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Newcastle United: Luke Edwards shares takeover revelation involving Premier League

Newcastle United: Luke Edwards shares takeover revelation involving Premier League - Newcastle United News

Luke Edwards has shared a revelation on the proposed takeover of Newcastle United by the Kingdom of Saudi Arabia (KSA) consortium.

The Daily Telegraph journalist tweeted:

Indeed, Edwards was reacting to an article from the Daily Telegraph that stated that the KSA group intend to re-submit their £305m bid to take the North East club from Mike Ashley if the St. James’ Park faithful are successful in winning an arbitration case against the Premier League and its CEO, Richard Masters.

Are the Premier League to blame for the Newcastle takeover collapse?

Yes

Yes

No

No

What is the Premier League’s problem with the Newcastle takeover?

As per Edwards, the problem that the English top flight seemingly still have with the prospective takeover of the Tyneside club is that they have an issue as to whether the KSA’s Public Investment Fund (PIF) is separate from the Saudi state, something which they offered independent arbitration to find out.

The journalist also went on to claim that this dispute needs to be settled for any sort of progress on the deal to occur.

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Who was the last club Rafa managed before Newcastle?

Indeed, this legal battle between the two parties involved may result in a court case in order to settle it once and for all, and if it does, then the Toon Army will be hoping that the Magpies come out on top and as such, the takeover can be completed.

In other news, find out which NUFC ace was deemed the worst player on the pitch versus Chelsea here!


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Article title: Newcastle United: Luke Edwards shares takeover revelation involving Premier League

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