“Al-Rumayyan” turns the tables on the English Premier League

Private / SME
In light of the wave of anger in the British interior over the extension of Saudi Arabia’s control over Newcastle Club, in which the Saudi Public Investment Fund (PIF), headed by Saudi Crown Prince Mohammed bin Salman, purchased the lion’s share of the club’s shares, which guaranteed him full control on October 7, 2021.
This came after the club’s chairman, Yasser Al-Rumayyan, announced that he is a current minister of the Saudi government, which fueled the flames of anger for fear that the Kingdom would abandon its commitment not to control the club, as the English Premier League took legally binding assurances and guarantees in this regard.
Which raises many questions about the English Premier League’s double standards, despite the popular anger and banners denouncing the departure of the Glazer family that owns Manchester United, but the Glazer brothers have all the powers, the last of which was the English club being put up for sale, and after the failure of the deal they decided to punish the English fans Increasing match ticket prices.
Which prompted the Qataris themselves to back down from buying Manchester United, after closely monitoring the movements of their Saudi neighbors, who paid 305 million pounds in vain.
Where I consider any Saudi move to exercise the legitimate right to control the club’s capabilities, an unusual violation of the sovereignty of a foreign country, as they said.
And it seems that Al-Rumayyan’s assumption of the position of minister may paint a dark scenario for the English club, as the English Premier League claims that the Saudi authorities are exerting pressure to crush the competition.
It is known about Yasser bin Othman Al-Rumayyan that he is a Saudi businessman and governor of the Public Investment Fund, as well as the sovereign wealth fund of the Kingdom of Saudi Arabia.
Al-Rumayyan is also the chairman of the board of directors of the famous state-owned Saudi oil company, Aramco.