According to Mirror Sports, the legal team of American businessman Henry Mauriss has claimed that he could complete a fit and proper persons’ test in less than three weeks.
Saudi Arabia’s Public Investment Fund are looking to seal a £300 million takeover of Newcastle United, but the deal is still awaiting ratification, and the Premier League has spent almost two months carrying out its owners’ and directors’ test.
California-based Mauriss, owner of Clear TV Media, has lodged a rival bid with Magpies owner Mike Ashley and is said to be willing to pay his original asking price of £350 million.