Reuben Brothers ‘statement’ emerges from the US -Involvement in £300m Saudi deal is re-affirmed

Some official communication has emerged from the Reuben Brothers, with the pair’s PR company confirming they are part of the Saudi-backed consortium closing in on a takeover at Newcastle United.

This comes via a new takeover piece from The Chronicle, which reveals the statement the British based property tycoons have released through their PR company in America.

Although there is a bit of confusion on when the statement was made, it was given to CNN and reads:

“I can confirm Reuben Brothers is part of the consortium, but we have no further comment as the deal is not yet complete.

“On the reasons for PIF’s involvement, that is for PIF (to comment on) rather than ourselves.”

This is the first official communication in any form of media from anyone directly involved in the takeover. Some have suggested these are old quotes, however Mark Douglas has insisted on Twitter that these are

The Reubens are expected to own a 10% stake in the club, with Amanda Staveley’s company PCP owning another 10%, and PIF 80%, and until this statement no one from any of those parties, or indeed Mike Ashley’s camp or club officials have spoken publicly.

Of course this is good news as they are all under an NDA, but wether this is significant remains to be seen.

Those cans look all the more inviting by the day….

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2 thoughts on “Reuben Brothers ‘statement’ emerges from the US -Involvement in £300m Saudi deal is re-affirmed

  1. Great for a start to possible piece in the Middle East, Arabs with Jews doing business together And not forgetting a female to boot.
    Very positive.
    Toon toon


  2. Just hope this deal goes through.We have had enough of Ashley and his circus.About time we had someone or anyone for that matter who actually wants to invest and buy players for this club instead of humming and harring about things.


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