Newcastle United FC: legal proceedings against Premier League after club takeover falls through

Newcastle United FC (Premier League) can confirm that it has initiated legal proceedings against the Premier League in respect of the League's conduct regarding the potential takeover of the club (by a consortium with mainly Saudi capital, which was abandoned), announced the club on 19/11/2020.

"The club has previously not commented on the arbitration it is pursuing against the Premier League ('EPL') with respect to its conduct relating to the proposed takeover because of the confidentiality clause in the EPL's rules. However, the club is aware of public reports which state that, on 17/11/2020, the EPL referred to legal proceedings with the club (e.g. social media posts referring to the 'club's own legal case') in a letter to Newcastle supporters," Newcastle Consortium Supporters Ltd had in fact written to the Premier League asking for an explanation for its role in the withdrawal of the potential buyers, to which the English League replied by disclosing the existence of ongoing proceedings against the club itself.

The English businessman Mike Ashley has been trying to sell the…