Newcastle’s Federico Fernandez has revealed what Mike Ashley told the squad in regards to the failed takeover.
In an interview with EFE (via La Vanguardia), the former Swansea centre-back said: ‘We had a talk with the president where he told us about what was being said outside, that the Premier League had stopped the sale. He didn’t tell us much else.’
The Argentine defender – who cost £6 million from the Swans – doesn’t shed too much light on what stopped the proposed takeover from PCP Capital Partners, the Reuben Brothers and the Public Investment Fund of Saudi Arabia (PIF).
However, it is still interesting to see that Ashley sat down with the squad to inform them of the latest ongoings in the saga.
In truth, the situation doesn’t look like it’s been brought to a close.
Jamie Reuben – one of the aforementioned Reuben brothers – tweeted in response to a story from The Shields Gazette revealing that Gordon Stein and Keith Patterson, of Newcastle Consortium Supporters Limited, had issued a ‘Letter Before Action’ to the Premier League.
Furthermore, Amanda Staveley’s husband Mehrdad Ghodoussi also responded to the story, showing that the pair of stakeholders are clearly still invested in the takeover saga.
Sky News have also reported that Ashley has hired top lawyers to challenge the Premier League’s decision to block the proposed takeover. The green light was not given after the consortium involving PCP Capital Partners, the Reuben Brothers and the PIF failed the Premier League’s Owners’ and Directors’ test.