Newcastle United have confirmed that their pending arbitration case against The Premier League has been postponed until early 2022 after a meeting on Monday.
The main hearing of the arbitration in the case between Newcastle United and the Premier League has regrettably now been adjourned until early 2022 due to issues with the disclosure of evidence.
— Newcastle United FC (@NUFC) July 19, 2021
Here is the full statement from the club:
The parties attended a hearing today in the case between Newcastle United and the Premier League.
The main hearing of the arbitration has regrettably now been adjourned until early 2022 due to issues with the disclosure of evidence.
The parties will be making no further comment at this time.
Newcastle’s arbitration case against the Premier League was supposed to get underway this month. The timeframe of the proceedings could have lasted well into the season. Now this club will remain in limbo almost indefinitely as no firm date for the arbitration has been set.
Mike Ashley has been reluctant to fund Steve Bruce’s summer business with a reported budget of just £10m as he hopes to get the Saudi-backed takeover resurrected. We are starting to fall well behind the rest of the pack in our preparations for the coming campaign.
This is another in an endless string of delays and shenanigans that are threatening this club’s ability to compete in the league. Now that a final decision on this takeover is not likely to happen until near the end of this season, Mike Ashley has to open up his wallet and back this club.