Newcastle United

Newcastle United: Lee Ryder drops claim on delayed takeover tribunal

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Image for Newcastle United: Lee Ryder drops claim on delayed takeover tribunal

Lee Ryder has given his thoughts on the Everything is Black and White podcast surrounding Newcastle United’s potential takeover.

The latest update on the takeover saga is that the long-awaited arbitration case was pushed back almost immediately with the issue being the disclosure of evidence.

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A statement was released by Newcastle United on Monday evening which stated there would be no further comment from any of the parties involved in the case, while journalist Henry Winter claimed fans need more respect and clarity.

Ryder offered his take on what this means for everyone involved on the latest Everything is Black and White podcast.

“Overall, this is a bit of a hammer blow in terms of he [Mike Ashley] wanted this club sold and that doesn’t look like it’s going to happen anytime soon.

“We’ve already seen this delay today [Monday], the anti-competition claim got delayed in the last couple of weeks – that could well happen again.

“The Premier League [are] certainly digging their heels in and Newcastle United fans are the ones picking up the pieces tonight.”

TIF thoughts on Newcastle’s takeover situation…

Mike Ashley is certainly determined to push this particular sale through having put his own money into legal fees to battle the Premier League in two separate court cases so he is likely to wait it out at least until January and start the fight all over again.

For Newcastle fans, they may well have grown sick and tired of the process and just want clarity now. If a deal is not likely to be brokered, then Ashley would be best suited to move away from PIF and look to sell the club to another potential buyer.

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With no decision forthcoming until January 2022 at the earliest, Ashley now has to seriously look at the club and back Steve Bruce in the transfer market with the club still yet to make their first signing of the window.

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