Surprise player in Saudi bid goes public in support of a Newcastle United takeover

Back in February, the Wall Street Journal – who were the first to break the story about Amanda Staveley’s latest attempt to buy NUFC – revealed the intriguing relationship between Carla DiBello and the Saudi PIF.

DiBello, a known friend of Kim Kardashian’s, was said to be  ‘advising’ the Saudi sovereign wealth fund in their proposed takeover of Newcastle United and working alongside Amanda Staveley in a bid to gain their investment.

She was clearly successful in doing so given a £300m deal was agreed (with their backing) in April, and she’s now shown her support in a bid to resurrect it several months later.

As shown below, she has now shared the popular petition pushing for an independent investigation into the EPL takeover process – helping it edge just a few signatures away from the 90,000 mark!

A bold move from DiBello, yet one that says a lot in itself and will help our cause to push the petition past the 100k mark.

PCP Capital Partners, the Reuben Brothers and the Saudi Public Investment Fund may have ‘withdrawn’ from the deal last Thursday, but they’ve all released statements since suggesting they are still committed to the purchase if a resurrection is possible – and this move from DiBello is another sign that all parties are on board.

It may seem confusing to some. ‘Why would they withdraw then come straight back in a bid to make it happen?’ some may ask, but the very petition she has shared gives a good indication as to what they are up against here. Answers and transparency from the Premier appear to be key in any sort of compromise.

The WSJ claimed she could maintain an ongoing advisory role if the takeover deal eventually goes through, stating that DiBello told Saudi officials the following in 2019:

  • Mike Ashley wanted to sell NUFC
  • Amanda Staveley and herself wanted to cut the PIF into the deal, and to ‘put the money up.’
  • Both women would hold a role in managing the business side of NUFC
  • Both would get some equity in the club

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About Olly Hawkins

Olly has been a Junior Magpie from birth. As a season ticket holder and avid Newcastle United fan - he eats, sleeps and breathes all things NUFC.

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