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Newcastle United: Mike Ashley to seek clarity from Premier League on takeover

Newcastle United: Mike Ashley to seek clarity from Premier League on takeover - Newcastle United News

Newcastle United owner Mike Ashley is reportedly looking to seek clarity from the Premier League on the proposed takeover in the North East, according to ChronicleLive.

Will the Premier League approve the takeover of Newcastle?

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Yes

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As per the outlet, the CEO of Sports Direct is due to return from the United States of America as his company reopens stores in the United Kingdom, but he apparently wants answers on the prospective deal between himself and Amanda Staveley’s Saudi Arabia-led consortium.

Ashley has rather taken a back-seat on the bid since accepting the £300 million terms but is now growing increasingly impatient and will be aiming to return to business in the UK when his retail outlets are scheduled to reopen next week.

The owner’s and director’s test process set out originally by the English top flight has now taken two months, twice as long as most perhaps expected it to, and Ashley will soon be faced with some big financial decisions as preparations for the 2020/21 season get under way.

The 55-year old would have to sign off decisions on loan players such as Schalke 04’s Nabil Bentaleb and Tottenham Hotspur’s Danny Rose, whilst Andy Carroll’s contract extension is another example of a scenario that has been postponed until later this month.

With staff left unsure on their futures due to talk about the takeover in recent months, not least Steve Bruce, the need for job security is arguably a must if the Tyneside club are to move on from a summer of relative uncertainty.

Ashley was happy to sell at first, but is now allegedly wanting the situation to draw to a near conclusion.

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Let us start with the 10th most expensive, how much was Jonjo Shelvey?

Geordies, do you just the takeover saga to end? Comment below!


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Article title: Newcastle United: Mike Ashley to seek clarity from Premier League on takeover

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