Heake Posted June 5, 2019 Share Posted June 5, 2019 Im in the mood for love!!!! Link to post Share on other sites More sharing options...
Shearergol Posted June 5, 2019 Share Posted June 5, 2019 My sources say something may or may not happen on or before tomorrow afternoon. Think that speaks for itself. Link to post Share on other sites More sharing options...
gdm Posted June 5, 2019 Share Posted June 5, 2019 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 Link to post Share on other sites More sharing options...
LV Posted June 5, 2019 Share Posted June 5, 2019 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 Link to post Share on other sites More sharing options...
LV Posted June 5, 2019 Share Posted June 5, 2019 Another one from GeordieDentist Take the mobile bit out mate Cheers TM, bit of a Luddite when it comes to this stuff Not far behind you, I just remember Dave ranting about it once. I miss Dave. He could be back again soon by the look of things Link to post Share on other sites More sharing options...
jack j Posted June 5, 2019 Share Posted June 5, 2019 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 Link to post Share on other sites More sharing options...
ToonArmy1892 Posted June 5, 2019 Share Posted June 5, 2019 Link to post Share on other sites More sharing options...
Guest godzilla Posted June 5, 2019 Share Posted June 5, 2019 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. Link to post Share on other sites More sharing options...
Guest chopey Posted June 5, 2019 Share Posted June 5, 2019 Is this it ? Link to post Share on other sites More sharing options...
LV Posted June 5, 2019 Share Posted June 5, 2019 Def much more hopeful about this now Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted June 5, 2019 Share Posted June 5, 2019 I’ve got a bath bomb I’ve been saving. Link to post Share on other sites More sharing options...
Guest godzilla Posted June 5, 2019 Share Posted June 5, 2019 Is this it ? I really think so mate Link to post Share on other sites More sharing options...
gdm Posted June 5, 2019 Share Posted June 5, 2019 The chronicle/Douglas Holding company apparently set up - what does it mean? So a new company has been set up at Companies House with two registered directors: the Sheikh linked with a Newcastle takeover and Mihat Kidwai, Bin Zayed Group MD - whose name was attached to the statements sent out last week. It is called Monochrome Acquisitions Ltd - which is a clear play on black and white, the colours of Newcastle United. It is set up with the registered address of Pinsent Masons, the London law firm that has previously worked with Newcastle and they have drawn up the documents on behalf of the Sheikh and Kidwai it appears (we are checking the veracity of this). If it is genuine - and again, we’ve got calls on - it would mean a holding company has been set up to acquire the shares of Newcastle United, which is significant in itself but doesn’t mean the deal is necessarily imminent. It means that things are being set up to do the deal - which adds meat to the bones of the statements we got last week. FWIW, when I checked yesterday various sources said no major developments. Bin Zayed said last week they were “closing in” on Newcastle.... Link to post Share on other sites More sharing options...
Stifler Posted June 5, 2019 Share Posted June 5, 2019 Ok, who’s at the Brandling in Gosforth reading this? Link to post Share on other sites More sharing options...
jonny1403 Posted June 5, 2019 Share Posted June 5, 2019 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 You would definitely expect the buyer, not the seller, to set up the bidding company, so it would point more towards Pinsents acting for the buyer, yes. I am not sure where all the twitter chatter is coming from regarding Pinsents acting for Ashley tbh - I'd always thought he used two other firms. One thing to stress - we have often set up companies (only costs £90) purely to hold on to a name for our client. This suggests that something is definitely happening, and could happen imminently, but shouldn't be a guarantee that any deal is going to be completed. Link to post Share on other sites More sharing options...
STM Posted June 5, 2019 Share Posted June 5, 2019 I kind of understand Douglas' cautiousness but I imagine, if this is true we are going to see a major shift in positivity from journalists. Link to post Share on other sites More sharing options...
LV Posted June 5, 2019 Share Posted June 5, 2019 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 You would definitely expect the buyer, not the seller, to set up the bidding company, so it would point more towards Pinsents acting for the buyer, yes. One thing to stress - we have often set up companies (only costs £90) purely to hold on to a name for our client. This suggests that something is definitely happening, and could happen imminently, but shouldn't be a guarantee that any deal is going to be completed. Great clarity, cheers mate. Link to post Share on other sites More sharing options...
Guest godzilla Posted June 5, 2019 Share Posted June 5, 2019 The chronicle/Douglas Holding company apparently set up - what does it mean? So a new company has been set up at Companies House with two registered directors: the Sheikh linked with a Newcastle takeover and Mihat Kidwai, Bin Zayed Group MD - whose name was attached to the statements sent out last week. It is called Monochrome Acquisitions Ltd - which is a clear play on black and white, the colours of Newcastle United. It is set up with the registered address of Pinsent Masons, the London law firm that has previously worked with Newcastle and they have drawn up the documents on behalf of the Sheikh and Kidwai it appears (we are checking the veracity of this). If it is genuine - and again, we’ve got calls on - it would mean a holding company has been set up to acquire the shares of Newcastle United, which is significant in itself but doesn’t mean the deal is necessarily imminent. It means that things are being set up to do the deal - which adds meat to the bones of the statements we got last week. FWIW, when I checked yesterday various sources said no major developments. Bin Zayed said last week they were “closing in” on Newcastle.... Mark Douglas right now Link to post Share on other sites More sharing options...
Hughesy Posted June 5, 2019 Share Posted June 5, 2019 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. Totally agree. In any event, I thought Ashley was using Dentons as his lawyers, so Pinsents will probably be acting for the buyer - I think they do this type of transaction anyway (mid market type work with a sports angle sometimes). Link to post Share on other sites More sharing options...
Disco Posted June 5, 2019 Share Posted June 5, 2019 Ok, who’s at the Brandling in Gosforth reading this? Which one? Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted June 5, 2019 Share Posted June 5, 2019 We know it doesn’t mean the deal is definitely done FFS. We’re all dealing in speculation here, it’s just an interesting happening. Also Douglas will probably find out the same time we do. Link to post Share on other sites More sharing options...
TBG Posted June 5, 2019 Share Posted June 5, 2019 which is a clear play on black and white, the colours of Newcastle United Can someone confirm this. Link to post Share on other sites More sharing options...
Stifler Posted June 5, 2019 Share Posted June 5, 2019 which is a clear play on black and white, the colours of Newcastle United Can someone confirm this. Lee Ryder is on the case. Link to post Share on other sites More sharing options...
gdm Posted June 5, 2019 Share Posted June 5, 2019 Douglas and co are so behind. They find everything from twitter then desperately get on to their sources. Completely useless Link to post Share on other sites More sharing options...
Stifler Posted June 5, 2019 Share Posted June 5, 2019 Ok, who’s at the Brandling in Gosforth reading this? Which one? No idea, not me that’s there, someone on the Whats app group has saw them. Link to post Share on other sites More sharing options...
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