We’re told from sources on one side of the deal that an agreement in principle is in place. The info we have is it’s a cash deal, closer to £300m than £350m. Owners & Directors test still to take place before funds are transferred #NUFC
Same source tells us Amanda Staveley’s Saudi-backed consortium has ear-marked significant investment into the club. The coronavirus pandemic has had an impact on the overall value of the club when it comes to this sale #NUFCTakeover
As reported in January, the plan is that the Saudi fund (PIF), controlled by Prince Mohammed bin Salman will hold 80% of the club shares. The Reuben brothers will hold 10%, and so too Amanda Staveley who we expect will play a key role in the running of the PL club.
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