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Sean McCormick

Sheffield United's owner Prince Abdullah is asked about the Saudi-backed Newcastle takeover bid

Sheffield United's Saudi owner Prince Abdullah believes the odds would now suggest the Saudi-backed takeover of Newcastle United will no longer happen.

Amanda Staveley's PCP Partners' bid to buy Newcastle United, backed by the billionaire Reuben Brothers and Saudi Arabia's Public Investment Fund, fell through last month when the group announced they had pulled out of a deal.

Staveley blamed the long delay in the Premier League coming to a decision over whether the bid passed its owners' and directors' test, as well as the objections of rival clubs, as to why the bid fell through.

In response, Premier League CEO Richard Masters told the Newcastle United Supporters' Trust that:

  • The door remains open for the Saudi-backed takeover if the group decide to come back to the table
  • Rejected talk that any of the club's Premier League rivals had influenced the process
  • Denied there were assurances about no red flags given to the group

Staveley and the Reuben Brothers had said to be open to revisiting the bid and that was put to the Blades' Saudi owner during an interview on Monday morning.

However, Prince Abdullah said that although he has no involvement with the Saudi government, he feels a deal will now unlikely happen.

"I don't work with the government anymore. I haven't worked with them for two-and-a-half years," he told TalkSPORT.

"From what I have heard I think the odds are it won't happen. I think there may be a little chance but I am not involved so I am only speculating.

"We have had a successful experience with Sheffield United so I am hoping it will open the door for many more investors in our area to come and invest in England."

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