Reuters - Newcastle United owner Mike Ashley said it is time for the "dark forces" preventing the Tyneside club from becoming a powerhouse to step aside, after initiating legal proceedings against the Premier League, British media reported. Premier League Chief Executive Richard Masters said the bid failed after the consortium declined an offer of independent arbitration and withdrew. "It's now time for the dark forces that are preventing this football club from becoming the powerhouse that the fans deserve to step aside," Ashley said in a statement to the British media on Thursday. A Premier League representative was not immediately available to respond to an emailed request for comment. "The claimant alleges that the defendant (Premier League) prevented, or hindered, the proposed takeover and knew that its actions would prevent and/or delay the proposed takeover," a court document stated.