Member

Not unreasonably, many owners will be nervous about putting their names forward. Will they have the time to withdraw from the personnel statements and sell out, or move their interest to someone in the excepted group on page 10, between the publication of the regulatory detail and the request for personnel statements? Would the Minister advise the Saudi Crown Prince to continue to invest in Newcastle through the PIF under such an opaque regime, especially since automatic failure would be accompanied by immediate publication and no procedural safeguards to create unique reputational risk or recourse? Is it true that every failure will be immediately publicised, as indicated in paragraph 1.6? If so, football clubs, whatever league they are in, will suffer.