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Lee Ryder

Premier League boss Richard Masters breaks silence on Newcastle United's takeover deal

Premier League chief executive Richard Masters has broken his silence on Newcastle United's £305million sale to Saudi Arabia's Public Investment Fund, Amanda Staveley and the Reuben brothers.

Masters says that he was satisfied with the terms of the sale and feels the club will be run on the right basis.

Masters told the BBC: "The takeover has gone through and we have to be comfortable that all the things we do at the Premier League will be preserved under the new ownership and the equality and diversity scheme will be preserved.

"You can't have one rule for one and one for another and so Newcastle will be run on the right basis.

"PIF are an investor in many other companies in this country and maybe football is being targeted and talked about in a different way. I can't choose who is chairing a football club. The owners test doesn't let us take a view on that."

When asked by BBC's Dan Roan whether the Saudi state could still interfere with club affairs and order PIF what to do, Masters said: "In that instance, I don't think we would know. [But] I don't think it is going to happen."

Masters said that the Premier League had "legally binding assurances" that there would be no interference but that owners can be removed if there was "evidence to the contrary".

Masters also said that PIF was separate to the Saudi state and added: "There is a corporate difference between the two, there is.

"That's what we were investigating – whether the Saudi state could control the club through the investment fund.

"We have received assurances that is not the case."

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