Rosenrot Posted May 4, 2021 Share Posted May 4, 2021 15 minutes ago, Fantail Breeze said: You’re right, I think. Although I assume the O&D test would be a formality in the event that we won arbitration. Bear in mind that even if we win the arbitration proceedings, that doesn't mean the O&D test will be passed. The arbitrators may rule that we win on a procedural point, for example the PL didn't following process X, and thus the test should be conducted again. The test can be conducted again and still be rejected... Link to post Share on other sites More sharing options...
Dr Jinx Posted May 4, 2021 Share Posted May 4, 2021 9 minutes ago, Rosenrot said: Bear in mind that even if we win the arbitration proceedings, that doesn't mean the O&D test will be passed. The arbitrators may rule that we win on a procedural point, for example the PL didn't following process X, and thus the test should be conducted again. The test can be conducted again and still be rejected... My understanding is that this is the only point that muddies the waters as it were. They may well be openly discussing PL corruption right now but we’ll never know because it’s behind closed doors. There is nothing in the PL rules that state that other clubs have the power to block others from becoming competitive through wealthier owners so recent events will have to shine a light on that, I hope they have hard evidence of this. And I suppose they do, The Sheffield United chap who did an interview pretty much blew that whole situation open. Email correspondence would be better though. Link to post Share on other sites More sharing options...
Jackie Broon Posted May 4, 2021 Share Posted May 4, 2021 (edited) 49 minutes ago, Rosenrot said: Bear in mind that even if we win the arbitration proceedings, that doesn't mean the O&D test will be passed. The arbitrators may rule that we win on a procedural point, for example the PL didn't following process X, and thus the test should be conducted again. The test can be conducted again and still be rejected... That seems vanishingly unlikely since that we know the arbitration is determining whether or not the KSA meets the definition of taking control of the club and therefore should be included as a director. I'm pretty sure that the PL acknowledged in one of their statements that all of the proposed directors pass the test, it's only a matter of whether the KSA should be included as a director and undergo the test. Edited May 4, 2021 by Jackie Broon Link to post Share on other sites More sharing options...
Whitley mag Posted May 4, 2021 Share Posted May 4, 2021 Bird and Bird will be getting plenty of business out the PL, I wonder if Beloff is representing the PL in this case. Link to post Share on other sites More sharing options...
Ben Posted May 4, 2021 Share Posted May 4, 2021 Man U fans are becoming more vocal about the Saudis taking them over Link to post Share on other sites More sharing options...
TRon Posted May 4, 2021 Share Posted May 4, 2021 7 minutes ago, Ben said: Man U fans are becoming more vocal about the Saudis taking them over Of course they are. That was what the protests have been about all along, they don't give a shit about the ESL ditching English football, they will happily climb on board once they've got deeper pockets via middle eastern owners. Link to post Share on other sites More sharing options...
Dr Jinx Posted May 4, 2021 Share Posted May 4, 2021 12 minutes ago, Ben said: Man U fans are becoming more vocal about the Saudis taking them over It wouldn’t make sense for PIF or KSA in another route to do a deal like that. There’s very little value in it at this point. The reason PIF are on board with this is to take a 280m investment (80%) and turn it into something worth a billion. Link to post Share on other sites More sharing options...
Joe_F Posted May 4, 2021 Share Posted May 4, 2021 Not sure even the Saudis could afford £4bn in the present economic climate. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted May 4, 2021 Share Posted May 4, 2021 A major part of it is sportswashing though right? Which isn’t related to the purchase price or the future value. Link to post Share on other sites More sharing options...
Dr Jinx Posted May 4, 2021 Share Posted May 4, 2021 Just now, Joe_F said: Not sure even the Saudis could afford £4bn in the present economic climate. 4 billion and the guts of another billion on playing staff. They’d probably want another 500 million to upgrade Old Trafford. Link to post Share on other sites More sharing options...
TRon Posted May 4, 2021 Share Posted May 4, 2021 16 minutes ago, Dr Jinx said: It wouldn’t make sense for PIF or KSA in another route to do a deal like that. There’s very little value in it at this point. The reason PIF are on board with this is to take a 280m investment (80%) and turn it into something worth a billion. I think money aside, the Saudis would not want to look like opportunists chasing after Man U after pursuing NUFC for so long. They would put a lot of stock in the value of their word I imagine so would want to be seen as truly committed to the city and it's community. It wouldn't be a good look if they dropped everything once Man U came knocking. Link to post Share on other sites More sharing options...
Fantail Breeze Posted May 4, 2021 Share Posted May 4, 2021 Man Utd aren’t for sale though, are they? Link to post Share on other sites More sharing options...
snabelkabel Posted May 4, 2021 Share Posted May 4, 2021 6 minutes ago, TRon said: I think money aside, the Saudis would not want to look like opportunists chasing after Man U after pursuing NUFC for so long. They would put a lot of stock in the value of their word I imagine so would want to be seen as truly committed to the city and it's community. It wouldn't be a good look if they dropped everything once Man U came knocking. I wouldn’t bet on it. The media would just tell everyone how lovely owners man u have and that they got their number one target. Nufc bid would have been forgotten by everyone in less than a week (except us of course) Link to post Share on other sites More sharing options...
deejeck Posted May 4, 2021 Share Posted May 4, 2021 51 minutes ago, Whitley mag said: Bird and Bird will be getting plenty of business out the PL, I wonder if Beloff is representing the PL in this case. Not that I suppose it makes much difference, but that footnote on the Premier League financial documents about an ongoing issue could have been referring to this, and not our case? Link to post Share on other sites More sharing options...
Kanj Posted May 4, 2021 Share Posted May 4, 2021 The NUFC deal is the best way to deploy the most amount of capital and partner with local (PCP, RB) partners who could provide additional synergies locally and abroad. The PIF will want to see this through, assuming the league will allow them. In any case, they'd still have to pass the arbitration issue either via MA or with someone else to make this happen. Not to mention Man United is not for sale. Link to post Share on other sites More sharing options...
Candi_Hills Posted May 4, 2021 Share Posted May 4, 2021 (edited) 16 minutes ago, TRon said: I think money aside, the Saudis would not want to look like opportunists chasing after Man U after pursuing NUFC for so long. They would put a lot of stock in the value of their word I imagine so would want to be seen as truly committed to the city and it's community. It wouldn't be a good look if they dropped everything once Man U came knocking. Thank god the Saudis are image-conscious bastions of morality. They’ll drop us like a fart on the metro if Man U become available. Edited May 4, 2021 by Candi_Hills Link to post Share on other sites More sharing options...
Wandy Posted May 4, 2021 Share Posted May 4, 2021 36 minutes ago, TRon said: Of course they are. That was what the protests have been about all along, they don't give a shit about the ESL ditching English football, they will happily climb on board once they've got deeper pockets via middle eastern owners. Absolutely this. It was a combination of hating that the Glazers fleece the club and also that they can see, right before their eyes, that Man City are ever increasingly moving way ahead of them on every level. If they were still at the top of the tree there would not have been an ounce of protest. Link to post Share on other sites More sharing options...
TRon Posted May 4, 2021 Share Posted May 4, 2021 8 minutes ago, Fantail Breeze said: Man Utd aren’t for sale though, are they? There's been murmurs of it in the papers, it would take a bid of around £4bn allegedly. Although that sounds like bullshit admittedly. Link to post Share on other sites More sharing options...
Wandy Posted May 4, 2021 Share Posted May 4, 2021 5 minutes ago, Candi_Hills said: Thank god the Saudis are image-conscious bastions of morality. They’ll drop us like a fart on the metro if Man U become available. I really can't see the Glazers selling up. MUFC is a massive cash cow for them. Link to post Share on other sites More sharing options...
Candi_Hills Posted May 4, 2021 Share Posted May 4, 2021 The O&D papers are probably already stamped. Just need Glazer and MBS to sign at the bottom. Link to post Share on other sites More sharing options...
RS Posted May 4, 2021 Share Posted May 4, 2021 If the Saudis had agreed to buy any of the big six last year they would have been in charge by now. Blatantly obvious who runs the PL and pulling masters and co strings. Link to post Share on other sites More sharing options...
TRon Posted May 4, 2021 Share Posted May 4, 2021 4 minutes ago, Candi_Hills said: Thank god the Saudis are image-conscious bastions of morality. Their morality will look a lot different to ours, but I think they wouldn't want to give the impression that they are easy lays. In any case, with Amanda and the Ruebens on board I think they will stick with us if they are going to buy into the PL. Of course you would expect arrogant Man U fans to think if they click their fingers, the Saudis will drop everything and go running to the northwest. Link to post Share on other sites More sharing options...
FloydianMag Posted May 4, 2021 Share Posted May 4, 2021 4 minutes ago, TRon said: There's been murmurs of it in the papers, it would take a bid of around £4bn allegedly. Although that sounds like bullshit admittedly. If the Saudi did buy Manu they’d still have to pass the O&D test, if it went through without a hitch I’d presume Ashley would have the PL in court as quick as fuck. Link to post Share on other sites More sharing options...
James Posted May 4, 2021 Share Posted May 4, 2021 4 minutes ago, FloydianMag said: If the Saudi did buy Manu they’d still have to pass the O&D test, if it went through without a hitch I’d presume Ashley would have the PL in court as quick as fuck. Aye it would be so bad for so many people legally Link to post Share on other sites More sharing options...
Candi_Hills Posted May 4, 2021 Share Posted May 4, 2021 (edited) 17 minutes ago, FloydianMag said: If the Saudi did buy Manu they’d still have to pass the O&D test, if it went through without a hitch I’d presume Ashley would have the PL in court as quick as fuck. A billion in compensation for Ashley; F all for NUFC. Sounds about right. And by the way, if they've got their heads screwed on 300m for NUFC is a much better deal than 4bn for Salford Reds. International fans are not loyal like those daft legacy fans. Chinese and Indian kids aren't gonna want Man U gear when the oil tycoons start measuring their drills. I just hope Amanda has explained this to them. 300m acquistion + 500m on players over 3 years + 100m on infrastructure + 100m to buy Alnwick Castle for Rafa to live in = 1 billion and we're laughing Edited May 4, 2021 by Candi_Hills Link to post Share on other sites More sharing options...
Recommended Posts