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Newcastle United: Premier League chief Richard Masters urged by NUST to approve takeover

Newcastle United: Premier League chief Richard Masters urged by NUST to approve takeover - Newcastle United News

Premier League chief Richard Masters has been urged to approve of the proposed takeover of Newcastle United by the Legal Counsel, which has been instructed by the Newcastle United Supporters Trust (NUST).

As per the Trust’s Twitter page, the Legal Counsel has written an official letter to the chief executive of the top flight in support of the prospective £300m deal between Mike Ashley and Amanda Staveley’s Saudi Arabian-led group.

NUST claimed that there have been a number of attempts to discredit the bid, as well as the fans of the Tyneside club, during the period in which the Premier League have been considering as to whether or not to approve of the takeover based on their own Owners’ and Directors’ Test (ODT).

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The Trust also shared the results of a survey within members of their ranks, which showed a rather overwhelming support of 97% in favour of the deal, and decided to engage with the Counsel themselves in order to express this view and thus stand up for their members’ beliefs.

The letter also included legal analysis that counters against the opposition to the Saudi Arabian Public Investment Fund (PIF) being involved in the bid which has been communicated to the league by other outlets.

Whilst this may not affect the Premier League or Masters’ final decision, it will surely give some members of the Toon faithful a sense of hope that these views are being communicated.

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The fact that the NUST have also countered the opposition of PIF’s involvement could also be seen as a good sign when trying to combat any arguments against the takeover.

Geordies, are you confident that the takeover will be approved? Comment below with your views!


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Article title: Newcastle United: Premier League chief Richard Masters urged by NUST to approve takeover

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