MX23RW : Thursday, April 25 10:57:07| >> :120:7158:7158:

Premier League granted more time to respond to Newcastle takeover claim

Premier League granted more time to respond to Newcastle takeover claim
© Reuters
The Magpies' owner has launched two legal battles.

The Premier League has been granted more time to respond to Newcastle's claim to the Competition Appeal Tribunal over their collapsed takeover.

League bosses had sought an extension until June 15 to prepare their submissions and evidence on the basis that it is already having to do the same in regard to its ongoing arbitration case with the club.

However, CAT president the Hon Mr Justice Roth, who revealed the governing body has also asked for further time in those proceedings, has granted an extension until June 11.

In his judgement, published on the CAT website, he said: "I do not see that the defendant will be prejudiced by a limited extension. Taking all this into account, I consider that a slightly more limited extension of time to 11 June 2021 is appropriate and justified."

Magpies owner Mike Ashley turned to his lawyers after Amanda Staveley's largely Saudi-funded consortium withdrew its £300million-plus offer for the club last summer after waiting in vain for 17 weeks for the Premier League to complete its owners' and directors' test.

Details of the arbitration case filed by Newcastle United remain undisclosed, but one of the issues during the takeover process was the Premier League's quest for clarity on the relationship between Saudi Arabia's Public Investment Fund, which was to take an 80 per cent stake in the club, and the state.

The CAT claim, which is being pursued on behalf of Ashley's St James Holdings Limited, revolves around alleged restrictions on prospective new owners by the league and its member clubs.

It is understood Ashley and the Staveley consortium remain intent upon doing business, although their wait is set to stretch for at least a few more weeks.

The CAT document reveals that the arbitration claim is to be heard "on an expedited basis in July 2021".

ID:448049: cacheID:448049:1false2false3false:QQ:: from db desktop :LenBod:restore:2833:
Restore Data
Share this article now:
Newcastle United's Ryan Fraser celebrates scoring against Blackburn on September 15, 2020
Read Next:
Steve Bruce fires warning over possible Ryan Fraser selection for Euro 2020
>
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Arsenal34245582265677
2Liverpool34228475344174
3Manchester CityMan City32227376324473
4Aston Villa34206871502166
5Tottenham HotspurSpurs32186865491660
6Manchester UnitedMan Utd33165125150153
7Newcastle UnitedNewcastle331551369541550
8West Ham UnitedWest Ham34139125463-948
9Chelsea32138116157447
10Bournemouth34129134960-1145
11Brighton & Hove AlbionBrighton321111105250244
12Wolverhampton WanderersWolves34127154654-843
13Fulham34126165054-442
14Crystal Palace34109154456-1239
15Brentford3498175259-735
16Everton34118153648-1233
17Nottingham ForestNott'm Forest3479184260-1826
18Luton TownLuton3467214775-2825
19Burnley3458213769-3223
20Sheffield UnitedSheff Utd3437243392-5916


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!