Pundit blasts 'bitter' Ashley after latest Newcastle document controversy
Mike Ashley “shouldn’t have anything to hide” at Newcastle United and has no excuse for failing to file the club’s accounts.
So says ex-Premier League forward Noel Whelan, speaking exclusively to Football Insider about the latest controversy surrounding the 56-year-old.
Newcastle have not yet submitted their accounts which, according to Companies House, were due on 31st July.
The Magpies are the last Premier League team to file their annual report and have already delayed publication on one occasion this year.
Finance expert Kieran Maguire told Football Insider on 4th July that Ashley’s lack of transparency was evidence of his “contempt” for the fans.
And Whelan claims that the club’s financial picture should be simple given their relative lack of investment in the last 12 months.
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He told Football Insider correspondent Adam Williams: “It’s no secret that everyone wants him out as soon as possible so they can get this takeover done.
“He’s got this discrepancy with the Premier League and there seems to be some bitterness there.
“But they haven’t spent a hell of a lot so their financial situation should be pretty clear really.
“They should have nothing to hide. Maybe their financial advisor has been on holiday for a month or something like that…unbelievable.”
Ashley is currently involved in both an anti-competition lawsuit and takeover arbitration proceedings with the Premier League.
The anti-competition case will be heard in September while arbitration has been shelved until early 2022.