Lee Ryder has dropped some promising insight from those close to Amanda Staveley on the potential takeover of Newcastle United.
The Lowdown: Arbitration set
An arbitration case between the Premier League and the St. James’ Park faithful has been set for July over the failed deal between Mike Ashley and the Kingdom of Saudi Arabia (KSA) group.
Are the Premier League to blame for the Newcastle takeover collapse?
Despite the top flight taking the original decision to fail the bid, there is still a chance that the takeover can be revived, if results of the arbitration hearing go in the way of the North East club.
The Latest: Takeover insight
In response to a fan of the Tyneside club in a Q&A session, which has since been transcribed by The Chronicle, football journalist Ryder has shared that those close to Amanda Staveley, who is a member of the original KSA consortium, are saying that they are still interested in a return back to the negotiating table if the top flight are forced to reverse things.
This decision could well be made as a result of the arbitration case, should it go in the favour of the Magpies.
The Verdict: Promising words
It is certainly promising to hear that Staveley and co would consider coming back to the table, as it shows that the deal is not dead in the water despite it originally being failed by the Premier League.
In light of this insight, a positive result for the Toon in the arbitration hearing could well bring the potential revival of the takeover a step closer, so long as the consortium are true to their words and do wish to come back into talks.
However, the top flight will be equally as confident that the results will go their way instead, and so nothing is guaranteed at this point.
Nonetheless, with the separate anti-competition claim launched by Ashley as well, NUFC are still very clearly pushing for this takeover to go through, with arbitration set to paint a clearer picture over the direction over which it is heading.
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