Qatar Mag

It wouldn't surprise me if there was some sort of announcement / statement of some sort between now and at the very the latest next week, due to the start of Ramadan which starts next, as the next 4 weeks from 23rd April / 24th till 23rd / 24th May will be Ramadan, if there is no announcement or any sort of statement before then I doubt they (PIF) will want out anything in the public until after Ramadan.

This is a business for PIF / AS / etc as well, currency plays a massive part. As per my previous reply, it's a huge swing within the USD to GBP, the swing since December to now makes the deal and MA needs cash flow, this is the only cash injection / cash flow of all MA assets right now that will give him that.

To be fair, sounds a bit daft but it's a good time to buy into a GBP market if you have overseas cash such as USD (Saudi Riyal as its pegged to the USD) which they will have. Comparable to 6-12 months ago the currency has changed dramatically in favor of overseas investors investing into the UK, if they were interested then but the price was never met, now is the time to jump on it due to the huge currency fluctuations from GBP to USD since Coronavirus. You never know they may have already bulk purchased the currency over the past 4 weeks which is why maybe the premier league has been informed. So in 6-12 months time when the economy and market improves, the new owners would have made a profit just on the USD to GBP exchange rate for the capital growth of Newcastle United. FEB 2020 - GBP 340,000,000 FEB 2020 - SAR 1,455,000 (SAR 4.28) Dec 2019 - GBP 340,000,000 Dec 2019 - SAR 1,717,000,000 (5.05) December 2019 - Feb 2020 - SAR 261,800,000 (GBP 56,000,000 savings on currency)