Some crushing news has emerged from the club this evening, confirming Newcastle United’s takeover hearing with the Premier League has been adjourned to early 2022, due to issues with the disclosure of evidence.
Arbitration was due to begin this month in Mike Ashley’s legal battle against the EPL, however this devastating development means we could now be stuck in limbo for at least another five months.
Ultimately, this now means that Mike Ashley will now remain owner of Newcastle United for the 2021/22 season – unless he decides to ditch the Saudis and sell to someone else instead.
Here’s the official statement that’s arrived from the club on nufc.co.uk tonight:
The parties attended a hearing today in the case between Newcastle United and the Premier League.
The main hearing of the arbitration has regrettably now been adjourned until early 2022 due to issues with the disclosure of evidence.
The parties will be making no further comment at this time.
Just when we thought we were about to get a final decision one way or another this summer, we get this!
So, Mike – Time to spend some money to keep us up in the meantime while he waits for the Saudis, or forget the PIF and find new buyers ASAP.
What a complete and utter mess.