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Newcastle United takeover suffer setback as arbitration hearing postponed

Newcastle United takeover has been hit by another setback, as the arbitration hearing has been adjourned until New Year, according to The Telegraph’s Luke Edwards.

#nufc takeover hit by yet another setback as arbitration hearing adjourned until New Year with both sides having issues with disclosure of relevant information. Unless Ashley sells to someone else likely he will now remain owner for next season #NUFCTakeover more to follow

— Luke Edwards (@LukeEdwardsTele) July 19, 2021

Both sides have issues with disclosing some relevant information, and Magpies chairman and owner Mike Ashley is set to remain in charge for next season except he sells to someone else apart from the Saudis.