Ketsbaia Posted January 3, 2018 Share Posted January 3, 2018 The curry was on 13th December too, so that was a celebratory meal. Link to post Share on other sites More sharing options...
Charlies Posted January 3, 2018 Share Posted January 3, 2018 https://mobile.twitter.com/TomBenbow/status/948388558712332289 Amanda Staveley and Cantervale: What does it mean for Newcastle United? January 02, 2018 Amanda Stavely and Cantervale: What does it mean for Newcastle United? After tweeting about the establishment of ‘Cantervale Limted’, I’ve had a few fellow Newcastle fans in touch. Most of who to ask what on earth I’m talking about. So, I decided to write an article discussing the implications this company has on the sale of Newcastle United Football Club. To better understand what’s going on, I decided to look back on the sale of Manchester City from Thaksin Shinawatra to the Abu Dhabi United Group (ADUG) in Summer 2008, which was brokered by Staveley. This will give us an idea of how Amanda likes to conduct business, and how she and her Lawyer/Business partner Craig Farquhar have structured deals in the past. In Spring 2008, the Thai government froze Thaksin Shinawatra’s $750 million bank account, and brought proceedings to extradite him.This would make him in breach of Premier League regulations, deemed ‘unfit to be an owner’, then forced to sell the club. Anticipating this, Amanda Staveley established ‘PCP Capital Partners’ in May, a company with 2 shares which she owned outright. This company was set to be used as a vehicle for the Abu Dabhi United Group to purchase the club. So, you’re asking, how is this relevant to Newcastle United? Well, yesterday Amanda established ‘Cantervale Limited’ a company with 1 share owned by herself. This company has extremely close links to PCP in 2 ways. Firstly, it is registered from the same luxury apartment as PCP, ‘130 Park Lane, W1K 7AE’, in Central London. Secondly, ‘Penhallow Company Services Limited’ is registered as the agent of Cantervale, making Penhallow and Cantervale part of the same corporate group. Penhallow is owned outright by Mr Craig Farquhar, the same man Staveley worked with to broker the purchase of Man City. As well as having close ties to PCP in terms of location and personnel, the structure of the companies emerging is like that of the City Deal. In having only one share owned by Staveley, Cantervale is indicative of a ‘vehicle company’, akin to PCP’s role in the City Deal. In said deal, Staveley was a broker for ADUG, receiving a ‘commission’ with Mr Craig Farquhar as her Legal Consultant. I believe Staveley will broker the deal for NUFC herself, using Cantervale as a vehicle, while continuing to legally reside in Dubai. Rather than acting as an employee, Craig Farquhar will now be a business partner, with Penhallow being established to give him commission of his own. (If you're still awake), this structure would’ve never have been put in place if she wasn’t certain it would be used. Firstly, she wouldn’t waste the Company Registration fee and her time otherwise. Secondly, Amanda hasn’t set up any companies since PCP at all, other than the ‘Amanda Staveley foundation’. This is despite her extended negotiations over Liverpool Football Club back in 2008, demonstrating she doesn’t set up vehicle companies light-heartedly, or over-speculatively. A few sceptics have dismissed this as nothing due to the confidentiality agreement between Staveley and Ashley. However, this couldn’t be more irrelevant. Information on every company registered is publicly available, regardless of any private agreements. From a legal perspective, I’m 99% confident of a sale going through in the next fortnight. Put the Brown Ale on ice, because Mike Ashley is finally getting out of the club. Link to post Share on other sites More sharing options...
Altamullan Posted January 3, 2018 Share Posted January 3, 2018 This is the first time she has started a company since the City takeover... ... dum, dum; dum, dum; dum dum; da da da da; dum, dum; Link to post Share on other sites More sharing options...
LV Posted January 3, 2018 Share Posted January 3, 2018 https://mobile.twitter.com/TomBenbow/status/948388558712332289 Amanda Staveley and Cantervale: What does it mean for Newcastle United? January 02, 2018 Amanda Stavely and Cantervale: What does it mean for Newcastle United? After tweeting about the establishment of ‘Cantervale Limted’, I’ve had a few fellow Newcastle fans in touch. Most of who to ask what on earth I’m talking about. So, I decided to write an article discussing the implications this company has on the sale of Newcastle United Football Club. To better understand what’s going on, I decided to look back on the sale of Manchester City from Thaksin Shinawatra to the Abu Dhabi United Group (ADUG) in Summer 2008, which was brokered by Staveley. This will give us an idea of how Amanda likes to conduct business, and how she and her Lawyer/Business partner Craig Farquhar have structured deals in the past. In Spring 2008, the Thai government froze Thaksin Shinawatra’s $750 million bank account, and brought proceedings to extradite him.This would make him in breach of Premier League regulations, deemed ‘unfit to be an owner’, then forced to sell the club. Anticipating this, Amanda Staveley established ‘PCP Capital Partners’ in May, a company with 2 shares which she owned outright. This company was set to be used as a vehicle for the Abu Dabhi United Group to purchase the club. So, you’re asking, how is this relevant to Newcastle United? Well, yesterday Amanda established ‘Cantervale Limited’ a company with 1 share owned by herself. This company has extremely close links to PCP in 2 ways. Firstly, it is registered from the same luxury apartment as PCP, ‘130 Park Lane, W1K 7AE’, in Central London. Secondly, ‘Penhallow Company Services Limited’ is registered as the agent of Cantervale, making Penhallow and Cantervale part of the same corporate group. Penhallow is owned outright by Mr Craig Farquhar, the same man Staveley worked with to broker the purchase of Man City. As well as having close ties to PCP in terms of location and personnel, the structure of the companies emerging is like that of the City Deal. In having only one share owned by Staveley, Cantervale is indicative of a ‘vehicle company’, akin to PCP’s role in the City Deal. In said deal, Staveley was a broker for ADUG, receiving a ‘commission’ with Mr Craig Farquhar as her Legal Consultant. I believe Staveley will broker the deal for NUFC herself, using Cantervale as a vehicle, while continuing to legally reside in Dubai. Rather than acting as an employee, Craig Farquhar will now be a business partner, with Penhallow being established to give him commission of his own. (If you're still awake), this structure would’ve never have been put in place if she wasn’t certain it would be used. Firstly, she wouldn’t waste the Company Registration fee and her time otherwise. Secondly, Amanda hasn’t set up any companies since PCP at all, other than the ‘Amanda Staveley foundation’. This is despite her extended negotiations over Liverpool Football Club back in 2008, demonstrating she doesn’t set up vehicle companies light-heartedly, or over-speculatively. A few sceptics have dismissed this as nothing due to the confidentiality agreement between Staveley and Ashley. However, this couldn’t be more irrelevant. Information on every company registered is publicly available, regardless of any private agreements. From a legal perspective, I’m 99% confident of a sale going through in the next fortnight. Put the Brown Ale on ice, because Mike Ashley is finally getting out of the club. Can’t wait to get the new Farquhar in and the fat Farquhar out. Link to post Share on other sites More sharing options...
Guest The Little Waster Posted January 3, 2018 Share Posted January 3, 2018 Link to post Share on other sites More sharing options...
Si Posted January 3, 2018 Share Posted January 3, 2018 Link to post Share on other sites More sharing options...
Kaizero Posted January 3, 2018 Share Posted January 3, 2018 My feels right now: Link to post Share on other sites More sharing options...
Mattoon Posted January 3, 2018 Share Posted January 3, 2018 Well I, for one, welcome our new Shrek overlords. Link to post Share on other sites More sharing options...
TRon Posted January 3, 2018 Share Posted January 3, 2018 Well I'm glad I didn't log on last night, this talk would have done my head in. Today is going to be a write off though. Link to post Share on other sites More sharing options...
Toonjam88 Posted January 3, 2018 Share Posted January 3, 2018 I am off today to look after me kids. My wife wanted me to grout the bathroom clean the house etc. Unfortunately I will be sitting refreshing twitter all day. Link to post Share on other sites More sharing options...
Wilson Posted January 3, 2018 Share Posted January 3, 2018 I hope the headline is better than toon arab mind Link to post Share on other sites More sharing options...
Altamullan Posted January 3, 2018 Share Posted January 3, 2018 Fig on the Tyne... Geordie Arabia... Link to post Share on other sites More sharing options...
Collage Posted January 3, 2018 Share Posted January 3, 2018 Saudi Geordie Link to post Share on other sites More sharing options...
Kasper Posted January 3, 2018 Share Posted January 3, 2018 Fairly sure Lee's going for the "nothing imminent, things progressing normally" update today. Link to post Share on other sites More sharing options...
Altamullan Posted January 3, 2018 Share Posted January 3, 2018 Ma’ al-salāmah Pet! Here you are chaps, an Arabic word per day: https://www.google.co.uk/amp/s/wordadayarabic.com/2012/12/21/you-say-goodbye-and-i-say-hello/amp/ Link to post Share on other sites More sharing options...
cookidge Posted January 3, 2018 Share Posted January 3, 2018 Dune Army Link to post Share on other sites More sharing options...
themanupstairs Posted January 3, 2018 Share Posted January 3, 2018 Sheikh, rattle and roll. Tick, tack, camel toe. 1892 nights. Link to post Share on other sites More sharing options...
themanupstairs Posted January 3, 2018 Share Posted January 3, 2018 Ma’ al-salāmah Pet! :lol: Link to post Share on other sites More sharing options...
Sean Posted January 3, 2018 Share Posted January 3, 2018 Have any reliable journalists spoken yet? Seems very very quiet from the usual sources. Link to post Share on other sites More sharing options...
Collage Posted January 3, 2018 Share Posted January 3, 2018 Funky Toon Medina Link to post Share on other sites More sharing options...
Wilson Posted January 3, 2018 Share Posted January 3, 2018 How-amanda arabs are coming! Link to post Share on other sites More sharing options...
themanupstairs Posted January 3, 2018 Share Posted January 3, 2018 Funky Toon Medina Will suffice Link to post Share on other sites More sharing options...
Collage Posted January 3, 2018 Share Posted January 3, 2018 Dune Army If we're relegated it'll be Doon Army Link to post Share on other sites More sharing options...
Guest Posted January 3, 2018 Share Posted January 3, 2018 Have any reliable journalists spoken yet? Seems very very quiet from the usual sources. They'll be in the same boat as us wondering if that new company means anything. Link to post Share on other sites More sharing options...
Altamullan Posted January 3, 2018 Share Posted January 3, 2018 ? The oil on the Tyne, is all mine, all mine... ? Link to post Share on other sites More sharing options...
Recommended Posts