Newcastle United’s owners, the Saudi Arabia Public Investment Fund, are finalising their plans ahead of a move to purchase Inter Milan.
That’s according to YouTube and Instragammer Seba Inter, who claims inside sources have confirmed that a deal is very much on the table.
PIF have been linked with a move to buy Inter for quite some time, before and after completing their takeover of Newcastle United last year.
The belief is that they want to build a football network similar to that created by those in charge of Manchester City, who have since purchased clubs around the world to build the City Football Group.
Inter are a prime target due to theirs and owner Steven Zhang’s financial concerns, but there have been numerous reports in Italy denying anything is going on.
Seba Inter says otherwise, though, and insists that sources close to the situation in Saudi Arabia have told him Newcastle’s owners are working to get a deal for the Serie A champions on the table.
“There is an agreement in principle; they are making a series of meetings to file the last details. Yesterday morning there was a summit between the parties, with Aramco and PIF.
“Representatives of Oaktree were also present, which as we know has Inter in pledge. There will be others, apparently; this one was just to resolve the stadium issue.
“Steven Zhang did a bit of obstructionism asking for three things. To remain president, to keep some shares, from 15 to 30%, and to have the possibility to take back Inter.
“To date, they have only granted him the second. My source, who works and has connections with the Middle East, especially with Aramco, told me that the negotiation is almost impossible to break.”
