McCormick Posted March 10, 2021 Share Posted March 10, 2021 Shouldn't have said "dead in the water" tbh, as it was a bit of an exaggerated/ emotive take on what I've been hearing. From what information I've been privvy to, PIF do not see this as a 'priority deal' and their interest in this is wearing very thin. A quick and successful arbritration result may help of course but the general impression is that this deal is highly unlikely to go ahead. Link to post Share on other sites More sharing options...
Ashley17 Posted March 10, 2021 Share Posted March 10, 2021 Shouldn't have said "dead in the water" tbh, as it was a bit of an exaggerated/ emotive take on what I've been hearing. From what information I've been privvy to, PIF do not see this as a 'priority deal' and their interest in this is wearing very thin. A quick and successful arbritration result may help of course but the general impression is that this deal is highly unlikely to go ahead. Didn’t you say the same thing a number of months ago though? I guess we aren’t actually any further forward since then! Link to post Share on other sites More sharing options...
RS Posted March 10, 2021 Share Posted March 10, 2021 Good to have a man on the inside. Link to post Share on other sites More sharing options...
Shearergol Posted March 10, 2021 Share Posted March 10, 2021 Dead in the water, so I've been told OK. We may get answers but the PIF won't be back in; there are way too many economic challenges happening in the country right now to engage in a vanity project like this. I doubt PIF have any interest in being back in tbh. This is probably just a PR exercise and/or Ashley being petty (perhaps justifiably in this instance) and fishing for compensation for what's gone down. All I know is that a lot of larger scale PIF projects that I have close ties to have lost funding. In a global downturn cash and liquid assets are key to steadying the economy. I just don't see it being feasible, but hope to be proven wrong. Have to agree with Penn on this. What would the ROI's be in this deal? I'm sure there are more fruitful investment opportunities to be had with that 300m that aren't fraught with political issues and intense foreign scrutiny. I'm gonna add you to the list of people who pretend to be ITK. Thanks. Link to post Share on other sites More sharing options...
Happinesstan Posted March 10, 2021 Share Posted March 10, 2021 Ben's usually a fair account So, if they buy Inter, the case will be dropped. The only two words of that which are worthy of consideration is "my understanding" Link to post Share on other sites More sharing options...
McCormick Posted March 10, 2021 Share Posted March 10, 2021 Dead in the water, so I've been told OK. We may get answers but the PIF won't be back in; there are way too many economic challenges happening in the country right now to engage in a vanity project like this. I doubt PIF have any interest in being back in tbh. This is probably just a PR exercise and/or Ashley being petty (perhaps justifiably in this instance) and fishing for compensation for what's gone down. All I know is that a lot of larger scale PIF projects that I have close ties to have lost funding. In a global downturn cash and liquid assets are key to steadying the economy. I just don't see it being feasible, but hope to be proven wrong. Have to agree with Penn on this. What would the ROI's be in this deal? I'm sure there are more fruitful investment opportunities to be had with that 300m that aren't fraught with political issues and intense foreign scrutiny. I'm gonna add you to the list of people who pretend to be ITK. Thanks. feel free. Link to post Share on other sites More sharing options...
McCormick Posted March 10, 2021 Share Posted March 10, 2021 My apologies guys, seeing my posts back to back like that in ShearerGol's post is genuinely enlightening. Really didn't realize that all I've been doing is shitting on this for months Link to post Share on other sites More sharing options...
Candi_Hills Posted March 10, 2021 Share Posted March 10, 2021 I'm now pessimistic about this deal. When the patter was that KSA were about to sort out the Bein issues I was fairly confident. Now that we're doing plan B and it's acknowledged that we might lose, I can't see us not losing. From the logical and legal persepctives I'm sure we have a great chance. NUFCically we have no chance. All this stuff about the deal being dead right now is bollocks though. Amanda wants to buy and Mike wants to sell. They'll try. I wouldn't be surprised at all to see KSA buy another British club a couple of years down the line without a hitch. "The sale of Manchester United was given the green light after Mohammed bin Salman hand wrote a letter to the Premier League using the sacred ink of Mecca ensuring that he has nothing to do with PIF." Link to post Share on other sites More sharing options...
Shearergol Posted March 10, 2021 Share Posted March 10, 2021 My apologies guys, seeing my posts back to back like that in ShearerGol's post is genuinely enlightening. Really didn't realize that all I've been doing is shitting on this for months Don't get me wrong, I'm pretty pessimistic about this myself. As much as I want it to happen, and I do honestly believe ALL buying and selling parties want it to happen, the main obstacle will never be removed. However, I really don't believe that anyone, from the ultra positive to the ultra negative really have a clue. It's all speculation and it'll all play out behind closed doors. Link to post Share on other sites More sharing options...
LFEE Posted March 10, 2021 Share Posted March 10, 2021 Sounds like we wasted about 4 months challenging the neutral arbitrator, and are now considering wasting even more time appealing that failure. Nobody seems to fully understand the strategy - that third arbitrator was selected in the normal way and confirmed he was neutral. The problem is he isn’t entirely neutral after they disclosed who he’d previously worked for (The EPL implementing the changes to the O&D test) Link to post Share on other sites More sharing options...
Consortium of one Posted March 10, 2021 Share Posted March 10, 2021 I keep looking for glimmers of hope amongst all the stuff posted. I think only a handful of people really know what's going on and none of them post here Link to post Share on other sites More sharing options...
Minhosa Posted March 10, 2021 Share Posted March 10, 2021 I'm now pessimistic about this deal. When the patter was that KSA were about to sort out the Bein issues I was fairly confident. Now that we're doing plan B and it's acknowledged that we might lose, I can't see us not losing. From the logical and legal persepctives I'm sure we have a great chance. NUFCically we have no chance. All this stuff about the deal being dead right now is bollocks though. Amanda wants to buy and Mike wants to sell. They'll try. I wouldn't be surprised at all to see KSA buy another British club a couple of years down the line without a hitch. "The sale of Manchester United was given the green light after Mohammed bin Salman hand wrote a letter to the Premier League using the sacred ink of Mecca ensuring that he has nothing to do with PIF." That was hinted at in last weeks Sunday Times tbf that they'd end up with Man Utd. Link to post Share on other sites More sharing options...
The Prophet Posted March 10, 2021 Share Posted March 10, 2021 Can we once and for all put this fallacy to bed that Ashley is just out for damages? How many journalists have to disregard it before people stop using it to shine a negative light on the arbitration proceedings? It might not be his preferred outcome but it doesn't mean it isn't a possibility. Link to post Share on other sites More sharing options...
Shearergol Posted March 10, 2021 Share Posted March 10, 2021 Sounds like we wasted about 4 months challenging the neutral arbitrator, and are now considering wasting even more time appealing that failure. Nobody seems to fully understand the strategy - that third arbitrator was selected in the normal way and confirmed he was neutral. The problem is he isn’t entirely neutral after they disclosed who he’d previously worked for (The EPL implementing the changes to the O&D test) He's also worked against them. He'll be neutral, don't worry. That's not the concern Link to post Share on other sites More sharing options...
Jackie Broon Posted March 10, 2021 Share Posted March 10, 2021 Can we once and for all put this fallacy to bed that Ashley is just out for damages? How many journalists have to disregard it before people stop using it to shine a negative light on the arbitration proceedings? I wasn't saying that, I was just pointing out that were the deal now dead (not saying that I think it is, or that it was reason for starting the arbitration process), it would be a reason for Ashley to want to continue with the arbitration process. Link to post Share on other sites More sharing options...
Thumbheed Posted March 10, 2021 Share Posted March 10, 2021 Is there a set time frame for a decision to be reached? Is it safe to say we'll know exactly where we stand in a certain period of time? Link to post Share on other sites More sharing options...
Happinesstan Posted March 10, 2021 Share Posted March 10, 2021 Is there a set time frame for a decision to be reached? Is it safe to say we'll know exactly where we stand in a certain period of time? It's my understanding that this could be the case. Link to post Share on other sites More sharing options...
nbthree3 Posted March 10, 2021 Share Posted March 10, 2021 https://www.chroniclelive.co.uk/sport/football/football-news/newcastle-takeover-relegated-what-happens-20045846 "As reported on Monday on Chronicle Live, the time scale is unclear in terms of a final decision from Ashley's court battle, although some observers believe it could drag on, even into 2022 if there were unforeseen delays." Alternatively - we are probably not appealing which puts the wheels in motion fairly soon for arbitration to start (yes PIF and Inter is a minority stake like he said earlier, not majority like with us. They want value, not vanity crucially which the thread mentions) Link to post Share on other sites More sharing options...
gdm Posted March 10, 2021 Share Posted March 10, 2021 Link to post Share on other sites More sharing options...
Ketsbaia Posted March 10, 2021 Share Posted March 10, 2021 That cant be right - all the forum doom mongers excitedly said the deal is dead in the water. Link to post Share on other sites More sharing options...
Ben Posted March 10, 2021 Share Posted March 10, 2021 Rafa with a few quid, under new ownership, with fans back in the Championship would be fun Link to post Share on other sites More sharing options...
Chapo Posted March 10, 2021 Share Posted March 10, 2021 Delay you say? Link to post Share on other sites More sharing options...
HawK Posted March 10, 2021 Share Posted March 10, 2021 Rafa with a few quid, under new ownership, with fans back in the Championship would be fun Aye Link to post Share on other sites More sharing options...
GWN Posted March 11, 2021 Share Posted March 11, 2021 That cant be right - all the forum doom mongers excitedly said the deal is dead in the water. It makes life better. Link to post Share on other sites More sharing options...
The Prophet Posted March 11, 2021 Share Posted March 11, 2021 Doom mongers calling out doom mongers. Link to post Share on other sites More sharing options...
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