217;t&#8217; say if Saudi ownership being re-examined"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-reactid=\".n43ae2wqgk.0.0.0.1\">\n<figure class=\"gs-u-mt0 gs-u-mb-alt+ story-body__media story-body__media--figure qa-story-body-media story-body__media--lead\" data-reactid=\".n43ae2wqgk.0.0.0.1.$image-0\"><span class=\"gs-u-display-block story-body__media\" data-reactid=\".n43ae2wqgk.0.0.0.1.$image-0.0\"><span class=\"gs-u-display-block gs-o-responsive-image\" style=\"padding-bottom:56.25%;\" data-reactid=\".n43ae2wqgk.0.0.0.1.$image-0.0.0\"><\/span><\/span><figcaption class=\"gel-brevier gs-u-ph+ gs-u-pv-alt story-body__media__caption story-body__media__caption--image\" data-reactid=\".n43ae2wqgk.0.0.0.1.$image-0.1\">Premier League chief executive Richard Masters watched a match in January alongside Newcastle director Amanda Staveley<\/figcaption><\/figure>\n<p role=\"introduction\" class=\"qa-introduction gel-pica-bold\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-1\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-1.0\">Premier League chief executive Richard Masters has told MPs he cannot comment on whether his organisation is investigating who has control of Newcastle and if it is re-examining its approval of the club&#8217;s Saudi takeover.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-3\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-3.0\">However, in a US court case, documents published last month described the PIF as &#8220;a sovereign instrumentality of the Kingdom of Saudi Arabia&#8221; and PIF Governor and Newcastle chairman Yasir Al-Rumayyan as &#8220;a sitting minister of the government&#8221; with &#8220;sovereign immunity&#8221;.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-4\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-4.0\">The statements were made by lawyers representing LIV Golf, owned by the PIF, which also has a controlling stake in Newcastle.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-5\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-5.0\">Masters was asked about the documents by Digital, Culture, Media and Sport (DCMS) select committee member Clive Efford MP on Tuesday<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-6\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-6.0\">&#8220;I can&#8217;t really comment on it,&#8221; said Masters.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-7\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-7.0\">&#8220;I mean, even to the point of saying, &#8216;Is the Premier League investigating it?&#8217;, we can&#8217;t really comment on it.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-8\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-8.0\">&#8220;Obviously we are completely aware. And you&#8217;re correct about the general nature of the undertakings that we received at the point of takeover. But I can&#8217;t really go into it at all.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-9\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-9.0\">&#8220;The time when the Premier League comments publicly on regulatory issues is when it&#8217;s charged, and at the end of the process when an independent panel has decided whether any rule breaches have actually taken place. The investigatory process, we don&#8217;t talk about at all.&#8221;<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-11\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-11.0\">A San Francisco court approved the PGA Tour&#8217;s request to include Al-Rumayyan and the PIF as defendants in its lawsuit against LIV and ordered them to produce documents in the case.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-12\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-12.0\">However, the PIF challenged the order, arguing the fund and its governor Al-Rumayyan &#8220;are not ordinary third parties subject to basic discovery relevance standards&#8221;.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-13\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-13.0\">&#8220;The order is an extraordinary infringement on the sovereignty of a foreign state that is far from justified here,&#8221; a court document read.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-14\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-14.0\">&#8220;They are a sovereign instrumentality of the Kingdom of Saudi Arabia and a sitting minister of the Saudi government, and they cannot be compelled to provide testimony and documents in a US proceeding unless their conduct &#8211; not LIV&#8217;s or anyone else&#8217;s &#8211; is truly the &#8216;gravamen&#8217; of the case.&#8221;<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-15\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-15.0\">The PIF initially withdrew from its takeover bid for Newcastle in July 2020 as a result of an &#8220;unforeseeably prolonged process&#8221;, before the deal was revived.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-16\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-16.0\">The takeover was only approved in October 2021 after the Premier League received &#8220;legally binding assurances&#8221; that the Kingdom of Saudi Arabia would not have any control over the club.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-17\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-17.0\">The dispute had centred over who would have controlling influence of Newcastle, and would therefore be subject to the league&#8217;s owners&#8217; and directors&#8217; test.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-18\"><a href=\"https:\/\/www.bbc.co.uk\/sport\/football\/59436977\" class=\"story-body__internal-link\" title=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-18.$link-1\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-18.$link-1.0\">Masters told the BBC in November 2021<\/span><\/a><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-18.2\"> that if his organisation found evidence there was state involvement in the running of Newcastle &#8220;we can remove the consortium as owners of the club&#8221;.<\/span><\/p>\n<p class=\"\" data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-19\"><span data-reactid=\".n43ae2wqgk.0.0.0.1.$paragraph-19.0\">The same year, Newcastle director Amanda Staveley told the BBC that the PIF was an &#8220;autonomous, commercially-driven investment fund.&#8221;<\/span><\/p>\n<figure class=\"gs-u-mt0 gs-u-mb-alt+ story-body__media story-body__media--figure qa-story-body-media\" data-reactid=\".n43ae2wqgk.0.0.0.1.$video-21\"><span class=\"gs-u-display-block story-body__media\" data-reactid=\".n43ae2wqgk.0.0.0.1.$video-21.0\"><span class=\"gs-u-display-block gs-o-responsive-image\" style=\"padding-bottom:56.25%;\" data-reactid=\".n43ae2wqgk.0.0.0.1.$video-21.0.0\"><noscript data-reactid=\".n43ae2wqgk.0.0.0.1.$video-21.0.0.1\"\/><\/span><\/span><figcaption class=\"gel-brevier gs-u-ph+ gs-u-pv-alt story-body__media__caption story-body__media__caption--video\" data-reactid=\".n43ae2wqgk.0.0.0.1.$video-21.1\">Premier League CEO on Newcastle United takeover<\/figcaption><\/figure>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/sport\/football\/65102462?at_medium=RSS&#038;at_campaign=KARANGA\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Premier League chief executive Richard Masters watched a match in January alongside Newcastle director Amanda Staveley Premier League chief executive Richard Masters has told MPs he cannot comment on whether his organisation is investigating who has control of Newcastle and if it is re-examining its approval of the club&#8217;s Saudi takeover. However, in a US [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[67],"tags":[2160,206,6477,2635,8555,205,8556,4205,945],"_links":{"self":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/16769"}],"collection":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/comments?post=16769"}],"version-history":[{"count":1,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/16769\/revisions"}],"predecessor-version":[{"id":16771,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/16769\/revisions\/16771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/media\/16770"}],"wp:attachment":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/media?parent=16769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/categories?post=16769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/tags?post=16769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}