A journalist has now dropped some enticing insight into the upcoming Newcastle United takeover case.
The Lowdown: CAT case
The Competition Appeal Tribunal (CAT) case between Mike Ashley and the Premier League over the stalled takeover deal with the Kingdom of Saudi Arabia (KSA) consortium is set to take place next Wednesday 10:30 am.
Are the Premier League to blame for the Newcastle takeover collapse?
This is separate from the arbitration hearing, which should now commence next year after further delays.
The Latest: Case insight
Journalist Simon Zekaria has now given some insight into the CAT case, claiming that both the St. James’ Park faithful and the English top flight have issues to do with confidentiality:
“I have learnt that the Premier League and NUFC are deep in confidentiality issues. Even for next week’s hearing, which has a narrow legal focus, there is lot that they don’t want to be revealed.”
The Verdict: Enticing
It is certainly set up to be an enticing case, as both sides will feel as if they have strong arguments to suggest why the proposed takeover stalled and the direction in where it is heading.
The North East club seem to feel that the Premier League are the ones keeping information to themselves, as they released statement on their official website back in July citing the need for ‘transparency and fairness in football governance’, and also called for the arbitration proceedings to be made public, suggesting that they have nothing to hide.
Nonetheless, the results of the forthcoming case should give a clearer picture over the takeover’s direction, and the Toon Army will be hoping that it is a positive one for the Tyneside outfit heading into arbitration in 2022.
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