English Premier League chairman Gary Hoffman has stepped down as the chairman of the English Premier League following the backlash he has received over the takeover of Newcastle United. The chairman has only spent less than 18 months on the job.
Premier League Chairman Gary Hoffman Resigns
The resignation is coming after some League teams wanted him to leave his position over his handling of the Saudi-led takeover of Newcastle United. Hoffman decided to leave after he felt he lacked the support of the majority of the clubs and felt the clubs were against him.
According to reports, the major grievances are said to revolve around the speed with which the Saudi Arabian takeover at Newcastle United was finally pushed through and the fact they were not kept informed. It was also reported that an announcement about his departure could be made in the coming days. An executive at one top-flight club revealed this.
All the clubs in the League has been briefed on the situation. The Premier League chairman Mr Hoffman’s impending resignation follows weeks of unrest about allowing the £305m purchase of Newcastle by a consortium spearheaded by Saudi Arabia’s sovereign wealth fund.