Liam Kennedy has dropped some promising insight from those involved in the potential takeover of Newcastle United.
The Lowdown: Newcastle statement
The St James’ Park club released a statement on their official website requesting for the upcoming arbitration case between them and the Premier League to be made public, but this is only possible if the top flight also agree on those terms, as otherwise it will remain behind closed doors.
Are the Premier League to blame for the Newcastle takeover collapse?
They also claimed in the statement that they have ‘nothing to hide’ in terms of the process, and even suggested that the Premier League should have ‘no reason to be afraid of the public spotlight’, providing that they have acted ‘lawfully and properly’.
The Latest: Takeover insight
In a Q&A session for The Shields Gazette, Kennedy – a journalist who has been keeping up-to-date with the latest developments in the takeover saga – has claimed that confidence on both the buying and selling side of the deal is ‘very high’, and indeed ‘feels as high as ever’.
This comes after the statement was released by the Tyneside club which certainly boasted a tone of supreme confidence.
The Verdict: Promising
The fact that confidence ‘feels as high as ever’ in both camps with regards to the bid is certainly promising, and suggests that Newcastle feel as if they have a very good chance of winning the forthcoming arbitration hearing.
The Premier League do not seem to want to make the process public, which also suggests that they may not be as confident as the Tyneside club in getting a positive result.
The proceedings are certainly set up to be intriguing, as the results will likely determine the direction as to where the takeover is heading, and whether the process can be accelerated.
Click here to comment on this articleor
Give us feedback on your Football Transfer Tavern experience