Mike Ashley (former owner) (still alive)

[Kanj]

@NUFC360 twitter account linked the below.

 

https://www.lawinsport.com/topics/articles/item/a-guide-to-the-owners-and-directors-test-in-english-football

[Rosenrot]

This is clearly not going to happen is it. 

[Guest godzilla]

This is clearly not going to happen is it. 

 

Here's another one 

[Gallowgate End]

This is clearly not going to happen is it. 

[STM]

My remaining worry, is that both Kenyon and Staveley seemed under the impression that they had or would have agreements with him, only for him to pull the rug out at the fi  stages.

 

I hope they know who they are dealing with.

[Ikon]

@NUFC360 twitter account linked the below.

 

https://www.lawinsport.com/topics/articles/item/a-guide-to-the-owners-and-directors-test-in-english-football

 

Some twitter user (lawyer) claimed that there's strong rumors of Richard Barham working on the deal with Ashley. That person then withdrew that and deleted his post. Yeah, it doesn't mean anything.

[B-more Mag]

@NUFC360 twitter account linked the below.

 

https://www.lawinsport.com/topics/articles/item/a-guide-to-the-owners-and-directors-test-in-english-football

 

Confirms how I read the rules:

 

Neither here nor there really, but I figured I'd look up the procedures that trigger the owners' and directors' test. Under Rule F.4 of the Rules of the Premier League, Sheikh KbZ would have to give the PL an "Owners’ and Directors’ Declaration" in the form of PL Form 5 at least 10 working days before he becomes a Director (a defined term that includes a controlling owner). Upon submission of that declaration, the PL has 5 working days to tell the club whether the proposed Director is liable or not to be disqualified under the owners' and directors' test. Boring Milner, etc.

 

Any term sheet or binding agreement would have a contingency in it for passing the test. The seller really wouldn't usually have much of anything to say publicly unless and until it's clear that the buyer can actually own the club and the contingency is satisfied. Of course most clubs would also lock the buyer down with a NDA that makes even the fact that discussions are happening confidential information that can't be disclosed without the seller's agreement, but Ashley's gonna Ashley.

[LV]

@NUFC360 twitter account linked the below.

 

https://www.lawinsport.com/topics/articles/item/a-guide-to-the-owners-and-directors-test-in-english-football

 

Some twitter user (lawyer) claimed that there's strong rumors of Richard Barham working on the deal with Ashley. That person then withdrew that and deleted his post. Yeah, it doesn't mean anything.

 

Who is he, beyond being the author of that article?

[Guest Open_C]

Why do (some) people have this sense of expectation that the fanbase should be kept posted on progress/legitimacy..? It's nowt to do with us

[Guest godzilla]

My remaining worry, is that both Kenyon and Staveley seemed under the impression that they had or would have agreements with him, only for him to pull the rug out at the fi  stages.

 

I hope they know who they are dealing with.

 

Not signed though big difference. You're right you can never underestimate Ashley, but we can only go off what we know. Ashley has signed a document to the deal and the group are saying everything has been agreed, which has not currently been denied by Ashley. I firmly believe he wants to sell to concentrate on what he does best (and he has lost a decent amount of revenue in this area also) and the £350 million quote would result in a decent profit against a 12 year period of free advertisement. 

[Stifler]

@NUFC360 twitter account linked the below.

 

https://www.lawinsport.com/topics/articles/item/a-guide-to-the-owners-and-directors-test-in-english-football

 

Some twitter user (lawyer) claimed that there's strong rumors of Richard Barham working on the deal with Ashley. That person then withdrew that and deleted his post. Yeah, it doesn't mean anything.

Works for Dentons who Ashley was using to sell the club, was also involved in the Man City takeover.

[Gallowgate End]

“Hundreds of MoUs,Many of foreign Investment,Lots of promises..Yet no employment rise and infrastructure is under developed”

 

Seems they get a lot of that in that region fake mou investment agreements meaning you arn’t actually contracted to invest.

 

No wonder Sheikh Brendan Rodgers biggest “investment” was just a mou investment

 

$2billion investment apparently.

 

If they’ve actually got that kind of money they will get the deal with us over the line but they won’t becuase they don’t deliver and they don’t have that money.

 

They didn’t for Liverpool and they won’t for us.

 

[Ikon]

Wonder why Rafa's so quiet.. Is he not allowed to make public comments about his contract situation anymore?

[Carlito]

Wonder why Rafa's so quiet.. Is he not allowed to make public comments about his contract situation anymore?

 

Watching SSN

 

[UncleBingo]

“Hundreds of MoUs,Many of foreign Investment,Lots of promises..Yet no employment rise and infrastructure is under developed”

 

Seems they get a lot of that in that region fake mou investment agreements meaning you arn’t actually contracted to invest.

 

No wonder Sheikh Brendan Rodgers biggest “investment” was just a mou investment

 

$2billion investment apparently.

 

If they’ve actually got that kind of money they will get the deal with us over the line but they won’t becuase they don’t deliver and they don’t have that money.

 

Neil Mitchell who lives in Dubai and has very good contacts there says they're a big concern and have a good name in that part of the world. Why would he say that?

[Dokko]

“Hundreds of MoUs,Many of foreign Investment,Lots of promises..Yet no employment rise and infrastructure is under developed”

 

Seems they get a lot of that in that region fake mou investment agreements meaning you arn’t actually contracted to invest.

 

No wonder Sheikh Brendan Rodgers biggest “investment” was just a mou investment

 

$2billion investment apparently.

 

If they’ve actually got that kind of money they will get the deal with us over the line but they won’t becuase they don’t deliver and they don’t have that money.

 

You’re as mad as a honey badger on acid, and as bi-polar two-face’s coin spinning for eternity but you’ve upped your entertainment game since the Eddie Howe days. 

[jdckelly]

One thing I can say with certainty is that this kind of shit show wouldn't be going on around a club that's run anywhere remotely close to competently.

struggle to see what the club has done wrong (in this case) they won't say anything until everythings done ashley and co aren't forcing this lot to mouth off to the press and its the very public nature of this is making me wary of this being true.

[TRon]

My remaining worry, is that both Kenyon and Staveley seemed under the impression that they had or would have agreements with him, only for him to pull the rug out at the fi  stages.

 

I hope they know who they are dealing with.

 

Honestly think only Ashley can fuck it up from here. I don't know if Luke Edwards sources are imaginary, but the talk that Ashley doesn't like deals done in public sounds just like the sort of stunt he has pulled previously. If he genuinely wants to sell then this should be sorted by Friday you would think.

[STM]

Why Friday?

[Ikon]

[Kanj]

If all that is left is fit & proper, then MA's lawyers need to collect everything they need from BZG to submit the paper work to the PL to begin the owner and director test. It's that simple. It's fully in their court, esp if 1) proof of funds checked out 2) mutually agreed heads of terms outlining the proposed transaction was submitted to the PL

[Menace]

100 pages in 2 days, fuck me

[Tsunami]

It is a worry that these are making all these noises in public, as others have said we have no idea what sort of funds this lot have access too. Their official website looks like a knocked up schoolboy project and reports of recent restructuring within the group taking place to improve their financial position suggests they’re hardly rolling in it.

 

We could be on the verge of selling to chancers whose own website puts profit as the number one driver. Gotta hope that Ashley is true to his word that he’ll only sell to someone who take the club forward and can show that. My early enthusiasm is making way to caution.

[LV]

My remaining worry, is that both Kenyon and Staveley seemed under the impression that they had or would have agreements with him, only for him to pull the rug out at the fi  stages.

 

I hope they know who they are dealing with.

 

Honestly think only Ashley can fuck it up from here. I don't know if Luke Edwards sources are imaginary, but the talk that Ashley doesn't like deals done in public sounds just like the sort of stunt he has pulled previously. If he genuinely wants to sell then this should be sorted by Friday you would think.

 

Edwards has for his facts wrong on this one, for the Kenyon deal at least. It was Ashley who went on sky to talk about the deal being further along than any before. Kenyon didn’t say much at all

[B-more Mag]

One thing I can say with certainty is that this kind of shit show wouldn't be going on around a club that's run anywhere remotely close to competently.

struggle to see what the club has done wrong (in this case) they won't say anything until everythings done ashley and co aren't forcing this lot to mouth off to the press and its the very public nature of this is making me wary of this being true.

 

Ordinarily a seller would require the buyer to sign an NDA that prohibits the buyer from going off and saying anything publicly until it's a done deal--and at that point there would be coordinated statements. On the other end of the spectrum, if a fake buyer was making a story up out of whole cloth, a well run organization would clearly and unequivocally set the record straight. But leaving the story out there twisting in the wind is just chaotic--which seems to be part of MA's MO.