Nick De Marco, who will be one of the legal representatives of Newcastle United and indeed Mike Ashley in a pending court case with the Premier League and its chief executive Richard Masters, has been named the best in sports business by those who work with him privately, according to a profile piece on him by the Daily Telegraph.
According to the outlet, De Marco, who will work along with Shaheed Fatima QC, has previously done work that goes from the top to the bottom of football, from £300 million takeovers and advising English players on their image rights, to representing EFL League Two club Stevenage in the 2019/20 term when a league match was postponed and charges were dismissed.
Are the Premier League to blame for the Newcastle takeover collapse?
Indeed, he will now work alongside Fatima in a court case against the top flight and its CEO Masters after England’s highest division rejected their £300 million bid to take over at the Tyneside club.
The EPL will reportedly not sign off the prospective deal between the Saudi-led consortium and Ashley as they believe that the heads of the kingdom should be run through the Owners’ and Directors’ Test (ODT) set out by the league, with the Middle Eastern crown prince Mohammed bin Salman (MbS) potentially being included in that list.
Indeed, MbS and his country’s Public Investment Fund (PIF) were due to hold a majority 80% stake at St. James’ Park, but now the court case will look to settle as to whether he should go through the test among other disputes between the involved parties, as only time will tell who will win the legal battle.
Geordies, what do toy think the court will decide? Comment below!
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