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Mike Ashley (former owner) (still alive)


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Newcastle United takeover now on? Sheikh Khaled registers new company with his MD

   

Newcastle United takeover, is it on?

 

Today (5 June 2019) has seen a new company showing as registered at Companies House.

 

It is called ‘Monochrome Acquisition Limited’ and the nature of its business is listed as ‘Activities of other holding companies not elsewhere classified.’

 

Monochrome obviously our colours.

 

 

The only two directors are…Sheikh Khaled and Midhat Kidwai.

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As a lawyer in this area:

 

- It's impossible for that company to be fake. It is possible for it to be fraudulently incorporated but you'd need a lot of personal information about the two directors, and would need to fraudulently impersonate Pinsent Masons, the law firm that has submitted the documents. The company is using PM's own, bespoke articles rather than the model articles, so any fraudster would need to have somehow obtained these as well. In short, it's real.

 

- The two directors are not directors of any other UK company, so whatever they are involved with is something new to them and not run of the mill.

 

- Companies established to acquire assets are often done so one or two days before completion of a deal. In other cases, they are established to ensure they have secured the name they want and then left on file for months while the deal is completed.

 

- It is common for businesses to have more than one law firm acting for them in the M&A sphere, often on different deals. I know that MA has used different law firms in the past. It could well be that Pinsent Masons are acting as UK counsel for the buyer, not the seller. They would need UK lawyers themselves regardless.

 

 

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What's the crack about staveley having one of these then? Hows this one different?

 

As someone said the Staveley one was about something else and I think someone a page or two back said the company is turning a profit

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As a lawyer in this area:

 

- It's impossible for that company to be fake. It is possible for it to be fraudulently incorporated but you'd need a lot of personal information about the two directors, and would need to fraudulently impersonate Pinsent Masons, the law firm that has submitted the documents. The company is using PM's own, bespoke articles rather than the model articles, so any fraudster would need to have somehow obtained these as well. In short, it's real.

 

- The two directors are not directors of any other UK company, so whatever they are involved with is something new to them and not run of the mill.

 

- Companies established to acquire assets are often done so one or two days before completion of a deal. In other cases, they are established to ensure they have secured the name they want and then left on file for months while the deal is completed.

 

- It is common for businesses to have more than one law firm acting for them in the M&A sphere, often on different deals. I know that MA has used different law firms in the past. It could well be that Pinsent Masons are acting as UK counsel for the buyer, not the seller. They would need UK lawyers themselves regardless.

 

 

 

Brilliant. Cheers for this.

 

Ashley has been using Dentons so you’re no doubt right about these being the buyers lawyers

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Another one from GeordieDentist

 

 

Take the mobile bit out mate

 

 

Cheers TM, bit of a Luddite when it comes to this stuff :thup:

 

Not far behind you, I just remember Dave ranting about it once. :lol:

 

:lol: I miss Dave.

 

He could be back again soon by the look of things

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What's the crack about staveley having one of these then? Hows this one different?

 

As someone said the Staveley one was about something else and I think someone a page or two back said the company is turning a profit

 

Aye sorry missed that bit in the excitement

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Guest godzilla

As a lawyer in this area:

 

- It's impossible for that company to be fake. It is possible for it to be fraudulently incorporated but you'd need a lot of personal information about the two directors, and would need to fraudulently impersonate Pinsent Masons, the law firm that has submitted the documents. The company is using PM's own, bespoke articles rather than the model articles, so any fraudster would need to have somehow obtained these as well. In short, it's real.

 

- The two directors are not directors of any other UK company, so whatever they are involved with is something new to them and not run of the mill.

 

- Companies established to acquire assets are often done so one or two days before completion of a deal. In other cases, they are established to ensure they have secured the name they want and then left on file for months while the deal is completed.

 

- It is common for businesses to have more than one law firm acting for them in the M&A sphere, often on different deals. I know that MA has used different law firms in the past. It could well be that Pinsent Masons are acting as UK counsel for the buyer, not the seller. They would need UK lawyers themselves regardless.

 

O0

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