Premier League CEO Richard Masters has said Newcastle's proposed new owners turned down the league's offer of independent arbitration regarding their takeover bid, resulting in the collapse of the club's sale.
Masters sent a letter to Newcastle Central MP Chi Onwurah in what was the league's first official comments after the takeover bid led by the Saudi Arabia Public Investment Fund (PIF) collapsed last month.
“I fully appreciate that the issue of a potential change in the ownership of Newcastle United Football Club (NUFC) is of great importance to you, as the MP for the area and as a fan, as it is to NUFC’s entire fanbase, and I would like to deal directly with the questions you raise," Masters wrote.