Premier League demanded extra assurances Chelsea were not owned by Saudi Arabia

Exclusive: New owners provided detailed information to Premier League who were satisfied there was no conflict of interest

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So what happens if it's found that Saudi Arabia do in fact own Chelsea? How does it work with Newcastle competing in the same league? I know the Saudis are claiming that Newcastle are not state-owned, but nobody actually believes that.
- Probably nothing because the Premier League and FA are spineless.