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Positive Optimism - Saudi Takeover Edition


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6 minutes ago, Ben said:

In that case it's very worrying 

Nothing to be worrried about mate, just switch off let it play out.

 

It’s not going to happen as soon as we all would have liked, but it’s still very much alive in my opinion.

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Absolutely nothing positive about recent events.  WhitleyPark bringing nothing to the straw clutching posts says it all. Bury the fucker, it was fun while it lasted. 

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Aye it looks like Ashley will draw it out past the transfer window and then use the CAT case for his compo, he even said himself when a takeover happens it will be behind closed doors and it will just be announced out of the blue.

 

IMO the takeover by the current crop is dead.

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Keep PIF on board until next year and still every chance. We’ll soon know if they pull out as it will be the end of this Staveley bid. Absolutely convinced they’re all in this together and very determined though. 
 

If CAT case gets go ahead and disclosure comes this year, then we might get earlier resolution.

 

I’m chilled out about it, won’t be attending any matches but as long as Staveley remains committed hope we have a good season to keep deal in place.

 

Not over by a long shot don’t kid yourselves.

 

 

 

 

Edited by Whitley mag

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54 minutes ago, Ben said:

IMO the takeover by the current crop is dead.

 

There is absolutely no evidence to support that strange comment, and there is a lot of recent evidence to the contrary!

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2 minutes ago, manorpark said:

 

There is absolutely no evidence to support that strange comment, and there is a lot of recent evidence to the contrary!

And there is no evidence to support that it's on.

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1 minute ago, Ben said:

And there is no evidence to support that it's on.

Apart from the court cases and the buyers / sellers saying it’s on then you’re right 

 

 

Edited by MickMack

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3 minutes ago, Ben said:

And there is no evidence to support that it's on.

 

I'm not sure that's right, there appears to be more evidence to support the supposition that the takeover is still on and waiting in the wings as things stand.

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I've just lost faith in the whole thing, Staveley is supposed to be a deal maker that gets stuff done, why not just get everyone in a room and thrash this out, one way or another, without the delay, arbitration has been kicked down the road for 6 months !! Why ? For what possible reason can an independent panel need a further 6 months to gather evidence after 17 months.

 

I hope I'm wrong because this is a real cross roads for me, but it looks like everyone involved is incompetent.

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Something that is potentially interesting, the longer the Prem hold the takeover up - if it does eventually go through and the Prem were proven to have been creating an unlawful obstacle, then surely Mike Ashley, and possibly the Saudis for that matter, could have a considerable claim against the Prem for potential monies/earnings lost during that delay? At the very least could Ashley could claim that he's lost interest on the £300m that would have been in his back pocket had the takeover had gone through last year?... Or is that the general crux of Ashley's potential compo claim?

 

 

Edited by Armchair Pundit

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2 minutes ago, Ben said:

I've just lost faith in the whole thing, Staveley is supposed to be a deal maker that gets stuff done, why not just get everyone in a room and thrash this out, one way or another, without the delay, arbitration has been kicked down the road for 6 months !! Why ? For what possible reason can an independent panel need a further 6 months to gather evidence after 17 months.

 

I hope I'm wrong because this is a real cross roads for me, but it looks like everyone involved is incompetent.

Keep your chin up where all fucking pissed off, I want nothing more than to feel able to go back to St Jame’s.

 

A settlement is still the easiest route out of this for all especially if CAT case gets go ahead. 

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The best chance we have at the minute is the PL suddenly deciding to settle out of court and push the takeover through. This could happen literally any day. 

 

I've taken a company to court over money and the judge told us to go outside and try and settle it in the waiting room, if we can't then he will continue. This was at the hearing so even though this takeover case is a much much bigger scale, there is every chance the PL get told "get a deal done out of court", even more so IF the evidence we have them really is that strong. 

 

The arbitration delay may have been caused by our own legal team, it does seem weird that that was a huge push for transparency that we wouldn't have gotten from arbitration, but apparently will get from CAT. The ball was in their court as they could hide information, now it's in ours as if CAT goes ahead first things can get revealed. 

 

It's all guess work though and nobody knows what's really going on. I definitely don't think it's dead in the water, and I do think Ashley and the consortium (including PIF) still want to do the deal. That's as much confidence as I need really, I don't care how long it takes, as long as everyone stays committed to the deal,eventually I honestly believe it will get allowed to go through. 

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What i dont get is - Competition law isnt some bizarre ancient Mesopotamian language that only 3 people globally can understand. Are you telling me Intelligent folk who can read etc have legal experience and having studied law cant at the very least have an opinion on something? 

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8 minutes ago, Ganninup said:

What i dont get is - Competition law isnt some bizarre ancient Mesopotamian language that only 3 people globally can understand. Are you telling me Intelligent folk who can read etc have legal experience and having studied law cant at the very least have an opinion on something? 

 

There's your problem.

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5 hours ago, manorpark said:

 

There is absolutely no evidence to support that strange comment, and there is a lot of recent evidence to the contrary!

Such as?

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1 minute ago, et tu brute said:


Two court cases. Whether it succeeds fuck knows, but it’s still being pursued by both sellers and buyers.

Seems like people need that reassurance on a daily basis 

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6 hours ago, manorpark said:

 

There is absolutely no evidence to support that strange comment, and there is a lot of recent evidence to the contrary!

Huh? All the evidence points to it being off?

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It is not off or it is not closer to happen either. This settlement thing is a wishful thinking.

 

I hate saying this on the positive thread but this week development is a big setback let's not sugar coat it. 

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I have no evidence either side of the argument but i just don’t see this weeks developments as a major setback. 

 

a) Why has MA and PL agreed to the movement of arbitration till 2022

b) if this was as negative as everyone suggests then why has MA and his media team not made a big fuss/issue about it

c) 6 months seems a long time to delay Arbitration…..perhaps MA has a good reason for delaying it for so long……I’m not privy to the reasoning but it seems a strange length of time.

d) If the takeover was really “dead” then perhaps we would have heard from AS/Reubens/PIF by now.

e) We would definitely heard from Bein Jacobs and Hairy Hands if this was the final nail in the coffin.

 

Like i say i have no reason to be Positive after these developments but i also think that there is more to come about the takeover. As many have pointed out, best we let this theatre play out and hope for some good news in the not so distant future.

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59 minutes ago, ManDoon said:

Huh? All the evidence points to it being off?


You don’t have two ongoing cases if there is no takeover in the background, especially the arbitration case. Hey I haven’t a clue what’s going to happen, but Ashley is not going to waste money (millions) on two cases if it was off. He has to pay even more out now since the arbitration has been moved back 6 months. 

 

 

Edited by et tu brute

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6 minutes ago, Jinky Jim said:

I have no evidence either side of the argument but i just don’t see this weeks developments as a major setback. 

 

a) Why has MA and PL agreed to the movement of arbitration till 2022

b) if this was as negative as everyone suggests then why has MA and his media team not made a big fuss/issue about it

c) 6 months seems a long time to delay Arbitration…..perhaps MA has a good reason for delaying it for so long……I’m not privy to the reasoning but it seems a strange length of time.

d) If the takeover was really “dead” then perhaps we would have heard from AS/Reubens/PIF by now.

e) We would definitely heard from Bein Jacobs and Hairy Hands if this was the final nail in the coffin.

 

Like i say i have no reason to be Positive after these developments but i also think that there is more to come about the takeover. As many have pointed out, best we let this theatre play out and hope for some good news in the not so distant future.

To answer point a), I’m not so sure both parties had a say on arbitration being moved to 2022?
 

IMO the takeover is still on in so much as both the Seller and Buyer/s are still pushing for it, but I now believe it won’t happen and I think in the end MA will likely end up with some kind of out of court compensation for ‘loss of trade’ or something and it will be back to the old routine/drawing board…

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