A specialist in sports law has dropped an arbitration claim on the potential takeover of Newcastle United by the Kingdom of Saudi Arabia (KSA) group.
Speaking to The Chronicle, Peter Nunn has claimed:
“The arbitration can still go ahead, even if Newcastle are relegated.
“What matters is whether Newcastle were a member of the Premier League at the time of the “cause of action” – the point at which Newcastle are alleging the Premier League were in the wrong.
“It becomes an issue for the EFL to decide if the Saudis still want to buy a Championship club. But if they get promoted, they’ve still got the same issue where they have to meet the Premier League’s test.
“It’s in their interest to resolve it whether they go down or not, and get the Premier League’s okay for this takeover to go through.”
Newcastle should prioritise staying up
Even though the pending arbitration case between the St. James’ Park faithful and the Premier League can still go ahead even if the North East club were to find themselves relegated from the top flight down to the EFL Championship come the end of the 2020/21 term, Steve Bruce’s team should still be prioritising staying up in the division.
Are the Premier League to blame for the Newcastle takeover collapse?
A bigger concern should also be if the KSA’s Public Investment Fund (PIF) were willing to come back onto the table if the Tyneside club were stuck in the Championship, as it would be a far less attractive proposition for them to take over than if they were still in the top flight.
Mike Ashley may also be a lot more reluctant to sell the Magpies given that he would not be able demand anywhere close to his asking price if they found themselves in a lower division.
Nonetheless, the Toon should be prioritising staying up in the league for now and then come to terms with the arbitration hearing once the season comes to an end.
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