Takeover positivity ahead of arbitration
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A fresh report has shed some positivity on the proposed Saudi takeover of Newcastle United with people close to the deal feeling positive about the arbitration process and expect PIF, Amanda Staveley and the Reubens to be the owners when United head into the 2021/22 season.
The takeover saga has gripped and irritated the entirety of the Toon faithful over the past year and the fact coverage doesn’t seem to be slowing down on the matter shows just how big of a deal this is and what it could mean for our club and the area surrounding it.
The report comes from Arab news and it also stated that the collapse of the Super League was a boost to the prospective takeover as it would have seen the end of a lot of the potential that the consortium see in the club.
People close to the takeover think that the arbitration court judging the dispute will reach a decision in the summer and they expect that decision to be a positive one for Newcastle United and Mike Ashley and Newcastle to be under new ownership for the start of the new season.
Nick de Marco and his team of sport law experts are our only chance. Not just at securing a takeover but for the long term future of the football club.
That may seem dramatic but we are a club going in only one direction under current ownership and whilst we may have had enough luck to see off the possibility of relegation this time around, we may not have the same luxury next season.
The decision that sums the current regime of charlatans up is replacing Rafael Benitez with Steve Bruce. They do not care about progress and the club has become an empty husk, a mere shadow of its former self. This takeover would save our club from the inevitable abyss that awaits us.