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Another Dark July For Newcastle United – Ashley Must Increase Transfer Budget Or Lower Inflated Asking Price



On Monday, Newcastle United announced that the main hearing of the arbitration case against the Premier League had been adjourned. Issues with the disclosure of evidence were cited as the reason.

The case was expected to start imminently but now has basically been indefinitely postponed. An estimate of ‘early 2022’ for the case’s resumption was provided as the potential timeframe.

Immediately after the announcement, Mehrdad Ghodoussi suggested this was more shenanigans from the Premier League.

However, there have been reports from some journalists, like The Telegraph’s Luke Edwards, that both sides failed to provide all the relevant evidence. Edwards has been consistently skeptical about this takeover since before the Saudi’s pulled out last summer.

It was another dark July day for the hopeful yesterday. Not as devastating as last year, but a deep disappointment for many.

There are a few potential silver linings. The Premier League is obviously playing the long game here. They are desperate to drag this along in the shadows for as long as it takes.

The goal seems to be to make the process the punishment and to exhaust Mike Ashley and the consortium into capitulation without having to reveal any of their potential misdeeds.

This suggests a lack of confidence in their evidence so if these proceedings ever get underway, it could be a positive outcome for Newcastle.

The second ‘potential’ positive is that Ashley could now be forced to invest in this squad. If he’s going to continue with the arbitration, he doesn’t want to risk being bottom of the table next Spring when the arbitration case gets underway.

So we’ll see if Ashley kicks a few more quid Steve Bruce’s way to keep Newcastle competitive while the arbitration case remains unsolved.

However, there is a chance that Ashley and the buyers just walk away. The Premier League has proven to be as unaccountable as a clandestine force pulling invisible strings. There seems to be no appetite by any institution to make them play by their own rules.

If Ashley truly wants to sell Newcastle, and not just make a massive profit, he could find a buyer quite easily by dropping his inflated asking price.

My focus remains firmly on backing Bruce and the boys. We have a great group of lads that requires a few quality additions ahead of what is likely to be another exacting season on Tyneside.


151 comments so far

  • Adamn_92

    Jul 20, 2021 at 11:18 AM

    Comment #41

    Having slept on it, I don’t think the delay is as bad as I first feared. Agree with some posters thoughts that it could be deliberate so the CAT case is first. As it’s public the league may be far more hesitant for that to get the go ahead. If they won arbitration before the CAT case, would they give them grounds to potentially have arbitration dropped? One thing that is strange though, is that if Newcastle wanted the CAT case to go ahead first, then the recent pushes for transparency in the arbitration seem strange. Why not have had the plan from the get go be that CAT is heard first and then push for arbitration afterwards?

    Feeling more positive about it but there’s still a lot that doesn’t make sense.

    0
  • Lee Charnley Bunga Party

    Jul 20, 2021 at 11:20 AM

    Comment #42

    @Adam

    Could be the premierleague have seen the calls for the process to be made public and are like no chance so have pushed for the delay in the hope it either goes away or it can be settled out of court?

    0
  • cleveleysbob

    Jul 20, 2021 at 11:20 AM

    Comment #43

    Yep! Games within games.

    Amanda knows that if she fires up the fan base, we give the PL, DCMS, PM, MP’s etc dogs abuse and bury them all in an avalanche of :poo:

    If anything works and they allow public hearing, great. If they don’t plan B is kick it down the road and let’s get cracking with CAT.

    Games without frontiers- it’s a knockout! 🙂

    4
  • cleveleysbob

    Jul 20, 2021 at 11:25 AM

    Comment #44

    This is big stakes business manoeuvring, £340M is not a lot to PIF, but their intention to build us into a £3 – 5Billion club most certainly is. They won’t quit and they’ll ultimately get their way. The problem for us as frustrated fans is when?

    4
  • magscar

    Jul 20, 2021 at 11:25 AM

    Comment #45

    Can only form an overview of latest development as just can’t invest in saga so maybe I’m missing point and my usual optimism is in overdrive so….

    Is this a stand alone decision or linked to oter caseinsaome way?

    Is it a result of Stavely’s olive branch last week (?) and clears the way for an out of court settlement on one whilst the other is kicked into long grass?

    Does it therefore allow an exit strategy without the washing of “dirty linen” in public for P?

    Back to watching and waiting without hanging on every tweet, comment and opinion as i find it less harmful to my well-being

    3
  • Lee Charnley Bunga Party

    Jul 20, 2021 at 11:29 AM

    Comment #46

    When they say the “top 6” It wouldn’t surprise me if Chelsea and City were not that bothered about the addition of an extra team spending money

    The way they have their clubs organised with the feeder clubs and loan market being used they are going to take some catching up with and they are not really afraid of spending money when needed

    Its the clubs with the American owners who don’t actually want to spend money to stay at the top in Liverpool, Arsenal and Man Utd along with Spurs who will not want a team like us to have backing as we could easily overtake them with proper investment

    8
  • TheTinman

    Jul 20, 2021 at 11:29 AM

    Comment #47

    Bob, would you be so kind as to remind me when the CAT case is due to kick off, if this info is known? If not known, do we know when we might find out the start date?

    Any idea as to how long these things take, or is it a piece of string?

    1
  • Aces-of-Eights

    Jul 20, 2021 at 11:31 AM

    Comment #48

    Omne. They wanted transparency but realising it wont happen changed tactic on Monday and put all the bets on cat case

    1
  • magscar

    Jul 20, 2021 at 11:35 AM

    Comment #49

    I do believe that parties involved in sale and purchase are still determined to achieve this

    However there are significant vested interests ranged against them and a lot at stake for those against sale including the so called big clubs and their monopoly

    You can no doubt add the other 14 clubs ( and their fans) who would reasonably see this as just the 6 becoming 7 and a change in heirarchy with no gain for them whatsoever

    Delays of course mainly if not totally benefit the PL so I do hope it is part of a wider strategy to resolve takover

    2
  • Ace50

    Jul 20, 2021 at 11:36 AM

    Comment #50

    I had just written what Aces had (a different person to me 🙂 ) and the page refreshed (for no apparent reason) and I lost the text.

    0
  • Ace50

    Jul 20, 2021 at 11:38 AM

    Comment #51

    Just guessing but I think if they had achieved transparency for arb, they might have continued with that. As it was not forthcoming, they ‘postponed’ it and are focusing on CAT. Would explain the low-key, late update re postponement of arb.

    1
  • onmeedsun

    Jul 20, 2021 at 11:40 AM

    Comment #52

    Aces
    Hope you’re correct but the CAT case could run for months. Don’t think it will be done and dusted by start of season. The only positive out of this is if the takeover is agreed before any of these legal processes commence. Regardless of any of this, there needs to be investment into the club, this summer. Without it we have every right to feel completely irrelevant. Just not acceptable and I expect the fanbase to up the ante once games start.

    3
  • Adamn_92

    Jul 20, 2021 at 11:40 AM

    Comment #53

    If the CAT case is as strong as we’re led to believe and we’re confident of winning and showing the premier league acted unlawfully, it would make more sense to push for transparency after winning that case wouldn’t it? As we’d then have a lot more weight behind our push. We could say hey look we’ve just shown that the league acted unlawfully so now more than ever we need transparency. Would likely get more coverage on the back of the league losing the CAT case and more likely to have government intervention to some extent. Just my two cents worth.

    10
  • lesh

    Jul 20, 2021 at 11:45 AM

    Comment #54

    Tinman

    All you can do is check the CAT site and the case status.

    There’s the small matter of whether the case falls under the jurisdiction of CAT, a question the EPL has raised and which is likely to be decided by a preliminary hearing. If CAT decides Ashley’s case does fall within CAT’s remit, then there’ll be another hearing.

    I think

    2
  • lesh

    Jul 20, 2021 at 11:48 AM

    Comment #55

    Tinman

    1402/5/7/21 St James Holdings Limited v The Football Association Premier League Limited | Competition Appeal Tribunal
    https://www.catribunal.org.uk/cases/14025721-st-james-holdings-limited

    Here’s the link to CAT

    0
  • Lee Charnley Bunga Party

    Jul 20, 2021 at 11:50 AM

    Comment #56

    There really isn’t any excuse for the club to be allowed to spend CLUB MONEY on improving the club now though

    Willock loan with option to buy
    Gallagher loan with option to buy
    Lookman foreign loan with option to buy
    Van aarnholt free transfer

    Then we just need to look for a striker backup and a younger CB possibly Watts could fill that position though?

    2
  • Ace50

    Jul 20, 2021 at 11:51 AM

    Comment #57

    Adamn, the way it sounds is, if the CAT case goes fully ahead (with what is allegedly in there reported) and is won, then arb is likely not be needed. Someone said last night on the blog that MA has two objectives from CAT case: to get compensation, and to get takeover approved.

    So, de ja vu, it’s a wait and see time. Totally agree with onmeedsun – we need additions to the team in the meantime!

    1
  • onmeedsun

    Jul 20, 2021 at 11:54 AM

    Comment #58

    And on and on and on……
    In the meantime the club stagnates, more of our loyal fans walk away from the club, and the decent players agitate for moves to more ambitious clubs. Who would blame them. We are left with a bunch of journeymen just picking up their PL pay check.
    If there’s any fan base that deserves better that this it’s ours. We should not accept this anymore without a ‘fight’. Of course we have to demonstrate within the law, but there’s no reason why SJP can’t be a bear pit of toxicity aimed at the PL. I’m sure Mike won’t mind anti PL banners this season.

    1
  • martoon

    Jul 20, 2021 at 11:55 AM

    Comment #59

    I’ve been away for the last few days and I was gutted when I read the news about the delay. Having read comments on here I don’t feel quite so bad but what I don’t understand is why has Amanda suddenly popped up on several media programs spouting about transparency – I don’t see where that fits into their endgame??

    1
  • Aces-of-Eights

    Jul 20, 2021 at 11:58 AM

    Comment #60

    By 31 Aug we should have a clearer picture of what kinda season we will have. 6 more weeks toon22

    1
  • lochinvar

    Jul 20, 2021 at 11:59 AM

    Comment #61

    Solano
    Sorry no link, just meant to say that there’s a huge amount of information out there to digest

    1
  • Aces-of-Eights

    Jul 20, 2021 at 12:00 PM

    Comment #62

    I agree ash needs to sanction players right now for preseason. Willock..another similar mid.. And an able deputy to Wilson. Should do until Jan

    0
  • Adamn_92

    Jul 20, 2021 at 12:01 PM

    Comment #63

    We can all agree on that, we need players before the season starts and waiting for takeover developments just can be used as an excuse not to spend!

    1
  • lesh

    Jul 20, 2021 at 12:04 PM

    Comment #64

    Martoon

    Maybe Staveley et al were keen to go public about transparency to get the issue into the public domain – media coverage – and raise awareness of the EPL’s shenanigans, putting pressure on it.

    It seems to have worked now that the likes of Talksport, the Beeb and printed.media have picked up on it.

    3
  • lochinvar

    Jul 20, 2021 at 12:07 PM

    Comment #65

    Solano
    Don’t be tempted to over exercise pups as can cause joint development issues.
    We used these guidelines, seemed to work well
    People will tell you ” bet he needs loads of exercise” – don’t be tempted. Mental stimulation and playing really helps their development.
    Puppy socialisation classes are a must and good trading for the owners as well!

    No Bruce style training early on, no miles and miles of endless running around the pitch!

    A good rule of thumb is a ratio of five minutes exercise per month of age (up to twice a day) until the puppy is fully grown e.g. 15 minutes (up to twice a day) when 3 months old, 20 minutes when 4 months old and so on. Once they are fully grown, they can go out for much longer.

    0
  • TheTinman

    Jul 20, 2021 at 12:14 PM

    Comment #66

    Lesh, thank you

    0
  • DubaiMicky

    Jul 20, 2021 at 12:16 PM

    Comment #67

    Worth a watch/listen in your lunch break, Wraith and Patterson.

    Arbitration Postponed till 2022! What Exactly Does This Mean For #NUFC Takeover?
    https://youtu.be/6teFTpi0fNY

    3
  • TheTinman

    Jul 20, 2021 at 12:17 PM

    Comment #68

    Lochinvar, sound puppy advice. I would add that I wouldn’t advocate sleeping near it when it is in its crate. Better to put up with a weeks howling than a lifetime of separation anxiety. I did read a suggestion of putting the cage in bedroom on day 1, moving it to the door on day 2, outside the door day 3, down the landing day 4 etc. Until it gradually makes it to wherever you want it to sleep. But we just put it where it was going and ignored crying, think she stopped after about 2 days.

    2
  • Jamesthefirst

    Jul 20, 2021 at 12:22 PM

    Comment #69

    Really good interview with Keith Patterson – 24 mins on Wraith show just now about why this is good news for the takeover and what it means

    https://youtu.be/6teFTpi0fNY

    5
  • Wor B

    Jul 20, 2021 at 12:23 PM

    Comment #70

    Sad but not surprised to read Moonraker15 has had enough.

    Supporting NUFC has never been easy, but under Ashley’s tenure it has become unbearable for some. 🙁

    I hope we can welcome Moonraker and many others back when the parasite has gone.

    5
  • Essex Geordie Bill

    Jul 20, 2021 at 12:25 PM

    Comment #71

    Neil

    Wonder if it’s possible to calculate the number of words and comments written so far on the latest T/O on the blog since the process started?

    Just curious!

    2
  • Jamesthefirst

    Jul 20, 2021 at 12:28 PM

    Comment #72

    Some interesting things have come to light today in Patterson interview and others now revealing things they alluded to last week.

    1) Nick DeMarco and Fatima are NOT on the CAT case legal team. Completely different legal team that have been working on the CAT case

    2) CAT case is most likely to be announced this month and will run for “Around 2 months” so all over by October.

    3) Buyers knew 1 week ago they were going to pull out of the Arbitration unless it was public.

    4) The CAT case only needs to prove that one body outside of the PL colluded to end the takeover. BEIN Sports, another club, etc. Newcastle will win and win big

    5) PIF are staying at the table and have never left. They are determined to own this club.

    6
  • Adamn_92

    Jul 20, 2021 at 12:33 PM

    Comment #73

    James

    Hasn’t a letter from Bein to the league basically asking them to reject it been made public already? If they only need to prove one outside source interfered then it sounds like the easiest case in the world!

    2
  • ArtyH

    Jul 20, 2021 at 12:36 PM

    Comment #74

    lochinvar @ 19, I sent an email to GB News asking them to investigate this whole charade, maybe if others did the same it may pick up some traction. GB News is the only vehicle likely to take up the cudgel and give it a run.

    2
  • Jamesthefirst

    Jul 20, 2021 at 12:36 PM

    Comment #75

    @Adamn_92 – Yes that letter is in the public domain. BEIN Sports wrote to all of the other clubs and asked them to do everything possible to stop the NUFC takeover.

    Spurs wrote back to confirm they would. (according to Patterson and others)

    The CAT case is a slam dunk.

    It results in a takeover and the end of Masters and Hoffman.

    0
  • onmeedsun

    Jul 20, 2021 at 12:40 PM

    Comment #76

    I think Bein have every right to question the Saudis buying us, as much as I want it to happen. It’s like the fox being allowed inside the chicken coup. The PL will be able to play the piracy card. The Saudis should have made a payment to Bein to settle this dispute and we could then all move on. We get the takeover, the Quataris receive some compensation. I think the consortium were naive to think this would not be an issue. Between them all no one was prepared to confront the ‘elephant in the room’ for fear of upsetting the Saudis. Ultimately they are the ones who have let us down. Sad but true.

    4
  • Wor B

    Jul 20, 2021 at 12:40 PM

    Comment #77

    EGB

    Assuming jane is correct, we’ve had 466 days of this T/O.

    Using guesstimates…

    400 posts/day, average 50 words/post. Half the posts being T/O based.

    4.6 Million words.

    Mund’s on his 3rd keyboard.

    😆

    11
  • Toonarmy of Frogs

    Jul 20, 2021 at 12:41 PM

    Comment #78

    Last Cat delay cited difficulties with two cases running.

    That problem is lessened/dropped.

    Cat will give an answer sooner than arbitration. See what this action brings, as it’ll be the only interesting bit under and Ashley/Bruce nufc this season.

    4
  • Aces-of-Eights

    Jul 20, 2021 at 12:46 PM

    Comment #79

    My understanding is saudis werent found guilty of piracy but that they just didnt do enough to stop it. So legally theyre not responsible so piracy really cant be used to block takeover

    2
  • onmeedsun

    Jul 20, 2021 at 12:50 PM

    Comment #80

    Aces
    Yes not guilty, just negligent in not doing anything to prevent it and not allowing any legal challenges from interested parties in their country. I’m just being completely objective about this.

    1


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