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Premier League won't block Saudi takover of Man Utd or Liverpool

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The Premier League will not block any Saudi Arabian takeover of Manchester United or Liverpool.

The Premier League have no plans to include regulations in their owners and directors' test (OADT) that would prevent a Saudi investor taking control of either Manchester United and Liverpool, the two clubs currently made available for sale by their American owners, says the Telegraph.

The clubs are yet to agree the terms of the latest OADT – the test which all prospective owners and directors must pass – and it is understood its current draft will not preclude individuals on the basis of the political or human rights record of their country of origin.

The Saudi sport minister Prince Abdulaziz bin Turki Al Faisal told the BBC this week that he would be encouraging private Saudi investors to enter the race to buy the two clubs, who traditionally have the biggest following in English football.

The Saudi Arabia state's Public Investment Fund (PIF) was finally given permission to lead a consortium takeover of Newcastle United in October last year following a long legal process.

Then the Premier League executive had sought assurances from PIF that the Kingdom of Saudi Arabia would not be the ultimate owner of Newcastle and was given “legally binding assurances" that was the case.

The same would be the case were a Saudi bidder be successful in a takeover bid for either Liverpool or United – with the onus on prospective owner proving the club in question would be independently-owned.
For more news relating to Newcastle United, visit our sister site NUFC Latest Live.
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