Minhosa Posted October 30, 2017 Share Posted October 30, 2017 Maybe there's a possibility a deal could be agreed in principle allowing investment in January but not completion of the takeover. Like taking a share of the business prior to taking it in full over time. Can't imagine Staveley wanting to get into bed with Ashley, even if it's just for a quick bunk up until the summer. I'd agree with Purslow too. Can't imagine a deal of this magnitude would be done by Xmas unless some very very serious players are buying us and the thought of dropping £350m comes easy to them. Then, if that's the case, then woah are we in for a ride. Link to post Share on other sites More sharing options...
Guest chopey Posted October 30, 2017 Share Posted October 30, 2017 HRMC must have a big say in all this Link to post Share on other sites More sharing options...
Minhosa Posted October 30, 2017 Share Posted October 30, 2017 HRMC must have a big say in all this If the potential liabilities are broadly known, I don't think it'll be as big a deal as the press are making out. They'll probably just agree to hold £xxm in an account until resolved. If it's less than expected then Ashley will get a bit more and if it's more then there'll be some agreement about how it's paid but if Ashley is prepared to accept liability for it then we'll be fine. If he's not, then it would be a major problem which will affect any purchase price as you're essentially buying a much riskier investment. Link to post Share on other sites More sharing options...
1964 Posted October 30, 2017 Share Posted October 30, 2017 HRMC must have a big say in all this And don’t forget HMRC they will have a big say as well, probably more than HRMC Link to post Share on other sites More sharing options...
Guest chopey Posted October 30, 2017 Share Posted October 30, 2017 HRMC must have a big say in all this And don’t forget HMRC they will have a big say as well, probably more than HRMC You monster Link to post Share on other sites More sharing options...
1964 Posted October 30, 2017 Share Posted October 30, 2017 Meant to add a ? otherwise I look a right smartarse twat Link to post Share on other sites More sharing options...
Mole_Toonfan Posted October 30, 2017 Share Posted October 30, 2017 As fucking if Purslow knows anything about this. Link to post Share on other sites More sharing options...
Blueview Posted October 30, 2017 Share Posted October 30, 2017 Maybe there's a possibility a deal could be agreed in principle allowing investment in January but not completion of the takeover. Like taking a share of the business prior to taking it in full over time. PCP could sign a letter of intent, I understand that was the process for the Man City sale. Yup.. The actual takeover took place a month or so later. But "everyone" knows that City was sold on deadline day. At City it was talks followed by being given numbers and then there was a letter of intent. Followed by due deligence followed by a bit of horsetrading as there was an iffy £25m debt before everything was signed. Link to post Share on other sites More sharing options...
Stifler Posted October 30, 2017 Share Posted October 30, 2017 Nothing will happen tomorrow, in fact I’d be surprised if Ryder even has one of articles that says nothing about it. Link to post Share on other sites More sharing options...
Odear Posted October 31, 2017 Share Posted October 31, 2017 Even if they had a deal agreed, it would make no sense to announce it now. We have to get to January with the squad we have. There will be more nights like tonight. Amanda Staveley won’t want that.. whoever she’s acting on behalf for will want a similar deal to how City was announced. It’ll be during or just before the window opens.. plenty of good will and a fresh start. Why would PCP want to take the flack for Mike Ashley’s lack of investment? Link to post Share on other sites More sharing options...
loki679 Posted October 31, 2017 Share Posted October 31, 2017 Even if they had a deal agreed, it would make no sense to announce it now. We have to get to January with the squad we have. There will be more nights like tonight. Amanda Staveley won’t want that.. whoever she’s acting on behalf for will want a similar deal to how City was announced. It’ll be during or just before the window opens.. plenty of good will and a fresh start. Why would PCP want to take the flack for Mike Ashley’s lack of investment? I don't think anyone would give them any flak for the lack of investment from before they took over. Link to post Share on other sites More sharing options...
Guest The Little Waster Posted October 31, 2017 Share Posted October 31, 2017 Maybe itll be like a PCP deal ... Amanda leaves a small deposit followed by regular payments over 42 months with a balloon payment at the end ?????? Link to post Share on other sites More sharing options...
mrmojorisin75 Posted October 31, 2017 Share Posted October 31, 2017 Even if they had a deal agreed, it would make no sense to announce it now. We have to get to January with the squad we have. There will be more nights like tonight. Amanda Staveley won’t want that.. whoever she’s acting on behalf for will want a similar deal to how City was announced. It’ll be during or just before the window opens.. plenty of good will and a fresh start. Why would PCP want to take the flack for Mike Ashley’s lack of investment? I don't think anyone would give them any flak for the lack of investment from before they took over. Of course they fucking wouldn't Link to post Share on other sites More sharing options...
Stal Posted October 31, 2017 Share Posted October 31, 2017 I don't know as it's not my area of expertise, but the issue with HMRC; won't it be the individuals involved that will be in trouble and not the actual club? I know that a company must have a named person who is responsible in case legal action has to be brought and it's that individual who would face charges and penalties. In our case, it was charnley who was arrested. What I'm not sure on, and haven't seen any expert commentary on it anywhere, is in such a matter who is directly responsible, what sanctions would be met and what the knock on effect could be (league standing etc)? Link to post Share on other sites More sharing options...
Minhosa Posted October 31, 2017 Share Posted October 31, 2017 I don't know as it's not my area of expertise, but the issue with HMRC; won't it be the individuals involved that will be in trouble and not the actual club? I know that a company must have a named person who is responsible in case legal action has to be brought and it's that individual who would face charges and penalties. In our case, it was charnley who was arrested. What I'm not sure on, and haven't seen any expert commentary on it anywhere, is in such a matter who is directly responsible, what sanctions would be met and what the knock on effect could be (league standing etc)? Will more than likely be the limited company if it's questionable or a grey area. In fact, it'll more than likely be the Ltd company in most instances I would think. Link to post Share on other sites More sharing options...
Sir Toon Posted October 31, 2017 Share Posted October 31, 2017 Nothing will happen tomorrow, in fact I’d be surprised if Ryder even has one of articles that says nothing about it. Could be true as it's Mark Douglas that has done the latest regurgitated one. http://www.chroniclelive.co.uk/sport/football/football-news/newcastle-united-takeover-timeline-whats-13834135 Link to post Share on other sites More sharing options...
TK-421 Posted October 31, 2017 Share Posted October 31, 2017 So anyway, what time does the NYSE open, then?? Link to post Share on other sites More sharing options...
FloydianMag Posted October 31, 2017 Share Posted October 31, 2017 So anyway, what time does the NYSE open, then?? Around 1pm U.K. time. Link to post Share on other sites More sharing options...
bowlingcrofty Posted October 31, 2017 Share Posted October 31, 2017 One hand in the air for the big city... Link to post Share on other sites More sharing options...
Sho Time Posted October 31, 2017 Share Posted October 31, 2017 Nowt. Ban Fenham Mag. Link to post Share on other sites More sharing options...
FloydianMag Posted October 31, 2017 Share Posted October 31, 2017 Nowt. Ban Fenham Mag. NYSE doesn’t open until 1pm, until then Fenham Mag has the benefit of the doubt! Link to post Share on other sites More sharing options...
loki679 Posted October 31, 2017 Share Posted October 31, 2017 Prepare the pitchforks Link to post Share on other sites More sharing options...
FloydianMag Posted October 31, 2017 Share Posted October 31, 2017 Prepare the pitchforks If nowt happens he should be burnt at the stake Link to post Share on other sites More sharing options...
gdm Posted October 31, 2017 Share Posted October 31, 2017 Nowt. Ban Fenham Mag. Ban at 1:05pm Link to post Share on other sites More sharing options...
Charlies Posted October 31, 2017 Share Posted October 31, 2017 How would people feel about a Saudi owner? Link to post Share on other sites More sharing options...
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