Premier League chief executive Richard Masters has responded to a letter from Blaydon MP Liz Twist about Newcastle United's takeover dispute.
Toon owner Mike Ashley has engaged in a legal argument with the Premier League to get answers on why a takeover with Saudi Arabia's PIF, Amanda Staveley and the Reuben brothers did not pass through the owners and director's test.
Masters has stated the issue will be resolved in a 'timely manner'.
In the letter, Masters said: "In relation to any specific ongoing legal matters Newcastle United recently announced that they have commenced arbitration matters against the Premier League in connection with the proposed takeover of the club.
"Arbitrations are held in private and this is no exception.
"There are generally good reasons why parties choose to have disputes resolved by way of confidential arbitration: for example, it can be more informal, it protects sensitive information and it encourages honestly and frankness from parties and witnesses."
"I would like to reiterate that it is the Premier League's desire to have the matter resolved in timely matter."
