To clarify the 'no government links' aspect to the Chelsea bid. What that means is on paper or legally-speaking (like #NUFC's owners argued) the prospective consortium are saying they don't see issues of sale clearance due to their make up. Practical reality is VERY different...
There would be inevitable crossover and potential influence. After all, any messaging, partners, sponsors (or even decisions) would have government-agenda in mind. Often it'd be tourism- or culture- focused... but not always.
A Saudi sale to Chelsea would give KSA soft power through sport. Rich private investors may not legally be acting on behalf of the government, but they move in the same circles as key officials. So a sale to KSA (at this type of level and value) is something MBS would use.
For instance, there is a feeling Turki Al-Sheikh (close MBS advisor) might be involved if the bid is accepted. This is currently being denied... but if things progress it's that type of name that raises questions about gov. influence.
#NUFC went to huge lengths to prove separation, although piracy issue being resolved helped get them clearance in the end. If a bid is accepted/progresses, EPL will hopefully go through the owners meticulously. Doubt this is a quick sale if KSA-bid becomes the preferred bidder.
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