Broadsword

So it does beg the question, as I originally posted, why aren’t they putting up the relevant people for this test, what are they trying to hide? Do the PL know that they will fail? Do the Saudis know they will fail. All a bit strange. Maybe the premier league are corrupt and are being influenced but all they can do is test the relevant people. If those people are not put forward then they can refuse to pass it.

step 2 is wrong. According to Staveley it’s the PL request to put SA as director. step 2 is wrong. According to Staveley it’s the PL request to put SA as director. I will bow down to a more knowledgable person who can show me in company law where a country can be a director. You are hanging on to this as if it’s gospel when it is so clearly not right it’s laughable. As I said all parties except PL are saying this is the case. PL is silenced. Go ahead. You are wasting my time. Some things make sense and somethings don’t make sense. That doesn’t make sense and when there are solicitors involved they will know what can and cannot be done. So while those words came out of her mouth, they were said for impact. The only thing that makes sense is that they want the SA government to be the owners. What you you are suggesting doesn’t make sense. So you can continue to believe the misinformation at face value or try to make some sense out of the nonsense that is said about this deal.

step 2 is wrong. According to Staveley it’s the PL request to put SA as director. I will bow down to a more knowledgable person who can show me in company law where a country can be a director. You are hanging on to this as if it’s gospel when it is so clearly not right it’s laughable.

Nicely put, I think that is correct but I do believe the PL have told them what needs to happen.

The UK Government have just invested in OneWeb, would thy have acquiesced if the regulators wanted to to investigate the Queen and her personal business before they approved the deal? If there was an owners and directors test required for the purchase of one web then yes she would. If she had the power to make the decisions of course. Does she? You're mental if you actually believe that. The US govt can't even go after Prince Nonce-a-lot. So she would just bypass the rules? That’s a whole different ball game there though.

The UK Government have just invested in OneWeb, would thy have acquiesced if the regulators wanted to to investigate the Queen and her personal business before they approved the deal? If there was an owners and directors test required for the purchase of one web then yes she would. If she had the power to make the decisions of course. Does she?

More precisely it’s the whole SA that is subject to the test. Now let’s think, how to prove that “a country” can pass all the requirements? A country? Everyone in SA? No, it’s just the owners of the PIF, the whole country doesn’t own the PIF. There will be trustees that PIF are putting forward but in reality the rulers will own the PIF. So who is it? And why are these people not prepared to take the test. I just don’t know why it took so long to get to that single question. Staveley said PL request to put SA as the director, not just the owner of the PIF. That means SA is subject to the test. You got it wrong Staveley is talking bullshit there though. That’s not possible. She means the government not the whole of SA. That would be and easy win if that is indeed what they said, which they wouldn’t. The directors of the PIF are not the controllers, the SA public are not the controllers. Who pulls the strings? They’ve maintained all along that PIF are a separate entity. As soon as others are brought in to the test it goes against that stance. However, the PL are not in a position to decide who is classed a director or not. Nope they are not but the test is owners and directors. They have an obligation to identify the owners. Very complicated as everything will be in trust for the good of SA as a whole, but, someone will be the ultimate decision maker. If the PL are not convinced by what they are being told and PIF are not putting forward the names of the controlling party then it’s stalemate. This won’t go through unless MBS takes the test or the whole deal is restructured. I believe they had reassurance that the current structure would be good enough but incorrectly so. I don’t understand why would you assume PIF not putting forward the names of the controlling party? And in fact why would you assume BSA could not pass the test? Yeah, that was my first point, why aren’t they and why wouldn’t he pass it.

More precisely it’s the whole SA that is subject to the test. Now let’s think, how to prove that “a country” can pass all the requirements? A country? Everyone in SA? No, it’s just the owners of the PIF, the whole country doesn’t own the PIF. There will be trustees that PIF are putting forward but in reality the rulers will own the PIF. So who is it? And why are these people not prepared to take the test. I just don’t know why it took so long to get to that single question. Staveley said PL request to put SA as the director, not just the owner of the PIF. That means SA is subject to the test. You got it wrong Staveley is talking bullshit there though. That’s not possible. She means the government not the whole of SA. That would be an easy win for Staveley if that is indeed what they said, which they wouldn’t of said. The directors of the PIF are not the controllers, the SA public are not the controllers. Who pulls the strings? How do you know she is bullshitting? Now all parties involved say this is the case (Staveley Ashley Reuben) and PL is silenced. Unless PL makes a statement and explained what happened and why they did not make any decisions for 4 months how do you know Staveley is bullshiting? Yea that’s why it is fucking ridiculous that SA is the director. And I can tell you even if it’s SA government it’s also idiotic. So ALL SA gov individuals need to disclose details and subject to checking? Instead of those who really got the power? So say a street cleaner employed by the SA gov also need to be tested? Are you for real? Haha you are so missing the point dude. A country cannot be a director, that’s why I know it’s bullshit. Does the street cleaner own any part of the PIF? Nope of course not. It’s about like John Lewis, who owns them? All of the staff have shares and there is no one owner but there is a board of elected directors. The directors don’t own John Lewis. So there’s no point the directors taking the owners part of the test is there? The staff are the owners right? But for the PIF who owns that? Who are the shareholders of the PIF? And who elects the directors for the PIF. I suspect it is MBS. I don’t know if the public get to vote on that like the staff of John Lewis likely do.

More precisely it’s the whole SA that is subject to the test. Now let’s think, how to prove that “a country” can pass all the requirements? A country? Everyone in SA? No, it’s just the owners of the PIF, the whole country doesn’t own the PIF. There will be trustees that PIF are putting forward but in reality the rulers will own the PIF. So who is it? And why are these people not prepared to take the test. I just don’t know why it took so long to get to that single question. Staveley said PL request to put SA as the director, not just the owner of the PIF. That means SA is subject to the test. You got it wrong Staveley is talking bullshit there though. That’s not possible. She means the government not the whole of SA. That would be and easy win if that is indeed what they said, which they wouldn’t. The directors of the PIF are not the controllers, the SA public are not the controllers. Who pulls the strings? They’ve maintained all along that PIF are a separate entity. As soon as others are brought in to the test it goes against that stance. However, the PL are not in a position to decide who is classed a director or not. Nope they are not but the test is owners and directors. They have an obligation to identify the owners. Very complicated as everything will be in trust for the good of SA as a whole, but, someone will be the ultimate decision maker. If the PL are not convinced by what they are being told and PIF are not putting forward the names of the controlling party then it’s stalemate. This won’t go through unless MBS takes the test or the whole deal is restructured. I believe they had reassurance that the current structure would be good enough but incorrectly so.

More precisely it’s the whole SA that is subject to the test. Now let’s think, how to prove that “a country” can pass all the requirements? A country? Everyone in SA? No, it’s just the owners of the PIF, the whole country doesn’t own the PIF. There will be trustees that PIF are putting forward but in reality the rulers will own the PIF. So who is it? And why are these people not prepared to take the test. I just don’t know why it took so long to get to that single question. Staveley said PL request to put SA as the director, not just the owner of the PIF. That means SA is subject to the test. You got it wrong Staveley is talking bullshit there though. That’s not possible. She means the government not the whole of SA. That would be an easy win for Staveley if that is indeed what they said, which they wouldn’t of said. The directors of the PIF are not the controllers, the SA public are not the controllers. Who pulls the strings?

I think you will find the the PL come out and say that that believe MBS controls the PIF and wouldn’t sit the test.

More precisely it’s the whole SA that is subject to the test. Now let’s think, how to prove that “a country” can pass all the requirements? A country? Everyone in SA? No, it’s just the owners of the PIF, the whole country doesn’t own the PIF. There will be trustees that PIF are putting forward but in reality the rulers will own the PIF. So who is it? And why are these people not prepared to take the test. I just don’t know why it took so long to get to that single question.

Morally yes, but legally what is there that would make him fail? There must be something that would make him legally fail otherwise I’m sure they would have him involved. If he controls the state and the state controls the PIF then he would control NUFC. Who owns the PIF? It is ok putting up all the directors but what about the owners part of the owners and directors test? All this talk but really this is the crux of it. He wouldn’t need to sit on the board of directors of nufc but surely he needs to pass the owners and directors test.

Am I missing something but why is MBS not prepared to take the OD test? And more importantly why would he fail?

I think MBS would have been the ultimate controlling party and the PL knew this. Maybe MBS didnt fancy being put through the test. All this talk of the PIF or the state being a director is BS really cos MBS woudl still be the controlling party. I just don't think they would ever pass these tests if MBS didn't want to take part.

I reckon the deal is £340m anyway as that ties up the 5% 17m deposit. He wouldn’t risk it for £10m would he?

Or PIF havent been givng suitable answers.

Quite fundamental who is the decision maker really. Thats why these tests were introduced, wasn't it Leeds at some point where no one knew who owned the club? If they cannot answer those questions then there is something very wrong from the PIF side of things. I mean the PL need to know who to test.

Its happening. https://beta.companieshouse.gov.uk/company/12415316/persons-with-significant-control

Don’t wield the ban Hermmer.

Lools snowflakes the lot of you. Caused me a heart murmur that did. Thought I’d share.

Totally got me that.

£30m onerous wages provision, basically writing off future wages this year on players who will never play again. The total loss is really £15m not £45m. Sly accounting trick I think.

Must be why Colos meeting was postponed till today. Mbiwa signs and Colo goes.

Think you need to read what he actually posted.