A Newcastle United journalist has given his reaction as an update emerged on the club’s upcoming takeover arbitration case against the Premier League.
The Lowdown: Date set
The Competition Appeal Tribunal (CAT) case between Mike Ashley and the English top flight over the stalled takeover deal with the Kingdom of Saudi Arabia (KSA) consortium finally took place on Wednesday, with information shared with regards to the separate arbitration case.
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It has now been confirmed that the arbitration hearing will take place on January 3rd, barring any further delays.
The Latest: Musgrove reacts
Andrew Musgrove, who writes for The Chronicle, has given his reaction to the news that the arbitration process will ‘run for little over a week’, with the aim that there will be a ‘rapid’ conclusion, as said by the Premier League’s QC during the CAT hearing.
Musgrove has claimed that this is ‘positive news’ and added that ‘the end appears to be in sight’, in reference to how long the takeover saga has now been dragging on.
The Verdict: Promising
It is certainly promising to hear of the goal to wrap up the arbitration proceedings quickly and efficiently, especially given the constant delays in the takeover saga.
A positive result for the St James’ Park club would give them more time to try and sort out a deal as quickly as possible so that they can be best prepared for next season.
Nonetheless, the process has dragged on for far too long now, and the Toon Army will surely be eager to see the back of it with a final decision made.
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