NUST Official Statement on Mike Ashley CAT hearing – ‘Premier League not fit for purpose’
NUST have reacted angrily following the livestreamed Mike Ashley anti-competition CAT jurisdiction hearing on Wednesday.
The Newcastle United Supporters Trust (NUST) releasing a public statement (see below) commenting in the aftermath of the hearing.
NUST declaring: ‘In our view, the Premier League has proved it is not fit for purpose and not fit to govern itself. This ongoing dereliction of duty to the supporters of Newcastle United further emphasises the need for fundamental reform of football governance in the UK through primary legislation.’
Here you can read the complete statement.
NUST Official Statement to members – 30 September 2021:
‘TAKEOVER – Competition Appeal Tribunal
Yesterday a Competition Appeal Tribunal (CAT) hearing heard Daniel Jowell QC set out that media organisation BeIn Sports and “a number of major Premier League clubs joined in lobbying against the takeover deal”.
That led to an “unfair application of rules” and an “abuse of its position which distorted competition”. During the case, it was also revealed at arbitration in relation to the proposed takeover was set to take place on 3rd January 2022.
Adam Lewis QC, representing the Premier League said “If the arbitration decides that Kingdom of Saudi Arabia [KSA] would not be a director then the transaction can and will go ahead with no question of the owners’ and directors’ test applying to KSA.”
January 2022 now becomes critical to the future of Newcastle United. It was on this topic that NUST engaged legal counsel to write to the Premier League in support of the takeover, (after 96.7% of our members stated they were in favour) setting out detailed legal analysis why there appeared to be no impediment to the takeover being approved under the Premier League’s Owners’ and Directors’ test. There is no doubt that Newcastle United and Newcastle United supporters have been let down by the Premier League.
In our view, the Premier League has proved it is not fit for purpose and not fit to govern itself. This ongoing dereliction of duty to the supporters of Newcastle United further emphasises the need for fundamental reform of football governance in the UK through primary legislation.’
(To join thousands of other fans as members of the Newcastle United Supporters Trust go HERE)
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