Pundit expects Newcastle takeover 'to get done now' after Tribunal update today
The Saudi-led takeover of Newcastle United will go through when arbitration starts up in January.
That’s according to former West Ham hitman Frank McAvennie, speaking exclusively to Football Insider about the latest on the takeover attempt.
Wednesday saw the first day of a Competition Appeal Tribunal (CAT) case brought by Mike Ashley over the league’s role in the collapse of the takeover.
The tribunal heard (via The Telegraph) Newcastle were threatened with expulsion from the Premier League over the takeover attempt.
It was also revealed the club’s arbitration case against the league will start up in January.
This will ultimately decide if the takeover goes through with the main issue being whether the Kingdom of Saudi Arabia will be a director of the club.
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McAvennie insists the takeover will go through as there is too much pressure on the Premier League.
“Ashley has done everything,” McAvennie told Football Insider correspondent Ben Wild.
“He gave a price, he got the price, he’s ready to sell. It’s just the Premier League now.
“I’m sure they will get it done now. There is too much pressure on the league now.
“I think the takeover will go through and that will be really exciting for Newcastle fans, they deserve it.
“They have agreed to sell the club, who are the Premier League to interject in that?”
Newcastle United are yet to pick up a win in the Premier League this season.
They are next in action against Wolves on Saturday afternoon.