A lot of Newcastle United fans have flocked to a post from NUFC 360, which has relayed a report from The Chronicle regarding the Toon’s proposed takeover.
In a piece outlining the details of their upcoming hearing, the report claims that the arbitration case that is due to start in July is important as it will decide if the Toon can have a quick takeover or if everything will drag on for even longer.
Mike Ashley has launched a second legal challenge that will take place in the Competition Appeal Tribunal (CAT), and if arbitration fails, then everything will come down to that, which could take place in 2022.
This has drawn the attention of these Newcastle fans, who have had enough.
“I’d rather it was settled once and for all in July so we can all move on. If Ashley loses I hope he opens up to other buyers rather than put us all through more purgatory. If he wins then great, happy days”
“If we lose the case, hopefully the Saudis walk away so someone else can come in and buy us.”
“100% not winning this. Better to just move on and sell to someone that will pass an O&D test. I’m sure there’d be a few takers.”
Do you think this will drag on until 2022?
Yes, probably
No, it can't
The takeover by PCP Capital Partners, PIF and the Reuben brothers was withdrawn in July 2020, and here we are nearly a year later, and we still don’t know if the takeover is going to happen or not.
This post continued to draw in Newcastle fans who had their say.
“The worst-case scenario will be the longer option, Ashley won’t give in as it’s more about his ego now and he’ll keep the club investment such as it is to a crippling minimum.”
“I can’t believe it’s coming to this. 14 years of purgatory and the fake bastions of football (@premierleague) are deliberately stopping us getting out of it.”
Hopefully, the arbitration proves to be successful because if not, this whole saga is going to drag on for even longer. Clearly, the prospect of a ‘fast-tracked takeover’ has not been taken to by these supporters, which suggests apathy has set in and that the fanbase may be hoping for a swift conclusion either way.
In other news: ‘An absolute bargain’, ‘Swap deal for Hendrick’ – Many NUFC fans buzz as transfer news emerges