New Saudi takeover theory arrives from North-East journalist – “It would have been dropped by now”

The Chronicle’s Mark Douglas has raised an intriguing point when discussing his theory on the ongoing Saudi takeover saga.

Speaking on The Everything is Black and White Podcast, Douglas feels that Mike Ashley would’ve dropped the case by now if he really believed he had no chance of winning this legal battle against the Premier League – insisting he’d be spending a LOT of money to face defeat in court.

As a result, he sees the weekend statement released by the Newcastle United owner as a ‘positive’ thing – and a clear sign that he really is confident in his case.

Here’s what Mark Douglas has had to say:

“It’s a positive in some ways because it once again shows that this is such a live issue and that the takeover is there to be won.

“If they felt that their case was totally untenable I think it would’ve been dropped by now – so much money has been spent on it.

“Mike Ashley did not become very rich by wasting money on things, and there’s been quite a bit spent on this so far to get the takeover done.

“There’s also the wider issue that he sees it as a chance to break the collusion in English football – he thinks there is a very big story out there and a very big issue of four or five clubs running the Premier League.

“Now that’s his opinion. I’m duty-bound to say we don’t have the hard and fast evidence to show that but it is clearly what Mike Ashley was implying when he said about dark forces in English football – that was an explosive thing to say.

“The fact he’s now trying to get the legal battle in public, I feel is a sign on his part that he thinks he’s got a really good case, and from that perspective, I would say it’s a positive.”

Surely the same can also apply to Amanda Staveley. After all, would she have doubled down in her fight against the Premier League and spoken to Sky Sports about the need to make arbitration public if the bid she was behind was destined to fail, again?

After over 12 months of questioning, her and the PIF hardly need more bad PR!

Who knows how strong their arguments are in comparison to the Premier League’s, however you have to question why the latter are so reluctant for this to public if they have complete confidence in their case…

Follow us on Twitter (@NUFCBlogcouk) & find us on Facebook HERE

About Olly Hawkins

Olly has been a Junior Magpie from birth. As a season ticket holder and avid Newcastle United fan - he eats, sleeps and breathes all things NUFC.

3 thoughts on “New Saudi takeover theory arrives from North-East journalist – “It would have been dropped by now”

  1. “Mike Ashley did not become very rich by wasting money on things”

    How about the £150m he ploughed into Debenhams shares and takeover attempts which was all wiped out?
    How about the regret he personally expressed at spaffing £90m on House of Fraser only to find it in a worse state than he thought.

    He even overpaid for NUFC in the first place, little realising the extent of debt at the time, hence his subsequent loan to the club.

    If anything his reputation is one of spending huge amounts of money without due diligence,.

      (Quote)

  2. Yes – Mike Ashley is confident he will win, but he’s not “confident” about selling to the Saudis.
    As has been said many times on these pages, he is after compensation from the Premier League for loss of revenue from the sale THEY stopped.

    And as for Staveley doubling down in her fight against the Premier League, she has no fight against the Premier League she’s just chipping in on Ashley’s fight.
    And for the final time – there is no bid, THE SAUDIS WALKED AWAY.
    Come on Olly – which bit of that are you having trouble with?

      (Quote)

  3. Wallies Anchor, and of course you know all this being an oracle from Byker of all places…

    BykerBill:
    Yes – Mike Ashley is confident he will win, but he’s not “confident” about selling to the Saudis.
    As has been said many times on these pages, he is after compensation from the Premier League for loss of revenue from the sale THEY stopped.

    And as for Staveley doubling down in her fight against the Premier League, she has no fight against the Premier League she’s just chipping in on Ashley’s fight.
    And for the final time – there is no bid, THE SAUDIS WALKED AWAY.
    Come on Olly – which bit of that are you having trouble with?

      (Quote)

Leave a Reply

Your email address will not be published. Required fields are marked *

Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green