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Everything posted by Jinky Jim
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Some Reddit ITK saying Ashley's side are furious that the deal hasn't been announced yet as it's as good as done The king of saying fuck all, is upset that fuck all is being announced? Hmmm. What difference does it make? It's definitely bullshit. Nothing in this thread is bullshit?.....unbeleavable perhaps, but you never know 1 in a million might just be correct, and it keeps us happy to imagine what might happen?
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Message for all those people and organizations who are trying to scupper the takeover
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This guy’s got 9 followers so he must be ITK
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Can we add Jetro Willems to that list? I know he's not ours but i still want us to keep him. I’d keep Fernandez and give JoeLinton another year, if only for the fact we’d get Nowt for him
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The times doesn’t seem to like us much...keep peddling this. Are they being selective with their criticism’s...at the weekend they highlighted the government’s late response to COVID, but since have not followed it up...but Newcastle is a simpler target, lets keep up the pressure on them....never bought the paper in my life and certainly won’t be changing that.
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Oh look, a photo from SJP that may or may not be from today showing 2 reporters outside of SJP. You do know you posted your reply in the takeover optimism/twitter takeover bs thread right? Don't be so tight. Aye but come on, theirs not going to be a press conference during a lockdown man. ? We can pretend that there’s going to be loads of reporters suddenly appearing(keeping social distancing of course)...then a large screen will appear with a press conference being beamed direct from PL headquarters.....dream on
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Let’s pretend the takeover happened......are these the type of signings we might be going for. https://www.express.co.uk/sport/football/1272282/Newcastle-takeover-Edinson-Cavani-Dries-Mertens-transfer-talks-open-latest-news-rumours
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That’s why we’re highlighting it....the more bizarre the more amusing.
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This is the so called news.
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The state of those seats and the people in them man. The anger and despair written over every face is beautiful. Can't even pick a favourite. What’s even funnier is they went up the other end after Burton went 2-1 up and scored a perfectly good goal, which if allowed, would have given them at least a stay of execution....wonderful irony
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I love this comment I saw somewhere “ PIF are going to invest more in the NE than the Tories ever have.”
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No....I think he hates football....it’s just another irritant to him....all that concerns him is his SD
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I put up a tweet from him yesterday and I still don’t know who he is....but it’s interesting
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From “Willow” in the other thread. https://www.flightradar24.com/SVA115/2460e05f
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Nice words and very true. How this corrupt regime has brainwashed a lot of fans into accepting zilch ambition is beyond me. With or without this takeover, this club is massive and let no one tell you otherwise. Never a truer word spoken!
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Someone on twitter earlier said that a plane from Saudi was on the flight path to Newcastle. Could tie in with the meeting on Tuesday? Ooh flight alert...i love a bizarre plane spot and the always positive reasons behind why and where its flying from/to...great entertainment
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Don’t know who this bloke is...he has 60 odd thousand followers....But I like his jib
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Big Mac’s(no pun intended) take on the takeover:- https://www.theguardian.com/football/2020/apr/19/newcastle-takeover-this-is-a-chance-to-become-a-seriously-big-club-again
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Tremendously put and remember it all so well. This is what has me excited again, to get close to how it all felt back then is going to be amazing and for those people who were not around at that time to enjoy it, like Minhosa said, buckle up as it is a fucking amazing ride. I can go back a bit earlier 1969 semi final fairs cup v Rangers...a packed St James with 45,000 baying geordies and 15000 mental Rangers supporters...what a night in front of the floodlights.....those days of European football in the 60’s early 70’s ....I want more of that.
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https://www.independent.co.uk/sport/football/premier-league/newcastle-united-takeover-saudi-arabia-mike-ashley-amanda-staveley-epl-a9469211.html
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Another Lawyers Take of the Documents presented earlier in the week.....A long read but interesting:- So, as I’m bored of doing proper legal work, here’s my take on why Martin Samuel, Lee Ryder etc. are almost definitely* wrong about there being a possibility Ashley can still pull the plug on the takeover. To set the scene, what we’ve seen uploaded onto CH is a document which shows: (i) SJHL (i.e. Newcastle) have loaned an unconfirmed sum to Staveley. This, as per the documents uploaded, is under the “Vendor Loan Agreement”; and (ii) PCP (i.e. Staveley’s firm) have provided security to SJHL. As a result, should Staveley default on her repayment obligations under the Vendor Loan Agreement SJHL will be able to enforce their security against PCP to ensure they are repaid. There’s some confusion among the other lawyers commenting on this point on Twitter but, irrespective of this, what everyone is in agreement about is that these documents impose upon Staveley (and potentially PCP in the event of a default) binding legal obligations. As per the documents we’ve seen, these obligations have existed since 8 April (in regards to the Vendor Loan Agreement, we know this was signed “on or about [this] date”). Now, as to why this almost certainly suggests the parties (i.e. Ashley, Staveley, PCP and the Saudis) have came to a legally binding agreement in regards to the purchase of the club is as follows: in any reasonably sized commercial transaction there is numerous contracts which will be signed by all parties. We’ve seen some of these, i.e. the security documentation uploaded onto CH, and know others exist, i.e. the Vendor Loan Agreement. All of these contracts once signed provide for legally binding obligations. However, naturally, no party will be satisfied in signing up to these contracts until the main purchase agreement is also signed. This is the Share Purchase Agreement (the “SPA”). By way of example, why would Staveley and PCP be happy to loan funds, be obliged to repay such funds and provide security for such funds if they were not 100% certain (subject to passing the Premier League’s tests) the club was theirs? As a result of this, all documents are “executed” at the same time. The process works as follows: • lawyers on both sides collate their client’s signed signature pages to the various documents; • the various transaction documents are all agreed, with all parties providing express confirmation that they have no further issues; • one set of lawyers (usually the buyers’) then attach all signed signature pages to all documents and date the documents. As to why you see language such as “X agreement signed on or about the date of this agreement” when other transaction documents are cross-referenced is purely logistical i.e. it saves the lawyers having to add another date into the document other than the one at the top; • the lawyers who have dealt with the above then circulate the signed and dated documents to each party, requesting express confirmation that they may come into effect (“releasing” the signatures). This will include all documents, i.e. the SPA, the documents mentioned above and other ancillary documents; and • finally, once all parties have responded to the above, the documents have legal effect. This only occurs once all parties have agreed for each document to come into force. As a result of the above, the documents we have seen only came into effect because all transaction documents are now signed. Of course, there’s a chance the lawyers have been negligent, but considering how basic this stuff is there is less than 1% of a chance this happened. This why as soon as I saw the documents uploaded to CH I was certain the deal was signed (this was before the reports in the press). My view is that the parties signed all documents on Wednesday last week, which fits with papers being submitted to the Prem for approval before the weekend. *Ashley could still “refuse to hand the keys over” of course, but this would have serious legal ramifications. In any event, Staveley etc. could apply for a court order which would force Ashley to assign his shares in the club to them. EDIT: Seems Mark Douglas confirmed on Twitter that the SPA has been signed while I was typing this. Makes my explanation somewhat obsolete but will hopefully settle some more nerves!
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What's the mobile bit? Think if you upload from a phone it tags the word mobile in front of the word twitter....at least when i do it from an iPad the word mobile doesn’t appear...so that’s my guess
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Don’t think everyone knows how to put up a twitter picture link....if not you can click the arrow in Twitter and then copy link to tweet....IF THAT HELPS
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If its like buying a house once papers have been signed by both parties and sent to the lawyers/estate agents then any party that backs out results in a large financial penalty...and when we are talking about a £300 million takeover, then cancelling would cost a fortune...It’s how i read it anyway.