Newcastle United takeover hopes dealt huge blow as arbitration with Premier League postponed until 2022

Newcastle United’s arbitration with the Premier League has been adjourned until 2022 in a huge blow to the takeover chances.

Magpies fans face months of more frustration as they wait to find out if the Saudi Arabian-backed bid will succeed.

Newcastle United’s takeover hopes have been hit by a hammer blow after their arbitration case was pushed back until early 2022

The delay, caused by ‘issues with the disclosure of evidence’, means current owner Mike Ashley could remain at the helm for the whole of next season.

That is also likely to have an impact on any potential transfer budget available to manager Steve Bruce.

A short statement released from the club confirmed the initial hope for a resolution this month would not be possible.

“The parties attended a hearing today in the case between Newcastle United and the Premier League,” a club statement read.

The news is likely to come as a huge blow to Steve Bruce

“The main hearing of the arbitration has regrettably now been adjourned until early 2022 due to issues with the disclosure of evidence. 

“The parties will be making no further comment at this time.”