Greensill Capital: A political scandal is swirling in Britain. But Boris Johnson is unlikely to drain the swamp CNN 2 hrs ago Analysis by Luke McGee, CNN © Peter Macdiarmid/Getty Images Europe/Getty Images LONDON, ENGLAND - AUGUST 24: Prime Minister David Cameron (R) stands with London Mayor Boris Johnson as the Olympic cauldron is lit for the Paralympic Games in Trafalgar Square on August 24, 2012 in London, England. The London 2012 Paralympic Games open on August 29, 2012 for 12 days. (Photo by Peter Macdiarmid/Getty Images)
Much of Donald Trump s success early in his political career came from his promises to drain the swamp of Washington DC. The former US president was referring to the enormous power held by wealthy lobbying groups who try to influence government officials to make policy decisions that might benefit the interests of those they represent.
Steve Bruce has no opinion on Newcastle takeover saga ahead of West Ham game
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Greensill Capital: A political scandal is swirling in Britain But Boris Johnson is unlikely to drain the swamp
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Date published: Thursday 15th April 2021 3:29 - Neil Foster
Newcastle owner Mike Ashley is said to be ‘delighted’ Saudi Arabia’s Crown Prince Mohammed Bin Salman asked Prime Minister Boris Johnson to intervene in the proposed sale of the club.
The Daily Mail report that Bin Salman urged the British Government to help resurrect the deal. The proposed £300million-plus takeover hit the buffers after the Premier League’s owners’ and directors’ tests last summer. After 17 weeks of deliberation, the Premier League had still not made a decision either way. That led the consortium to
Saudi Arabia’s Public Investment Fund, of which Bin Salman is the chairman, is the majority partner. The consortium also involves Amanda Staveley’s PCP Capital Partners and the Reuben Brothers.
NEWCASTLE owner Mike Ashley is eagerly awaiting developments amid reports Saudi Arabia’s Crown Prince Mohammed Bin Salman asked Prime Minister Boris Johnson to intervene in the proposed sale of the club.
It is understood that the sportswear magnate is privately delighted by both the Daily Mail report that Bin Salman urged the British government to help remove stumbling blocks in the £300 million-plus takeover, and the emergence of an email chain between government departments and the Premier League as it carried out its owners’ and directors’ tests last summer.
Saudi Arabia’s Public Investment Fund, of which Bin Salman is the chairman, is the majority partner in a consortium also involving Amanda Staveley’s PCP Capital Partners and the Reuben Brothers, which agreed a takeover deal with Ashley in April last year.