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- PCP Capital Partners’ Saudi-led offer withdrawn at end of July
- Club are now taking legal advice over blocked £300m buyout
In an incendiary intervention the Newcastle owner, Mike Ashley, has accused Richard Masters, the Premier League’s chief executive, of acting inappropriately in blocking a Saudi Arabian-led takeover of the club.
Club executives are taking legal advice as they explore ways of forcing the Premier League to permit a £300m buyout that Ashley maintains Masters had no basis for failing to approve.
Written by Louise Taylor
This news first appeared on https://www.theguardian.com/football/2020/sep/09/newcastle-taking-legal-advice-over-rejection-of-takeover-by-saudi-led-consortium under the title “
Newcastle say Premier League did not ‘act appropriately’ in blocking takeover
“. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.
