Takeover Thread - July 1st statement, Staveley letter to Tracey Crouch (and response) in OP

[TheHoob]

IIRC any legal challenge would have to come through the club either way? Fairly sure I read/heard that somewhere anyway 

[Ikon]

This is all for show, Government and the PL have decided ok let's do it. After pressure from the Gov. Just to be able to tell the Qataris we couldn't stop it. Also, I've seen too many movies

[Yorkie]

If these have been retained by only Ashley am I correct in thinking it doesn’t necessarily mean the deal is back on? He just wants compensation?

 

Quite possibly, that was my first thought too.  Probably an unpopular opinion but I hope he gets it tbh

 

You must've missed Steve's comments about how Mike only wants what's best for the club.

 

Mind you, it's not like what you're saying is implausible. But I think, if this was purely a personal venture regarding his compensation, the various soundbites about still being committed to the sale will have been quite dispicably misleading. Which he is obviously capable of, of course.

[Whitley mag]

Oh fucking yes get in there Mike lad take these bastards to the cleaners.

[Happinesstan]

Lets just say this goes to court or whatever and Ashley wins his case, then what?  He'll get financial compo or something?

 

There is also the matter of what is revealed, that has previously been hidden, in the court proceedings. I guess there is a chance that the consortium could use some of that info to their advantage.

[Stifler]

VAR decisions are going to be honking against us this season.

[Gallowgate Toon]

Class tbh

[Yorkie]

What still doesn't add up is the stuff about whether or not the PL have actually 'rejected' the takeover. Do you think, at this point, it's a case of Ashley/NUFC simply interpreting their actions as having rejected the takeover - I.e. it's been 'rejected' in all but name and progress from this point is impossible - even though the PL might argue that they haven't officially done so?

[James]

What still doesn't add up is the stuff about whether or not the PL have actually 'rejected' the takeover. Do you think, at this point, it's a case of Ashley/NUFC simply interpreting their actions as having rejected the takeover - I.e. it's been 'rejected' in all but name and progress from this point is impossible - even though the PL might argue that they haven't officially done so?

 

It will be a constructive rejection argument

[Guest]

Aye that’s my guess. In the same way Keegan resigned but won his case for ‘constructive’ dismissal. Quite ironic really.

[Yorkie]

I can't think of a more perfect bookend tbh.

[thomas]

thank fuuuuuuuck this is back on was worried things would get boring

[St1pe]

Are the Premier League so married to the idea of stopping the Saudi’s that they’re going to be happy to pay what would likely be very lengthy and expensive court proceedings?

[TK-421]

What still doesn't add up is the stuff about whether or not the PL have actually 'rejected' the takeover. Do you think, at this point, it's a case of Ashley/NUFC simply interpreting their actions as having rejected the takeover - I.e. it's been 'rejected' in all but name and progress from this point is impossible - even though the PL might argue that they haven't officially done so?

 

Then I suppose that's where his legal team need to earn their money.

 

Whilst the PL may not have formally 'rejected' it, despite what Ashley says, by their own rules if they haven't had the requested information (as they claim), then they should have disqualified the 'director' i.e. PIF.

 

However, Ashley is arguing that the club has sent through evidence of the separation between PIF and the KSA, so again, if that is not good enough for the PL, then by their rules, surely they should have disqualified PIF, which as majority director/shareholder must lead to a rejection?

 

Hopefully its part of the narrative, and will lead to an approval at some point.

 

#Clutching

[Robster]

I can't think of a more perfect bookend tbh.

[thomas]

Are the Premier League so married to the idea of stopping the Saudi’s that they’re going to be happy to pay what would likely be very lengthy and expensive court proceedings?

There's surely some upper bound they're willing to give over as some kind of token gesture to make all this go away but there's no chance Ashley would settle for anything short of the full selling price he was about to get

[Whitley mag]

Are the Premier League so married to the idea of stopping the Saudi’s that they’re going to be happy to pay what would likely be very lengthy and expensive court proceedings?

 

The PL are not a cash rich organisation either, the operation is actually quite small. This could get very tasty, especially in the current climate.

 

One things for sure other clubs will be fucking furious 

[Scotty66]

But but Edwards said Ashley has given up

[Yorkie]

What still doesn't add up is the stuff about whether or not the PL have actually 'rejected' the takeover. Do you think, at this point, it's a case of Ashley/NUFC simply interpreting their actions as having rejected the takeover - I.e. it's been 'rejected' in all but name and progress from this point is impossible - even though the PL might argue that they haven't officially done so?

 

Then I suppose that's where his legal team need to earn their money.

 

Whilst the PL may not have formally 'rejected' it, despite what Ashley says, by their own rules if they haven't had the requested information (as they claim), then they should have disqualified the 'director' i.e. PIF.

 

However, Ashley is arguing that the club has sent through evidence of the separation between PIF and the KSA, so again, if that is not good enough for the PL, then by their rules, surely they should have disqualified PIF, which as majority director/shareholder must lead to a rejection?

 

Hopefully its part of the narrative, and will lead to an approval at some point.

 

#Clutching

 

I don't think you're clutching that much, I think that's probably the crux of the argument.

 

If it's true that the PL avoided making a decision to pacify those parties who were heaping pressure on (broadcast partners and elite organisation members), then surely that's what 'our' lawyers will be instructed to prove?

 

I wonder what their hourly rate is.

[OpenC]

 

We should probably all just keep quiet until we find out what Penn[/member] thinks tbh

[Greg]

What still doesn't add up is the stuff about whether or not the PL have actually 'rejected' the takeover. Do you think, at this point, it's a case of Ashley/NUFC simply interpreting their actions as having rejected the takeover - I.e. it's been 'rejected' in all but name and progress from this point is impossible - even though the PL might argue that they haven't officially done so?

 

Then I suppose that's where his legal team need to earn their money.

 

Whilst the PL may not have formally 'rejected' it, despite what Ashley says, by their own rules if they haven't had the requested information (as they claim), then they should have disqualified the 'director' i.e. PIF.

 

However, Ashley is arguing that the club has sent through evidence of the separation between PIF and the KSA, so again, if that is not good enough for the PL, then by their rules, surely they should have disqualified PIF, which as majority director/shareholder must lead to a rejection?

 

Hopefully its part of the narrative, and will lead to an approval at some point.

 

#Clutching

 

I don't think you're clutching that much, I think that's probably the crux of the argument.

 

If it's true that the PL avoided making a decision to pacify those parties who were heaping pressure on (broadcast partners and elite organisation members), then surely that's what 'our' lawyers will be instructed to prove?

 

I wonder what their hourly rate is.

 

Will be in the thousands per hour.

[James]

Said this before we could end up going full value of club plus costs incurred to keep it going. That’s £400m or £20m a club that has to be paid off it of each clubs share of the tv income

[David Edgar]

[Robster]

After that flurry of activity last week, it's gone very quiet again.

This was timed perfectly.

[Ryan]