Newcastle United fans have taken to Twitter to voice their opinions as a new update surrounding their reported potential takeover emerges.
The official Newcastle club Twitter account revealed the club have lost their bid to have a certain lawyer removed from their legal battle regarding their rumoured potential takeover involving Saudi Arabia’s Public Investment Fund (PIF).
The Magpies’ current owner, Mike Ashley, is actively looking to sell the Tyneside club, but this latest development has not helped his plans to sell to the consortium, which was led by Amanda Staveley.
As per The Athletic, the lawyer in question, who will chair the arbitration panel, is thought to have advised the Premier League over changing their owners’ and directors’ test – the process by which the Staveley-led takeover bid was put through last year.
The Toon Army have been let down by numerous failed takeover attempts in the past, but this one appears to hurt the most.
Newcastle fans reacted to the tweet from the club, with many seemingly frustrated with this potential takeover taking yet another blow.
“If this doesn’t prove corruption I don’t know what will. An arbitration chairman with prior knowledge, history with EPL so bias is there and the EPL don’t want anything public so clearly have something to hide. #NUFC #PremierLeagueIsCorrupt“
Will this Saudi-based takeover happen?
Yes
No
It is clear the Newcastle fans are frustrated by this development and it is not the one they were hoping for, however, the sooner this is resolved the better for the fans – regardless of the final decision.