Newcastle takeover arbitration hearing adjourned to 2022
The Newcastle takeover saga will carry on into next year after the Premier League arbitration hearing was adjourned until “early 2022”.
The delay, caused by “issues with the disclosure of evidence”, means current owner Mike Ashley could remain at the helm for the whole of next season, with the club facing a wait of more months to find out if the Saudi Arabian-backed bid will succeed.
That is also likely to have an impact on any potential transfer budget available to Magpies manager Steve Bruce.
A joint statement from the Premier League and Newcastle read: “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.”