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Lee Ryder

Mike Ashley confirms another court battle with Premier League after failed takeover deal

Mike Ashley has filed ANOTHER court case against the Premier League.

The Magpies owner is already locked in an arbitration battle with top-flight chiefs over the club's failed takeover bid.

But now he is seeking damages, interests and costs from Premier League's top brass.

The claim is the same type of case as the Newcastle Consortium Supporters Limited who headed down the legal route last year with the Premier League.

The court documents stated: "The Claim states that the Defendant exercised its power to block the Proposed Takeover when it decided between June and September 2020 that the Kingdom of Saudi Arabia would be a director exercising “control” over NUFC, for the purposes of the Rules (“the Director Decision”).

"In reaching the Director Decision, the Defendant failed to apply the Rules in a fair, objective and non-discriminatory fashion and/or used its powers under the Rules for the improper purpose of promoting its own commercial interests and/or the interests of its business associates and/or certain of the PL member-clubs in a manner that was detrimental to competition and consumers."

And the notes went on: "According to the Claim, the Defendant’s conduct in purportedly applying the Rules was a decision (or decisions) of an association of undertakings, an agreement between an association of undertakings and/or a concerted practice that had as its object or effect the prevention, restriction or distortion of competition on the relevant markets.

"The Defendant also abused its dominant position on the relevant markets by preventing, alternatively impeding, the Consortium Company from proceeding with the Proposed Takeover, by refusing to deal with the Consortium Company and by imposing unfair trading conditions on the Consortium Company.

"The Claimant alleges that the Defendant prevented, or hindered, the Proposed Takeover and knew that its actions would prevent and/or delay the Proposed Takeover.

"The prevention and/or delay of the Proposed Takeover was liable to and did distort and/or restrict competition between PL clubs.

"By its actions, the Defendant infringed Article 101 TFEU and/or the Chapter I prohibition and/or Article 102 TFEU and/or the Chapter II prohibition.

"As a result of the breaches by the Defendant, the Claimant has suffered loss and damage. In particular, the Claimant has lost the immediate sale, or lost the likely opportunity of an immediate sale of its shares in NUL (which owns NUFC) to the Consortium Company."

And St James' Holding vs the FA Premier League confirmed that Ashley is seeking everything from the top-flight after failing to see the takeover go through.

The notes confirmed: "The Claimant seeks:

(1) Damages for loss of profit or, alternatively, loss of opportunity. (2) An injunction requiring the Defendant to withdraw the Director Decision and/or to reconsider the same. (3) Interest. (4) Costs. (5) Such further or other relief as the Tribunal considers appropriate."

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