Yeah I keep seeing the usual suspects on twitter posting that the Dubai link is true and that the takeover is in progress.
Interestingly or not, depending on how you see it, they also claim the process will take several months and would likely wrap up in March.
Not much to go on but this is the most important period for our club and I like all the theories links and rumours no matter how silly.
Dubai would be a great option for us and comes with a level of prestige. Not that I love Dubai, last went about 10 years ago. But they are keen to be the best in their field and also seem to excel in the business sector where most of their cash comes from rather than OIL reserves.
Dubai Investment Fund has 320bln worth of assets that it manages *according to wiki, and has a yearly operating profit of 49bln, the operating profit. For comparison PIF (Saudi Public Investment Fund) has double the assets 680bln and operating profit of 85bln.
The wealth of these oil states is not really that relevant, in this instance we are talking about astronomical values and where Newcastle are the richest club on earth, they are not spending 30bln on a player and therefore the wealth means they have a distinct advantage over the likes of Dubai. For instance Chelsea owners are no where near that level of wealth but can spend as much as they see fit and redevelop the stadium - although I imagine this will dry up.
Dubai would be a real shot in the arm to united and to be honest the best option outside of Amazon and the like.
Time will tell, but if it is Dubai to take over, I think it would be an extremely exciting venture.