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Newcastle United: Danny Mills drops claim on potential takeover after Mike Ashley update

Newcastle United: Danny Mills drops claim on potential takeover after Mike Ashley update - Newcastle United News

Danny Mills has dropped a big claim on the potential takeover of Newcastle United as an update emerged involving Mike Ashley.

The Lowdown: Ashley releases statement

The Guardian have recently reported that Ashley released a powerful statement this week after HMRC quietly discontinued a long-running investigation into the tax affairs of the St James’ Park club.

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

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Yes

No

No

As per the Shields Gazette, Newcastle and its chief executive have also accused the Premier League of what they believe to be anti-competitive behaviour in their decision-making process on the proposed deal with the Kingdom of Saudi Arabia (KSA) group.

They are looking to take the Premier League to court over the matter and have also taken on an anti-competition case given to them by the Newcastle Consortium Supporters Limited (NCSL), with the EPL given fresh legal papers as Ashley looks to force them to wave through the bid.

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The Latest: Mills reacts to Ashley activity

Mills, who is now a pundit after playing for the likes of Leeds United and Manchester City in his career, has since given his thoughts to Football Insider on Ashley’s latest activity, and his view on the potential takeover on Tyneside:

“It’s a case of Mike Ashley being desperate to sell and doing everything he can to get his money.

“But I think he’s right, it does need to be investigated as to why.

“There is the golf super league with Saudi Arabia, we’ve seen all the boxing going on over there as well and other sports.

“I don’t think we’ve ever had a reason why they weren’t allowed to take over.

“There’s no better time with all the issues surrounding the so-called ‘big six’ and those smaller clubs can say ‘Hang on a minute, how can you allow this to happen to these other clubs and let them spend what they want but you’re not letting us compete?’

“It isn’t really fair. It’s almost like it’s a monopoly on who can do what they want and spend what they want.”

The Verdict: Ashley seems desperate

Given that there is already an arbitration hearing to take place between Newcastle and the Premier League, it seems as if Ashley is already starting to feel desperate by taking them to another legal battle to try and claim damages.

What the result of the arbitration case would be remains unclear, but the report that the businessman is trying to at least get some compensation from the failed takeover bid suggests that he may not be confident about getting a positive outcome from the saga.

In other news, find out what big claim another pundit has made on the potential takeover!


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Article title: Newcastle United: Danny Mills drops claim on potential takeover after Mike Ashley update

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