Noel Whelan has given his reaction to the news that Newcastle United are yet to submit their accounts.
The Lowdown: Accounts not submitted
As per Companies House, the St James’ Park club have not yet submitted their accounts, which were due on July 31st.
Should Newcastle fans be grateful for the money that Ashley has put into the club?
They are the last club in the Premier League to file their annual report and have already delayed publication on one occasion this year, as per Football Insider.
The Latest: Whelan stunned by accounts delay
Speaking to Football Insider, Whelan – who used to play as a striker for the likes of Leeds United and Coventry City – has claimed that the reason why Newcastle have not yet submitted their accounts may be because controversial, unpopular owner Mike Ashley seems to have some ‘bitterness’ towards the Premier League, adding that they should have no reason not to submit them.
“It’s no secret that everyone wants him out as soon as possible so they can get this takeover done.
“He’s got this discrepancy with the Premier League and there seems to be some bitterness there.
“But they haven’t spent a hell of a lot so their financial situation should be pretty clear really.
“They should have nothing to hide. Maybe their financial advisor has been on holiday for a month or something like that…unbelievable.”
The Verdict: More uncertainty
With the uncertainty around the ongoing takeover saga, it certainly does not help that the Tyneside club have not submitted their accounts.
The supporters deserve more transparency about what exactly is going on at their football club, and they are simply not getting it.
A lack of activity in the summer transfer window so far is only going to cause more frustration, and so the Magpies need to act fast to try and get the fans back on their side ahead of the new 2021/22 season.
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