Lawyer Nick de Marco expects Newcastle United to continue business as usual.
De Marco represented Newcastle in their legal battle dispute during the protracted takeover saga does not expect the Premier League to 're-examine' the deal.
De Marco became well known to the Toon Army after representing the Magpies in the club's Competition Appeal Tribunal hearing in September 2021, as well as for his social media posts which generated intense speculation among fans.
He told a football governance panel: No, I don't think the Premier League will look into this because I don't think they need to.
For that reason nothing that has happened in the LIV case, it seems to me, changes any of that. There has been no suggestion that the Kingdom of Saudi Arabia has now changed its mind and is somehow exercising control over Newcastle, so I don't believe this will lead to any change."
De Marco added: The dispute was whether if PIF took over Newcastle the Kingdom of Saudi Arabia would fall into the definition of control under Premier League rules.
"That definition includes the ability to control the club. That's what the dispute was, and the dispute was never determined because it was settled. The Premier League published a statement summarising the settlement on their website.
"The statement said the Premier League had received legally binding assurances that the Kingdom of Saudi Arabia will not control Newcastle. The lawyers in the room will see the difference between the dispute i.e. do you fall into the definition of ability to control, and the league accepting assurances that the Kingdom of Saudi Arabia will not control [Newcastle]."