Mike Ashley withdraws case against Premier League
It now feels like a lifetime ago when the Mike Ashley CAT (Competition Appeal Tribunal) jurisdiction hearing went ahead at 10.30am on Wednesday (29 September 2021) with Newcastle fans able to watch proceedings via a livestream.
Only 13 days ago, in the anti-competition action, Mike Ashley was demanding that the Premier League reconsider the Newcastle United takeover deal, with in addition the NUFC owner also seeking damages, interest and costs due to the Saudi takeover not happening in 2020.
There was remarkable interest shown in the hearing, with CAT later confirming (see below): ‘There were approximately 33000 views from over 50 countries with an approx. peak of over 4000 concurrent viewers.’
That hearing ended with an announcement from the CAT panel that the decision on whether or not the anti-competition action will be able to be heard by them, would be made public at some later date.
Moving swiftly on and now the CAT have confirmed that Mike Ashley has formally withdrawn his anti-competition case and that both sides (Ashley and the Premier League) have agreed the terms of this withdrawal, which includes an agreement that ‘There shall be no order as to costs.’
CAT revealed on Monday (11 October 2021) that the case had been withdrawn, with Mike Ashley and the Premier League having informed them of the move on Friday (8 October), the day after the NUFC takeover went through.
Friday has seen CAT confirm exactly how high the level of interest had been, releasing the following information via their Twitter account – 1 October 2021:
‘Case 1402/5/7/21: St James Holdings Ltd v The Football Association Premier League Ltd
We have received queries regarding the viewership of the livestream on 29/09/21.
There were approximately 33000 views from over 50 countries with an approx. peak of over 4000 concurrent viewers.’
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