More

    Newcastle United correspondent Luke Edwards comments on Dominic Raab’s interview


    The UK First Secretary of State and Secretary of State for Foreign and Commonwealth Affairs Dominic Raab commented on the prospective takeover of Newcastle United by Saudi Arabia’s Public Investment Fund this morning on Sky News, saying the government welcomes foreign investment into football and making it clear that legal safeguards must be properly followed.

    “There is a proper process that we’ve got in place to look at everything from the competition aspect to other questions of propriety. I think it’s right for that due process with all the safety guards in place that it’s got in place is followed. We’ve this debate about takeover in this country and I think we should follow the rule of law,” the Foreign Secretary replied when asked if Saudia should be allowed to complete a takeover of the St. James’ Park outfit.

    “We had the same debate in relation to Abramovich and Chelsea. I think it’s right that we welcome engagement, investment into football in this country, and we’re pleased to see the Premier League back up and running, but also there are legal safeguards to make sure it’s done the proper way.

    “This country is an open, outward-looking country. We’ve got investment from all around the world, but we do need safeguards in place. We’ve seen that in relation to 5G, takeovers that national security and other questions of propriety are properly scrutinised. We’ve got the due process and laws in place to do that. We have to trust the institutions we’ve got to deliver that.”

    While many Newcastle fans think Raab is urging the Premier League to approve the £300 million takeover bid from the PIF, beIN Sports reckon he is telling the Premier League to block it and the Qatar TV giants are already circulating an email according to the Daily Telegraph’s Newcastle United correspondent Luke Edwards.

    NFL Betting

    The Premier League broadcast partners are strongly against the idea of the Saudis owning Newcastle after beoutQ cost them millions by illegally broadcasting games that rightfully belong to them, and they will be pulling out all the stops to ensure the takeover falls through.

    Source link news

    Related articles

    Comments

    1. 272891 807348Black Ops Zombies […]some men and women nonetheless have not played this game. Its hard to imagine or believe, but yes, some folks are missing out on all of the fun.[…] 674958

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Betting on Soccer

    Share article

    Latest articles

    Projected XI’s, team news, analysis

    The Liverpool vs Real Madrid lineups will be intriguing as both Jurgen Klopp and Carlo Ancelotti have some intriguing decisions to make.Liverpool have a...

    United Daily: Awards special

    Player of the Year, Goal and Save of the Season news, plus recognition for a brilliant member of staff… Source link news

    England, France, Netherlands jerseys unveiled

    NikeWith the start of the UEFA Women's European Championship six weeks away, Nike has unveiled kits for several of the top nations competing at...
    Betting on Soccer

    Newsletter

    Subscribe to stay updated.