When the Newcastle United takeover process started, it was initially thought that the Premier League would hardly take four weeks to deliver their verdict.
It’s nearly three months now, and no one has got any clue about what the outcome will be. Newcastle are doing well on the pitch, but without any direction off the pitch, the Magpies are in limbo.
According to the Athletic journalist, Matt Slater, it is the issue of piracy that is yet to be resolved, and that is the only stumbling block at the moment.
Two ways out of this: proceed with PIF-led takeover but make real progress on piracy or repackage the deal to create distance between KSA state & NUFC (this is what many thought they should have done in the 1st place but will be hard now as they'll look like shadow directors)
— Matt Slater (@mjshrimper) July 7, 2020
In a discussion with the well-known journalist George Caulkin on ‘Pod on the Tyne’ podcast, Slater has given a fascinating take on where the takeover situation stands at the moment.