Mike Ashley handed new Saudi takeover boost via Premier League letter – PA news agency

An intriguing ‘exclusive’ from the often-reliable PA news agency has emerged this afternoon, explaining why Mike Ashley has received fresh encouragement over the ongoing Saudi-led takeover bid.

They reveal that the NUFC owners’ camp have been boosted by news that the Premier League have left Saudi Arabia OFF a letter submitted for the US government’s 2021 piracy watch list earlier this year.

PA news agency report that Ashley has seen this as a positive sign as he prepares for the arbitration hearing next month, with piracy issues one of the major issues holding up the stalled £300m deal that collapsed last summer.

The same piece also states that ‘consortium sources’ insists the Saudi-backed buyers “have not moved a muscle” and are ‘ready to relaunch their takeover bid’ once the legal case is over.

Here’s what PA Media’s Jamie Gardner has had to say this afternoon:

It is worth noting that this Premier League letter was seen by PA Media back in January – yet here we are almost six months later with no resolution – however it’s intriguing that this update comes at a time where there’s been more than one report suggesting both Mike Ashley and the Saudis are increasingly confident a deal will eventually be passed.

Also, the UK Government is KSA friendly and has more leverage over the EPL after the farcical handling of the ESL, not to mention the fact a long-term blockade between Qatar and KSA is over, potentially cooling Bein Sports’ desire to stand in the way of a £300m deal.

Who knows what this will all amount to, but I’d rather here promising news and rays of hope than negatives – even if it risks every-so-slightly building our hopes up yet again!

About Olly Hawkins

As a Junior Magpie since birth and season ticket holder, I eat, sleep and breathe all things NUFC! Here at the blog, I aim to bring you news, views, match reports and transfer exclusives as and when I get them.

3 thoughts on “Mike Ashley handed new Saudi takeover boost via Premier League letter – PA news agency

  1. Let’s hope this takeover doesn’t go through it will be detrimental to English football.

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  2. With Ashley taking the Premier league to court and the suadi being taken off the danger list in America ok not the UK but must be a possitve for us for sure and the big 6 clubs ? ?who are the big six now ? Obviously the man City man United Chelsea arsenal spurs who els could be Leicester Everton west ham ??‍♂️there all scared of this takeover because we could be up there in the top 6 should this go through there all bricking it thats why they said they didn’t want the Saudi to but the club its not them its Amanda Staveley and Ruben bros who are business women men with the backing of the Saudi ?????money what would be the best thing since Sunderland being going down and down and down ?????????????????at least Ashley has went the right way about it taking the league to court and should he win what all this starts soon.It won’t be happening if it does before next season kicks off but tbh I couldn’t care as long as we see him out of the club forever never to step foot in the toon and SJP again would love that is a dream come to get this so all we can do is hope ashleys has best barristers in the business and we could be looking up ?‍♂️??????⚫⚪⚫⚪⚫⚪⚫⚪⚫⚪
    HWTL T⚽️⚽️N T⚽️⚽️N And Euros start tonight so loads football to watch hwars a question for toon fans Toon get this take over ??or England to win the euros ??just as a love my country but I love my club more so any your answers welcome just my opinion ?‍♂️⚫⚪⚫⚪⚽️

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  3. That bottom question is just my view on what I would love to happen like a said toon takeover with the ones mentioned is my answer or England to win the euros whats yours me toon fan for life blood is black and white and love the club we just deserve so much more as we have been treated by that fcb for 14 long years and giving 12 million for funds to buy players woww he me wealthiest list 61 in England so he is not short of money and complaining about match day revenue for crist sake that man its like getting beyond a joke now as it has been a long 14 years of the laughing stock of the league and the club just needs that extra bit luck and we never get that but fingers ? ????we live in hope that’s all we can do but yeah sad man made sad club but the club is massive,fan base all over the world even nust trust I signed up I know I didn’t give a lot because no matter if we all gave a fiver we couldn’t run a club buy players exetra costs I know its a great idea them fighting for the club but they doing a canny job getting it out there its just masters who has the last say and the Premier league so let’s hope these court cases get the screen light whats been on red for so long now we need to go not stuck on red ?

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