Ciaran Kelly has relayed past comments made by Premier League chief executive Richard Masters on the proposed takeover of Newcastle United in his latest article for The Chronicle.
As per the journalist, Masters appeared before the Digital, Culture, Media and Sport (DCMS) Committee just over three years ago and was asked about the prospective takeover by Sunderland Central MP Julie Elliott.
Will the Premier League approve the takeover of Newcastle?
Masters responded by saying (via Ciaran Kelly) that he appreciates the uncertainty but could not comment on timing and specifics, adding that the whole situation had become complicated.
Kelly then went on to describe just how complex the entire saga has been, citing the piracy issues in Saudi Arabia and its conflicts with beIN Sports as examples of issues that the Premier League has had to consider in recent weeks regarding the proposed takeover.
The writer argues that the Tyneside club are in limbo as their final game of the 2019/20 season against champions Liverpool at St. James’ Park is approaching fast, with the official opening of the transfer window just a day later.
Indeed, it could be a rather confusing time in the northeast if the takeover is not given the green light by then. There is uncertainty over just how much money that the Magpies would be able to spend given that their transfer budget may increase dramatically if the would-be owners move in, therefore they may change their respective targets.
Nevertheless, everything still remains speculation up to now until Masters takes his final stance on the situation.
Geordies, does Masters need to make a decision on the takeover soon? Comment below with your views!
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