Whitley mag
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Everything posted by Whitley mag
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Listened to parts 2 and 3 not interested in reliving the Ashley era, just basically regurgitating what we already know with some dramatic music in the background. The only real opinion on where we’re currently at comes from Chris Waugh in part 2. He can’t see how it gets approved, but consortium still believe a compromise can be found and talks still in background.
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We are not doing any arbitration the matter is with the court. This guy came u with another wrong information. Is that based on any inside knowledge or just an assumption? The guy that tweeted seems to be an arbitration lawyer, so might be better placed to make assumptions about the process. There has been nothing so far to confirm this is going to court, these QC’s will regularly settle disputes before court proceedings are needed. Which in our case is exactly what will happen, I’m fully expecting a positive conclusion to this in next couple of months.
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Mark Douglas posted a vid with a takeover update yesterday. The main points are this consortium aren’t going anywhere, which basically means nobody else is likely to entertain bidding for us at moment. The lawyers employed by Ashley also have a big track record of getting things done without the need of going to court. Certainly get the impression from watching this he thinks it’ll go through in some form eventually. https://www.chroniclelive.co.uk/sport/football/football-news/how-newcastle-united-takeover-continuing-18941465
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Facunda Pellistri is a name I’ve seen mentioned tonight.
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If it's true that they are meant to redo the checks on every club every 12 months then this is how they tackle this potential problem. Approve the deal then in 12 months, if there seems to have been influence from MBS, then do something about it. Good point give them benefit of doubt, the level of investment at risk warrants it.
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The PL are not a cash rich organisation either, the operation is actually quite small. This could get very tasty, especially in the current climate. One things for sure other clubs will be f***ing furious I believe the clubs can vote to fund the legal action. I doubt cash will be a problem for the PL. You sure with tv rebates owed due to covid, reduced income and wages at same level. I would doubt clubs will be willing to fund this legal fight at the moment.
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The PL are not a cash rich organisation either, the operation is actually quite small. This could get very tasty, especially in the current climate. One things for sure other clubs will be f***ing furious If the PL has the financial support of those other clubs they'll be alright. £10million off each of them should see them alright. Aye can see them being happy with that, we’ll be fucking hated
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My take after this week nothing has changed, the political pressure and moves will continue behind the scenes. Ashley clearly frustrated by lack of movement and getting his money, but crucially no statement from PCP to say it’s over. I notice Staveley’s husband is still liking posts on twitter apparently re takeover, where in a long game and they’re not done yet. In the meantime as much as I hate club in its current guise and was happy to see it and PL rot, I have changed my mind, and believe a solid steady season will aid us get this through. Any flirtation with relegation will only sow seeds of doubt on Saudi side. With the likes of Philip Hammond and senior govt officials lobbying for this we have powerful allies, and the PL will certainly need govt support during coming season. The make up and level of support with this bid will wear the bastards down eventually.