Mike Ashley is reportedly fighting to push the proposed takeover of Newcastle United by the Kingdom of Saudi Arabia (KSA) consortium through, as per The Shields Gazette.
According to the news outlet, the chief executive of Sports Direct and his legal representative’s “guns [are] all aimed at the Premier League”, with the overall aim to “take down” the Owners’ and Directors’ Test (ODT) set out by the English top flight in order to check as to whether the would-be buyers are fit and proper to be leading the St. James’ Park faithful.
Are the Premier League to blame for the Newcastle takeover collapse?
The Tyneside club have not revealed the exact points their arbitration hearing against England’s highest division covers, as they are confidential, but it certainly seems as if the legal battle is slowly but surely heating up.
There are also understood to be leaks of the exact nature of the arbitration hearing on various social media platforms, with the tweets in question referring to the Magpies’ case against the EPL’s ODT.
What does this mean for the Newcastle takeover?
Ashley’s ultimate aim is for the league to push through his £300m deal with the KSA group, and he and his lawyers believe that the taking down of the ODT is the way to do this.
Whether this will help in their legal dispute with the Premier League is another question, but they clearly believe that they have compiled the evidence in order to back up their case.
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