SM
Spurs vs. Arsenal: 4 hrs 53 mins
Upcoming predictions and previews
Collect News Data

Newcastle United want Premier League to let takeover arbitration be heard in public

:Headline: Newcastle United want Premier League to let takeover arbitration be heard in public:
The sportswear magnate was furious when the proposed takeover by a largely Saudi-backed consortium collapsed.
Sports Mole

Newcastle owner Mike Ashley has challenged the Premier League to allow the club's arbitration claim against it to be heard in public – and urged the Government to intervene if it refuses.

The sportswear magnate launched a two-pronged legal assault on the governing body after it failed to reach a decision on a proposed largely Saudi-backed takeover bid last year after 17 weeks of deliberations under its owners' and directors' test, and is now citing the European Super League debacle to support his demand for greater transparency.

One line of attack is the arbitration case, which is due to be held later this month, and centres around the way in which the Premier League applied its rules in considering the Amanda Staveley-led consortium's bid, and the alleged influence of its commercial partners on that process.

A club statement released on Thursday said: "The EPL Rules provide the entire arbitration process is confidential. However, both parties can agree for it to be in public. The club believes it should be.

"The issues at stake, including the lawfulness of the EPL's decision making process and the widely publicised alleged influence of the EPL's commercial partners on the EPL's decisions, are of far wider interest to other football clubs, fans and the public in general.

"The recent attempted breakaway by some EPL clubs – and the reaction of the government and public to it – has again highlighted the need for transparency and fairness in football governance.

"Gone are the days when important decisions that affect clubs and their fans should be made secretly, behind closed doors and away from the public eye.

“If the EPL has acted lawfully and properly, it should have no reason to be afraid of the public spotlight.”
- Newcastle statement

"The club has nothing to hide with respect to the arbitration and invites the EPL to agree that it should no longer be held behind closed doors. If the EPL has acted lawfully and properly, it should have no reason to be afraid of the public spotlight."

The consortium, which is 80 per cent-funded by Saudi Arabia's Public Investment Fund with the Reuben Brothers and Staveley's PCP Capital Partners each taking a 10 per cent stake, launched its £300million-plus attempt to buy the Magpies in April last year, but withdrew its offer on July 30 with a decision still pending.

Throughout the intervening period, both Ashley and the prospective buyers were confident there were "no red flags" and insisted they had addressed concerns over the Saudi state's links to the bid and TV piracy.

The Frasers Group boss was furious, therefore, when the deal collapsed and has also lodged a claim with the Competition Appeal Tribunal.

Amanda Staveley fronted the consortium which tried to buy Newcastle last year (Victoria Jones/PA)

However, it is the arbitration claim which is currently the club's main focus, and the latest development represents a significant escalation.

The statement continued: "To date, the EPL has strongly resisted any public scrutiny of its decision-making process. It tried, and failed, to prevent the High Court's judgment about elements of the arbitration being published last February.

"It is currently attempting to prevent the competition courts considering a claim by the club's sellers from taking place in public, arguing that too should be held in confidential arbitration.

"So the club has invited the EPL to agree – as the claim raises such important issues of sports governance, transparency and openness – that it should be held in public.

The Premier League has not commented on the latest development (Andy Rain/PA)

"The club is prepared for every stage of the process to be in public: the public should be able to see the parties' evidence and arguments as well as the full decision of the tribunal when it is made.

"The Government quite rightly threatened to intervene in reaction to the proposed breakaway from the EPL earlier this year, and the reaction of football fans and the wider public was instrumental in stopping the emergence of the European Super League (ESL).

"If the EPL continues to insist that the club's claim must be determined behind closed doors, the club asks that MPs, the government, the media and the general public call on the EPL to finally accept public scrutiny of its decision-making process."

The Premier League was not commenting on the matter on Thursday evening.

body check tags ::

amp_article__453607 : Collect and Make Data not in DataBase  : 
last updated article - 2021-07-01 21:17:41:
html db last update - 2021-07-01 20:36:15 :

ex - 7200 : read : write cache and make html

Click here for more stories about Amanda Staveley

Click here for more stories about Newcastle United

Share this article now:
MU
Read Next:
Liverpool considering Nat Phillips sale?
>


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!
Read more about Amanda Staveley Mike Ashley Football
Follow @SportsMole for the latest breaking news stories, and follow @sm_headlines to get every headline from Sports Mole
Recommended Next on SM
Liverpool considering Nat Phillips sale?
Late Chelsea winner denied in pulsating four-goal Aston Villa draw

Page options

Premier League Table
TeamPWDLFAGDPTS
1Arsenal34245582265677
2Manchester CityMan City33237380324876
3Liverpool35229477364175
4Aston Villa35207873522167
5Tottenham HotspurSpurs32186865491660
6Manchester UnitedMan Utd34166125251154
7Newcastle UnitedNewcastle341651374551953
8West Ham UnitedWest Ham351310125665-949
9Chelsea33139116359448
10Wolverhampton WanderersWolves35137154855-746
11Bournemouth34129134960-1145
12Brighton & Hove AlbionBrighton331111115254-244
13Fulham35127165155-443
14Crystal Palace351010154557-1240
15Everton35128153748-1136
16Brentford3598185260-835
17Nottingham ForestNott'm Forest3479184260-1826
18Luton TownLuton3567224877-2925
19Burnley3559213870-3224
20Sheffield UnitedSheff Utd3537253497-6316
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.

history www

Sunday's Premier League predictions including Tottenham vs. Arsenal

1

SP

Sunday's Eredivisie predictions including NEC vs. AZ Alkmaar

2

SE

Sunday's Transfer Talk Update: Colwill, Maatsen, Mitoma

NEW

3

ST

Sunday's Turkish Super Lig predictions including Trabzonspor vs. Gaziantep

4

ST

Sunday's Bundesliga predictions including Monchengladbach vs. Union Berlin

5

SB

Sunday's La Liga predictions including Real Betis vs. Sevilla

6

SL

Sunday's Primeira Liga predictions including Porto vs. Sporting Lisbon

7

SP

Preview: West Ham vs. Liverpool - prediction, team news, lineups

8

PW

Arsenal 'want up to four marquee signings this summer'

9

A'

Man United 'handed major Olise boost as winger's stance revealed'

10

MU


. . . . . . . . . . . . . . .