manorpark Posted July 20, 2020 Share Posted July 20, 2020 Wow, people are really getting their knick**s in a twist over the least bit of 'imagined bad news'. Nothing has changed, the Takeover is done (a long time ago now) the Premier League are getting as much out of it as they can from the Saudi's before it is approved (and I don't blame them). This is a huge "one-off" situation for them to ensure future monies and to avoid future Middle East Piracy. C A L M . . . Link to post Share on other sites More sharing options...
TK-421 Posted July 20, 2020 Share Posted July 20, 2020 I still think this will happen but the sponsorship deal raises many questions. For one, the club an Islamic kingdom wants to buy having a sponsor on the shirt which is a gambling company do not go hand in hand. Honestly I thought they would be the first thing to go. And they might be, once the Takeover goes through. But that could be days, weeks or even months away still. Link to post Share on other sites More sharing options...
Guest neesy111 Posted July 20, 2020 Share Posted July 20, 2020 Sponsorship thing is not an issue at all, it'll have break clauses for both parties. Link to post Share on other sites More sharing options...
Armchair Pundit Posted July 20, 2020 Share Posted July 20, 2020 As with most contracts there's probably some sort of buyout or reduction clause, I don't see a sponsorship being any different. It could well be the same with the Puma shirt deal, though there would be less of a problem with keeping them for longer of course. Link to post Share on other sites More sharing options...
Si Posted July 20, 2020 Share Posted July 20, 2020 Sponsorship thing is not an issue at all, it'll have break clauses for both parties. It could be like the Pardew contract Link to post Share on other sites More sharing options...
Wilson Posted July 20, 2020 Share Posted July 20, 2020 Nothing has changed, the Takeover is done (a long time ago now) the Premier League are getting as much out of it as they can from the Saudi's before it is approved (and I don't blame them). It was done a long time ago but isn't approved? Not sure how that works. It really isn't done like. Link to post Share on other sites More sharing options...
Guest awaymag Posted July 20, 2020 Share Posted July 20, 2020 Nothing has changed, the Takeover is done (a long time ago now) the Premier League are getting as much out of it as they can from the Saudi's before it is approved (and I don't blame them). It was done a long time ago but isn't approved? Not sure how that works. It really isn't done like. bunch of wimmen, the lot of you......that is all :-) Link to post Share on other sites More sharing options...
Wilson Posted July 20, 2020 Share Posted July 20, 2020 Ok. Link to post Share on other sites More sharing options...
Joe_F Posted July 20, 2020 Share Posted July 20, 2020 Link to post Share on other sites More sharing options...
Kanji Posted July 20, 2020 Share Posted July 20, 2020 Annoying, but hopefully better deals can be put into place once this does get approved by the league. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted July 20, 2020 Share Posted July 20, 2020 I mean, the club has to keep running I guess. Link to post Share on other sites More sharing options...
manorpark Posted July 20, 2020 Share Posted July 20, 2020 Nothing has changed, the Takeover is done (a long time ago now) the Premier League are getting as much out of it as they can from the Saudi's before it is approved (and I don't blame them). It was done a long time ago but isn't approved? Not sure how that works. It really isn't done like. It was done a long time ago, contracts exchanged, Ashley sold to the Reubens/PIF/Staveley, but the governing body of the sport needs to 'approve' the commercially already done deal, before our owners can play football in their league. That is why approval was always definite, as the PL cannot change history, but they are extracting as much as they can from the deal, while they have this period of 'leverage'. Link to post Share on other sites More sharing options...
Kasper Posted July 20, 2020 Share Posted July 20, 2020 Nothing has changed, the Takeover is done (a long time ago now) the Premier League are getting as much out of it as they can from the Saudi's before it is approved (and I don't blame them). It was done a long time ago but isn't approved? Not sure how that works. It really isn't done like. It was done a long time ago, contracts exchanged, Ashley sold to the Reubens/PIF/Staveley, but the governing body of the sport needs to 'approve' the commercially already done deal, before our owners can play football in their league. That is why approval was always definite, as the PL cannot change history, but they are extracting as much as they can from the deal, while they have this period of 'leverage'. Nope it's pending PL approval Link to post Share on other sites More sharing options...
Shearergol Posted July 20, 2020 Share Posted July 20, 2020 Nothing has changed, the Takeover is done (a long time ago now) the Premier League are getting as much out of it as they can from the Saudi's before it is approved (and I don't blame them). It was done a long time ago but isn't approved? Not sure how that works. It really isn't done like. It was done a long time ago, contracts exchanged, Ashley sold to the Reubens/PIF/Staveley, but the governing body of the sport needs to 'approve' the commercially already done deal, before our owners can play football in their league. That is why approval was always definite, as the PL cannot change history, but they are extracting as much as they can from the deal, while they have this period of 'leverage'. That's an incredible spin on it like. It's wrong though. The "commercially already done deal" is dependent on the PL signing it off. If they don't sign it off, the deal doesn't happen. That's nothing to do with changing history. Link to post Share on other sites More sharing options...
Guest Butcher Posted July 20, 2020 Share Posted July 20, 2020 Wrong club, eh Penn? Link to post Share on other sites More sharing options...
manorpark Posted July 20, 2020 Share Posted July 20, 2020 Nothing has changed, the Takeover is done (a long time ago now) the Premier League are getting as much out of it as they can from the Saudi's before it is approved (and I don't blame them). It was done a long time ago but isn't approved? Not sure how that works. It really isn't done like. It was done a long time ago, contracts exchanged, Ashley sold to the Reubens/PIF/Staveley, but the governing body of the sport needs to 'approve' the commercially already done deal, before our owners can play football in their league. That is why approval was always definite, as the PL cannot change history, but they are extracting as much as they can from the deal, while they have this period of 'leverage'. That's an incredible spin on it like. It's wrong though. The "commercially already done deal" is dependent on the PL signing it off. If they don't sign it off, the deal doesn't happen. That's nothing to do with changing history. It's not 'spin' its is simple fact. The deal has been done, which is why it has taken the Premier League (because they KNOW the deal is done) so very long to issue their approval, as it is their one and only opportunity to get what they feel they need from the deal. This reality will be made clear, no doubt, in the "post approval" announcements. Link to post Share on other sites More sharing options...
r0cafella Posted July 20, 2020 Share Posted July 20, 2020 Nothing has changed, the Takeover is done (a long time ago now) the Premier League are getting as much out of it as they can from the Saudi's before it is approved (and I don't blame them). It was done a long time ago but isn't approved? Not sure how that works. It really isn't done like. It was done a long time ago, contracts exchanged, Ashley sold to the Reubens/PIF/Staveley, but the governing body of the sport needs to 'approve' the commercially already done deal, before our owners can play football in their league. That is why approval was always definite, as the PL cannot change history, but they are extracting as much as they can from the deal, while they have this period of 'leverage'. That's an incredible spin on it like. It's wrong though. The "commercially already done deal" is dependent on the PL signing it off. If they don't sign it off, the deal doesn't happen. That's nothing to do with changing history. It's not 'spin' its is simple fact. The deal has been done, which is why it has taken the Premier League (because they KNOW the deal is done) so very long to issue their approval, as it is their one and only opportunity to get what they feel they need from the deal. This reality will be made clear, no doubt, in the "post approval" announcements. The deal is done in business terms sure. If the premier league don’t grant approval we can be fairly certain it will collapse however. Link to post Share on other sites More sharing options...
Menace Posted July 20, 2020 Share Posted July 20, 2020 Where are you getting your info from manorpark? Link to post Share on other sites More sharing options...
OpenC Posted July 20, 2020 Share Posted July 20, 2020 Wrong club, eh Penn? #wait Link to post Share on other sites More sharing options...
Robster Posted July 20, 2020 Share Posted July 20, 2020 Where are you getting your info from manorpark? Outer Space. Link to post Share on other sites More sharing options...
Shearergol Posted July 20, 2020 Share Posted July 20, 2020 The deal is only "done" based on PL approval. It's only "done" when money is transferred. Everyone knows this. Link to post Share on other sites More sharing options...
Guest The Little Waster Posted July 20, 2020 Share Posted July 20, 2020 When was Masters hoisted into the hot seat ? Link to post Share on other sites More sharing options...
Tiresias Posted July 20, 2020 Share Posted July 20, 2020 People say it is done in that it has been stated by credible journos that it is done in so far as it is legally binding subject to premier league approval and transfer of funds. It isnt the case that once the deal goes through ashley can change his mind, so it not unreasonable to call it a done deal, the same way you may shake hands on buying a car subject to one party checking the car's history is legitimate and in order and transfer of funds to the garage to take the keys. A deposit has already been paid. What is a bit more unknown is if there is any kind of time limitation on it. Presumably there must be should premier league just delay forever and a day and also in case the buyer delays endlessly transfering funds. At a certain point it one or both parties must be able to say enough is enough. Link to post Share on other sites More sharing options...
Raconteur Posted July 20, 2020 Share Posted July 20, 2020 Nothing has changed, the Takeover is done (a long time ago now) the Premier League are getting as much out of it as they can from the Saudi's before it is approved (and I don't blame them). It was done a long time ago but isn't approved? Not sure how that works. It really isn't done like. It was done a long time ago, contracts exchanged, Ashley sold to the Reubens/PIF/Staveley, but the governing body of the sport needs to 'approve' the commercially already done deal, before our owners can play football in their league. That is why approval was always definite, as the PL cannot change history, but they are extracting as much as they can from the deal, while they have this period of 'leverage'. That's an incredible spin on it like. It's wrong though. The "commercially already done deal" is dependent on the PL signing it off. If they don't sign it off, the deal doesn't happen. That's nothing to do with changing history. It's not 'spin' its is simple fact. The deal has been done, which is why it has taken the Premier League (because they KNOW the deal is done) so very long to issue their approval, as it is their one and only opportunity to get what they feel they need from the deal. This reality will be made clear, no doubt, in the "post approval" announcements. I'm trying to follow your logic here, so bear with me. You seem to be suggesting the deal for Mike Ashley to sell NUFC to the PIF/PCP/RB consortium has been finalised. You also seem to be rejecting the notion that that deal is "subject to PL approval". By that logic, why have an O&D test? Just sign the contracts, and the PL can't do anything? Alternatively, if the deal is not subject to PL approval, and the PL rejects the PIF/PCP/RB takeover, then wouldn't the consortium be obligated to complete the purchase of NUFC, but not be given approval to play in the Premier League? They would have shelled out for nothing more than the registration of the players, and the training ground Link to post Share on other sites More sharing options...
Kasper Posted July 20, 2020 Share Posted July 20, 2020 Where are you getting your info from manorpark? "info" Link to post Share on other sites More sharing options...
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