Arab Press

بالشعب و للشعب
Sunday, May 31, 2026

Partner in Saudi bid to buy Newcastle United is major Tory donor

Partner in Saudi bid to buy Newcastle United is major Tory donor

Jamie Reuben’s involvement in bid supported by Boris Johnson raises more cronyism questions

An investor in the planned takeover of Newcastle United that received high-level support from Boris Johnson last year is a major Conservative party donor who has personally funded the prime minister’s constituency office and leadership campaign.

Jamie Reuben, 34, his father, David, and uncle Simon, who own the Reuben Brothers property development empire, were co-investors with the Saudi Arabian Public Investment Fund (PIF), and the financier Amanda Staveley, in the £300m bid to buy the Premier League club from Mike Ashley.

The deal stalled last May as the Premier League reportedly pressed PIF, whose chairman is the Saudi crown prince Mohammed bin Salman, for clarity about its structure, and whether it is a government entity.

According to leaked messages reported by the Daily Mail this month, Prince Mohammed privately contacted Johnson in June, complaining about the delay and warning him that if the Premier League blocked the takeover, it would have “a negative impact on both our countries [sic] economic and commercial relations”.

The Saudi-Reuben Brothers-Staveley consortium ultimately withdrew from the deal on 30 July, blaming the “unforeseeably prolonged process”.

In September, according to the leaked messages, Johnson asked his adviser Edward Lister to investigate the chances of the deal being revived. When Lister told the prime minister that he was hopeful it was back on, Johnson reportedly replied: “Brilliant.”

Jamie Reuben

Jamie Reuben has previously donated £700,000 to the Conservative party and Johnson’s support for a deal that was being pursued by such a substantial donor, and which followed personal messages from Prince Mohammed, raises further questions surrounding allegations of cronyism, and whether business figures and political donors enjoy privileged access to the prime minister and his government.

Under the league’s “owners and directors test” there were potentially deal-breaking concerns about a Saudi state entity owning a club, following the finding that persistent piracy of international football TV rights had been carried out from Saudi Arabia.

A Saudi takeover of a Premier League club was also hugely sensitive following the murder of the journalist Jamal Khashoggi in October 2018, in which Prince Mohammed has been implicated by the UN and other official reports.

A source with knowledge of the deal said they have been shocked to discover Prince Mohammed’s intervention with Johnson, because he was supposed to be keeping out of the deal, given the case the PIF was making that it was separate from the Saudi government.

A spokesman for Reuben Brothers told the Guardian Jamie Reuben did not contact the prime minister about the Newcastle takeover.

“We’re not denying that Jamie has a relationship with Boris Johnson and they talk,” the spokesman said, “but Jamie is quite specific that he hasn’t contacted or talked to him or Lord Lister about the Newcastle deal.”

Downing Street did not directly answer questions about whether the prime minister had contact or discussions with Jamie Reuben about the Newcastle deal, but denied seeking to influence it. A government spokesperson said: “This was a commercial matter for the parties concerned and the government has not been involved at any point in influencing the Newcastle United takeover talks.”

Jamie Reuben first donated £35,000 to the Tory party in 2012, and has donated more than £700,000 to the party altogether, including £50,000 to Johnson personally in the run-up to the 2019 Conservative leadership election. In October and November 2019, before the general election at which Johnson was elected prime minister, Reuben made two donations of £200,000, and one of £48,000.

A further donation from Reuben made in December 2019, of £123,750, was the provision of offices owned by the Reubens for use by the party. A company in which Jamie Reuben is a director, Investors in Private Capital Ltd (IIPC), has donated a total of £1.98m more to the Conservatives, including £25,000 to Johnson’s own office in his Uxbridge and South Ruislip constituency in March 2015.

Another of Reuben’s companies, Melbury Capital, states on its website that he served as the committee chairman for Johnson’s re-election campaign as London mayor in 2012 and 2019 [presumed to refer to Johnson’s Conservative party leadership campaign], and that Reuben is currently a treasurer of the Tory party.

Jamie’s father, David, made a registered donation to Johnson of £4,000 in 2008, consisting of prizes provided for auction. The Reuben family was also a substantial donor to Zac Goldsmith’s constituency of Richmond Park while he was an MP. In 2016, a spokesman told the Guardian that the Reuben and Goldsmith families had known each other well for many years and that Jamie and Dana, Simon Reuben’s daughter who donated £26,000, had become “good friends with Zac”.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
Micron Technology Crosses Trillion-Dollar Valuation Amid Unprecedented Hardware Demand
Canada and Germany Finalize Historic Long-Term LNG Export Agreement
China Expands International Travel Restrictions on Domestic AI Researchers
Japan Approves Sweeping Overhaul of National Intelligence Apparatus
Global Airlines Scramble Logistics as Middle East Airspace Remains Fractured
Japan's Naphtha Imports Plunge 47 Percent Amid Strait of Hormuz Closure
Global Crude Prices Retreat Below $96 as Gulf Tensions Momentarily Ease
Generative AI Outperforms Human Baselines in Landmark Global Creativity Study
NASA Partners With Private Aerospace to Unveil Permanent Lunar Base Architecture
South Korean Equity Markets Surge on Next-Generation Memory Chip Frenzy
×