Exclusive: Premier League told to provide answers over failed Newcastle takeover
Danny Mills has urged the Premier League to provide answers to Newcastle United fans after the PCP Partners pulled out of a deal to buy the club.
The former Leeds and Manchester City defender, speaking exclusively to Football Insider correspondent Dylan Childs, insisted that “people have a right to know” the governing body’s reasoning behind stalling on the takeover bid.
The Saudi-backed consortium, fronted by Amanda Staveley officially withdrew their takeover bid last Thursday.
A statement cited a prolonged process coupled with global market uncertainty amid the Covid-19 pandemic as reasons for their decision.
The Premier League received the paperwork of a proposed £300million takeover in April but the deal was still being scrutinised by the Premier League under the Owners’ and Directors’ Test.
When asked by Football Insider for his assessment of the situation on Tyneside, Mills said: “The longer it went on you started to worry.
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“Nothing was very forthcoming in any way, shape or form. You start to think that something is awry.
“If something is right, it is right. If you get asked questions you give the answers. It is as simple as that. When it gets to 16 weeks you wonder what is next. Why has it not been solved?
“It would be nice to hear from the Premier League. It would be nice to know what the reasoning is and what the exact issues were. People have a right to know that. “
A petition calling for an independent investigation into the Newcastle takeover process has racked up over 60,000 signatures over the past few days.
If the petition gains 100,000 signatures it will be considered for debate in parliament.
In other Newcastle United news, Darren Bent has told Football Insider who was to blame after “massive” takeover development.