Mike Ashley Amanda Staveley Premier League Newcastle United FC Mike Ashley Amanda Staveley

Newcastle owner Mike Ashley exploits Covid-19 loophole as takeover talk continues

Reading now: 486
www.dailystar.co.uk

Owner Mike Ashley has exploited another loophole due to the Covid 19 crisis by delaying publication of Newcastle's accounts.

The Magpies are the only Premier League club not to have released figures for the 2018-19 season after the Govenment announced a three month extension back in March which allows clubs to wait until June 30 before making them public.

By then, Newcastle are likely to be under new ownership with Amanda Staveley's Saudi-backed consortium expected to receive official approval for their £300m despite controversy surrounding TV piracy and human rights issues.

It would be a fitting finale to Ashley's acrimonious 13 years at the helm. The retail magnate has yet to comment on the takeover, having spent lockdown with his family

Read more on dailystar.co.uk
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA