Lee Ryder has dropped some enticing insight from the Premier League on the potential takeover of Newcastle United ahead of their arbitration case.
The Lowdown: Arbitration soon
The arbitration hearing between the Magpies and the Premier League over the failed deal between Mike Ashley and the Kingdom of Saudi Arabia (KSA) group is set to take place in the coming months.
Are the Premier League to blame for the Newcastle takeover collapse?
The chief executive of Sports Direct has also launched a separate anti-competition claim against the division with regards to their decision-making process in nixing the bid.
The Latest: Premier League insight
Writing in his latest piece for The Chronicle, Ryder has shared that the Premier League are set to deny that they blocked the proposed takeover on Tyneside by the KSA consortium last summer.
This is a big claim by the Premier League ahead of arbitration, and it’s a topic which is set to be discussed ahead of the final verdict.
The Verdict: Enticing
The fact that the Premier League are set to deny blocking the proposed deal is certainly enticing going into the arbitration case, as it seems that neither side is backing down.
The results of the hearing should paint a much clearer picture over whether or not the potential takeover can be revived, but it would require full cooperation from all parties involved.
Nonetheless, Newcastle will be hoping that the results go in their favour. If so, the takeover process could be accelerated in what is not an ideal period for them in the middle of the summer transfer window and with the new 2021/22 season set to start in August.
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