Mike Ashley action needed – Arbitration in 2022 and now CAT hearing pushed way back
It is day 49 of the transfer window and Mike Ashley hasn’t allowed Newcastle United to make a single signing.
Only 19 days to go until Newcastle kick off their Premier League season and that needs to change very quickly.
Mike Ashley appeared to be relying on, or at least using it as an excuse, that a Newcastle United Takeover could suddenly happen very quickly.
At least not if it includes the Saudis who Mike Ashley is so desperate to sell to, due to the fact they are willing to pay, for whatever reason(s), far more than Newcastle United’s true market value.
The arbitration case had already been pushed back until sometimes in ‘early 2022’ at the very earliest.
Now on Tuesday we have had an update on the Mike Ashley CAT anti-competition case against the Premier League.
The hope for many fans was that this CAT case could potentially trigger a set of events that would lead to the Newcastle United Takeover happening very quickly, without then the need to wait for the arbitration case (or beyond!).
However, today we have learnt that the next stage of the CAT anti-competition case won’t happen until 27 September 2021 and that will only be a ‘jurisdiction hearing’, to decide whether CAT can even hear the case that Ashley has put forward.
So at best, this hearing would end up in a decision that CAT do have jurisdiction and can hear the case BUT then it would be a case of a further date then announced for when the main hearing would happen.
Bottom line is that there are now only 19 days until the Premier League season starts for NUFC and only 35 days of the transfer window remaining after today. Newcastle United desperate for some better quality players to be added, or else a guaranteed relegation fight in 2021/22.
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