Liam Kennedy has dropped a promising update on the Premier League and their attempt to throw out Newcastle United’s anti-competition takeover case.
The Lowdown: Ashley’s claims
Mike Ashley has launched two separate claims against the top flight, one of which is the Competition Appeals Tribunal (CAT) lawsuit over the decision-making process in the failing the deal between him and the Kingdom of Saudi Arabia (KSA) group.
Is the KSA takeover of Newcastle over?
The other is the arbitration case, which is set to take place this month.
The Latest: CAT update
Writing on Twitter, Kennedy, a football journalist for The Shields Gazette who has been following the latest takeover developments closely, has shared: “The Premier League’s attempts to have SJHL CAT case thrown out on ‘technicality’ seem to have failed, we’re told.”
He also added: “The push for a private hearing – and yet more delays – goes on, however.”
The Verdict: Promising
It is certainly promising to hear that the top flight’s attempt to have the CAT case thrown out has failed, as it gives Ashley another route into pushing through the takeover, if the results of arbitration go against him.
The league clearly did not give sufficient enough evidence as to why the case should be discontinued, and that should give the Magpies owner more confidence that he can get a deal over the line.
The CAT claim will be kept in his back pocket for now, as he will be hoping that he can win the arbitration case, and thus speed up the takeover process.
All that said, the one concern will be the delays mentioned by Kennedy – perhaps the league’s plan is to infuriate the consortium into simply giving up.
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