Football FanCast
·12 May 2021
Football FanCast
·12 May 2021
In an exclusive interview with Football FanCast, Steve Howey, who made 157 appearances for Newcastle United, is hopeful that PIF will still be interested in buying his former club despite 12 months of no progress.
It was 12 months in April since Mike Ashley accepted a £300 million bid from Amanda Staveley’s consortium that was largely backed by PIF, however, the takeover is even further away from being passed through now.
It was reported last week that Mike Ashley is set to launch a second legal battle against the Premier League for costs, damages and interests after the proposed takeover failed to be approved last year.
Speaking on how he still hopes PIF are willing to buy the club but how it will be another slow process, Howey exclusively told FFC:
“We just have to wait and see what happens because I think Mike Ashley is now putting together a lawsuit against the Premier League for anti-competition, so you can imagine that will drag on.
“Let’s just hope that these people are still willing to take the club on so things can move forward, but it will probably be another slow process as it won’t happen overnight.”
Ashley is also in the process of an arbitration case against the Premier League, which is still yet to begin as the Sports Direct tycoon looks to get Newcastle sold.
With Steve Bruce managing to guide the Magpies to safety it will allow any potential buyers to look at Newcastle as a Premier League club they could buy.