Newcastle United journalist reveals what latest blow means takeover

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You can only imagine how frustrated the Newcastle United fans are.

It's been more than three months since the prospect of a £300million deal to purchase the club was officially revealed.

Since then, supporters have been waiting with bated breath.

Amanda Staveley is the main figure in the Saudi-backed consortium who are hoping to purchase the club, but the acquisition has proved to be anything other than straight forward.

The Premier League are currently running the rule of the investors to see that they match the requirements of a club owner in the Premier League, but issues such as piracy and human rights violations are only the start of the uncertainty over their credibility.

Meanwhile supporters continue to be at the end of their tether with current owner Mike Ashley, and will do just about anything to get rid of the Sports Direct mogul.

The latest in this long-running saga has seen Saudi Arabia cancel their relationship with beIN, fining the broadcaster over £2m in the process.

Theories have been spread, including plans that the Saudi's potentially have an idea to strike their own deal with the Premier League.

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However, by doing what they've just done, they may have caused a further delay in proceedings.

In reality, what this means for the takeover is up for debate, and according to The Athletic's Chris Waugh, those close to the deal are insisting that it's irrelevant. 

Writing in a Q&A with The Athletic, Waugh said: "I'd be lying if I said I knew exactly what yesterday's development meant.

"Those close to the process are confident it is irrelevant but beIN clearly disagree and nobody from the Premier League is commenting.

"Let's just hope this interminable saga ends soon!"

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GIVEMESPORT'S Phil Spencer says...

You've got to feel sorry for the Newcastle United supporters.

The club is the heart and soul of the community on Tyneside and fans just want an answer - and rightly so.

Mike Ashley is a universally unpopular figure in the North East and so it's no surprise that so many are keen to see the back of him.

However with plenty of controversy surrounding the potential investors, there's plenty to consider.

It's the right thing for the Premier League to do as they do a thorough examination of the key figures in the Saudi-based consortium, but surely a decision must be close.

If it's not, then I think it's key that the Premier League make their concerns public as transparency has to be key in this situation.

Otherwise I think supporters will continue to be hugely frustrated until a decision.

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