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


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This is as dead as a dodo, despite what the mentalists on here say.

PIF is not a separate entity to KSA. MBS is the fucking chairman for fucks sake. Thats the grounds on which the takeover has been rejected and thats the grounds on which the takeover will continue to not be approved.

EDIT: fwiw, I find absolutely no joy in this whatsoever as NUFC are as good as dead without it.

 

Not to start going around in circles again but the takeover was never rejected. That's the whole issue with this sorry saga. The PL have allowed this to drag on by not laying their own laws down and putting an end to it.

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As with the previous US intelligence report (which concluded that MBS ordered Khashoggi's murder), the content of this one is very damning but thе timing and the general tone of Biden's administration indicate that MBS is no longer tolerable as a partner to the US. And when that happens it's usually coup time at House of Saud. So we're closer to the end of MBS, than any of his 2030 fairytale projects, which unfortunately include our takeover.

 

Would be mental to think someone with absolute power would be dethroned over the death of one person. Would it really end the vision on PIF and ksa though? Or has enough foundations been put in for it all to be a good idea for their future?

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Guest reefatoon

Well let's hope Ashley can win a bit compensation, tie Bruce down to an 8 year contract and hand him a healthy transfer budget of 500k. Things are not all doom and gloom.

 

 

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This is as dead as a dodo, despite what the mentalists on here say.

 

PIF is not a separate entity to KSA. MBS is the fucking chairman for fucks sake. Thats the grounds on which the takeover has been rejected and thats the grounds on which the takeover will continue to not be approved.

 

EDIT: fwiw, I find absolutely no joy in this whatsoever as NUFC are as good as dead without it.

 

Agreed, not a chance this is ever going to happen.

 

Only hope now really is AS and the Reubens pooling together to try to buy the club on their own, but it remains to be seen if they have the means or interest in doing that.

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This is as dead as a dodo, despite what the mentalists on here say.

PIF is not a separate entity to KSA. MBS is the fucking chairman for fucks sake. Thats the grounds on which the takeover has been rejected and thats the grounds on which the takeover will continue to not be approved.

EDIT: fwiw, I find absolutely no joy in this whatsoever as NUFC are as good as dead without it.

 

Not to start going around in circles again but the takeover was never rejected. That's the whole issue with this sorry saga. The PL have allowed this to drag on by not laying their own laws down and putting an end to it.

I keep saying the same thing to some of the knackers on here.  The Premier League neither rejected or accepted the takeover.  They did f#ck all.  That's the whole point of Ashley taking them to task.  Because Masters and his mates REFUSED to make a decision without any given reason.

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This is as dead as a dodo, despite what the mentalists on here say.

PIF is not a separate entity to KSA. MBS is the fucking chairman for fucks sake. Thats the grounds on which the takeover has been rejected and thats the grounds on which the takeover will continue to not be approved.

EDIT: fwiw, I find absolutely no joy in this whatsoever as NUFC are as good as dead without it.

 

Not to start going around in circles again but the takeover was never rejected. That's the whole issue with this sorry saga. The PL have allowed this to drag on by not laying their own laws down and putting an end to it.

 

Didn't they claim they were awaiting requested information. And then PIF announced they were pulling out.

 

My best guess [because that's what it is] is that they requested information that PIF weren't prepared to divulge. Perhaps information that, in their opinion, they have no right to request. Could well be a stalemate.

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This is as dead as a dodo, despite what the mentalists on here say.

PIF is not a separate entity to KSA. MBS is the fucking chairman for fucks sake. Thats the grounds on which the takeover has been rejected and thats the grounds on which the takeover will continue to not be approved.

EDIT: fwiw, I find absolutely no joy in this whatsoever as NUFC are as good as dead without it.

 

Not to start going around in circles again but the takeover was never rejected. That's the whole issue with this sorry saga. The PL have allowed this to drag on by not laying their own laws down and putting an end to it.

 

Didn't they claim they were awaiting requested information. And then PIF announced they were pulling out.

 

My best guess [because that's what it is] is that they requested information that PIF weren't prepared to divulge. Perhaps information that, in their opinion, they have no right to request. Could well be a stalemate.

PIF provided legal evidence and court documents to say they were legally so stated from the Saudi State. The Premier League kept asking for documents to say they were separated by the Saudi state. How can you gain more evidence then what they provided.
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This is as dead as a dodo, despite what the mentalists on here say.

PIF is not a separate entity to KSA. MBS is the fucking chairman for fucks sake. Thats the grounds on which the takeover has been rejected and thats the grounds on which the takeover will continue to not be approved.

EDIT: fwiw, I find absolutely no joy in this whatsoever as NUFC are as good as dead without it.

 

Not to start going around in circles again but the takeover was never rejected. That's the whole issue with this sorry saga. The PL have allowed this to drag on by not laying their own laws down and putting an end to it.

 

Didn't they claim they were awaiting requested information. And then PIF announced they were pulling out.

 

My best guess [because that's what it is] is that they requested information that PIF weren't prepared to divulge. Perhaps information that, in their opinion, they have no right to request. Could well be a stalemate.

PIF provided legal evidence and court documents to say they were legally so stated from the Saudi State. The Premier League kept asking for documents to say they were separated by the Saudi state. How can you gain more evidence then what they provided.

 

I don't know. What I do know is that the PL haven't backed down, in a year. And I'm sure they have legal advisors too. Maybe they'll employ the legal advice team that secured the purchase of Burnley. That would be interesting.

 

 

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This is as dead as a dodo, despite what the mentalists on here say.

PIF is not a separate entity to KSA. MBS is the fucking chairman for fucks sake. Thats the grounds on which the takeover has been rejected and thats the grounds on which the takeover will continue to not be approved.

EDIT: fwiw, I find absolutely no joy in this whatsoever as NUFC are as good as dead without it.

Not to start going around in circles again but the takeover was never rejected. That's the whole issue with this sorry saga. The PL have allowed this to drag on by not laying their own laws down and putting an end to it.

Didn't they claim they were awaiting requested information. And then PIF announced they were pulling out.

My best guess [because that's what it is] is that they requested information that PIF weren't prepared to divulge. Perhaps information that, in their opinion, they have no right to request. Could well be a stalemate.

 

They did but for a test that is supposed to take 2-4 weeks, you'd think that their internal process would be set that if the necessary information isn't provided within a reasonable time frame, then the test would be rejected and not just left open forever until someone comes up with something.

 

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This is as dead as a dodo, despite what the mentalists on here say.

PIF is not a separate entity to KSA. MBS is the fucking chairman for fucks sake. Thats the grounds on which the takeover has been rejected and thats the grounds on which the takeover will continue to not be approved.

EDIT: fwiw, I find absolutely no joy in this whatsoever as NUFC are as good as dead without it.

 

Not to start going around in circles again but the takeover was never rejected. That's the whole issue with this sorry saga. The PL have allowed this to drag on by not laying their own laws down and putting an end to it.

I keep saying the same thing to some of the knackers on here.  The Premier League neither rejected or accepted the takeover.  They did f#ck all.  That's the whole point of Ashley taking them to task.  Because Masters and his mates REFUSED to make a decision without any given reason.

 

Who says thats even the process?

 

I think, in order to approve the sale the PL asked PIF to provide 'XYZ' in relation to MBS and PIF and PIF failed to do so. As such, the sale was never approved, but as the PL didnt receive 'XYZ' they didn't have grounds to reject it either.

 

As far as I can see, despite bluster, buyer confidence and loads of bread, the situation hasn't changed one single bit in about a year. Until PIF can demonstrate that they're a separate entity from KSA the sale will remain unapproved. Whether De Marco can go some way to prove that, remains to be seen. He'll need to be a miracle worker to be able to deny what seems very much blatant.

 

 

 

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This is as dead as a dodo, despite what the mentalists on here say.

PIF is not a separate entity to KSA. MBS is the fucking chairman for fucks sake. Thats the grounds on which the takeover has been rejected and thats the grounds on which the takeover will continue to not be approved.

EDIT: fwiw, I find absolutely no joy in this whatsoever as NUFC are as good as dead without it.

 

Not to start going around in circles again but the takeover was never rejected. That's the whole issue with this sorry saga. The PL have allowed this to drag on by not laying their own laws down and putting an end to it.

I keep saying the same thing to some of the knackers on here.  The Premier League neither rejected or accepted the takeover.  They did f#ck all.  That's the whole point of Ashley taking them to task.  Because Masters and his mates REFUSED to make a decision without any given reason.

Who says thats even the process?

I think, in order to approve the sale the PL asked PIF to provide 'XYZ' in relation to MBS and PIF and PIF failed to do so. As such, the sale was never approved, but as the PL didnt receive 'XYZ' they didn't have grounds to reject it either.

As far as I can see, despite bluster, buyer confidence and loads of bread, the situation hasn't changed one single bit in about a year. Until PIF can demonstrate that they're a separate entity from KSA the sale will remain unapproved. Whether De Marco can go some way to prove that, remains to be seen. He'll need to be a miracle worker to be able to deny what seems very much blatant.

 

I didn't think it had anything to do with the sale of the club, only the Owners and Directors test. I thought that was the final hurdle that had to be jumped.

The buyers appear to have not been able to pass it but instead of the PL saying "Sorry, you haven't provided the necessary qualifying evidence in the required time frame therefore you have failed the test", they've just let it drag on and on.

I mean, they are a terrible organisation so it's feasible, but it doesn't seem a very good practice for a multi billion pound organisation to not have a proper closing process to this kind of test. It seems to be either you pass it, or is just sits in a filing tray forever.

 

Unless the time frame is about five years of course :lol:

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This is as dead as a dodo, despite what the mentalists on here say.

PIF is not a separate entity to KSA. MBS is the fucking chairman for fucks sake. Thats the grounds on which the takeover has been rejected and thats the grounds on which the takeover will continue to not be approved.

EDIT: fwiw, I find absolutely no joy in this whatsoever as NUFC are as good as dead without it.

Not to start going around in circles again but the takeover was never rejected. That's the whole issue with this sorry saga. The PL have allowed this to drag on by not laying their own laws down and putting an end to it.

Didn't they claim they were awaiting requested information. And then PIF announced they were pulling out.

My best guess [because that's what it is] is that they requested information that PIF weren't prepared to divulge. Perhaps information that, in their opinion, they have no right to request. Could well be a stalemate.

 

They did but for a test that is supposed to take 2-4 weeks, you'd think that their internal process would be set that if the necessary information isn't provided within a reasonable time frame, then the test would be rejected and not just left open forever until someone comes up with something.

 

Supposed to take 2-4 weeks if things go as planned. I'm sure I read in somebody's quote of the process, that they get 5 days to respond to requests for information, but [and I'm not 100% on this] I remember also reading about eventualities that can reset the clock.

 

I assume that the PL were communicating with Ashley and I wouldn't put it past him to piss about.

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This is as dead as a dodo, despite what the mentalists on here say.

PIF is not a separate entity to KSA. MBS is the fucking chairman for fucks sake. Thats the grounds on which the takeover has been rejected and thats the grounds on which the takeover will continue to not be approved.

EDIT: fwiw, I find absolutely no joy in this whatsoever as NUFC are as good as dead without it.

 

Not to start going around in circles again but the takeover was never rejected. That's the whole issue with this sorry saga. The PL have allowed this to drag on by not laying their own laws down and putting an end to it.

I keep saying the same thing to some of the knackers on here.  The Premier League neither rejected or accepted the takeover.  They did f#ck all.  That's the whole point of Ashley taking them to task.  Because Masters and his mates REFUSED to make a decision without any given reason.

Who says thats even the process?

I think, in order to approve the sale the PL asked PIF to provide 'XYZ' in relation to MBS and PIF and PIF failed to do so. As such, the sale was never approved, but as the PL didnt receive 'XYZ' they didn't have grounds to reject it either.

As far as I can see, despite bluster, buyer confidence and loads of bread, the situation hasn't changed one single bit in about a year. Until PIF can demonstrate that they're a separate entity from KSA the sale will remain unapproved. Whether De Marco can go some way to prove that, remains to be seen. He'll need to be a miracle worker to be able to deny what seems very much blatant.

 

I didn't think it had anything to do with the sale of the club, only the Owners and Directors test. I thought that was the final hurdle that had to be jumped.

The buyers appear to have not been able to pass it but instead of the PL saying "Sorry, you haven't provided the necessary qualifying evidence in the required time frame therefore you have failed the test", they've just let it drag on and on.

I mean, they are a terrible organisation so it's feasible, but it doesn't seem a very good practice for a multi billion pound organisation to not have a proper closing process to this kind of test. It seems to be either you pass it, or is just sits in a filing tray forever.

 

Unless the time frame is about five years of course :lol:

 

A terrible organisation vs Ashley. We never really had any right to expect this to be straightforward.

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Meanwhile in China a mass imprisonment of a whole race is underway and not a whiff of concern is raised by the rest of the world.

 

I mean it literally is, unless you don't ever read anything/watch TV.

 

What Chinese investment funds with links to the government are trying to buy a football club?

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Meanwhile in China a mass imprisonment of a whole race is underway and not a whiff of concern is raised by the rest of the world.

 

I mean it literally is, unless you don't ever read anything/watch TV.

 

What Chinese investment funds with links to the government are trying to buy a football club?

 

It was more the furore around PIF in relation to ongoing issues around the globe of much higher concern.

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