Kieran Maguire: This is why Newcastle are only Premier League team yet to release key document
Newcastle United are yet to release their annual accounts because it is yet another way for Mike Ashley to “stick two fingers up” at the fans.
That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after a fortnight in which Ashley generated headline after headline.
He launched a second lawsuit against the Premier League on 6 May, accusing them of breaching anti-competition rules in relation last year’s failed PIF takeover.
The retail tycoon later blasted “dark forces” for standing in the way of the regime change after HMRC dropped a long-running investigation into Newcastle’s tax affairs.
And the finance guru insisted that the fact that Newcastle haven’t released their annual figures is yet another indication of his disdain for the supporters.
“They haven’t published their accounts yet,” he told Football Insider correspondent Adam Williams.
“Almost everyone else has at this stage published them. Every other Premier League club has, anyway.
“In fact, there are only two clubs that haven’t released their accounts. Watford are the other one and my understanding is that they are not far away from doing so.
“For Newcastle, it’s just Mike Ashley’s way of silently sticking two fingers up at the fanbase.”
Ashely also came under scrutiny last week for his continued use of the government job retention scheme.
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