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


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10 minutes ago, B-more Mag said:

Yep. Which creates a duty to publish, but doesn't necessarily mean that publishing a person as such, or not publishing them as such, has any effect on whether the person actually falls within the definition of "Director". 

I'm not saying it's right, or good, or perfect, or anything -- just that's how you can have a person be a "Director" without being a director.

which is why you don't try and buy a football club with the fucking public investment fund of saudi arabia! Get a loyal minion or other royal family member to do it like City then you can sportswash away without technically involving the crown prince and the baggage he brings 

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5 minutes ago, Pokerprince2004 said:

True Faith released a special podcast tonight with Alex Hurst, Mick Martin and some legal expert. The legal guy is 100% convinced this isnt about forcing a takeover but all about Ashley getting money. Worth a listen 

Did this guy suggest what level of compensation Ashley is looking for ? 
Surely getting the takeover done is all about Ashley getting his money.

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The PL wanted to reject it, the reason they didn’t was because of the political consequences. I believe that’s what they meant by unchartered territory.

The crux of the arbitration is whether they applied the rules correctly in their assessment. They are essentially ignoring a court ruling which states that PIF are an independent entity to trust their gut feeling that MBS is a person of significant influence. (they are not wrong.. of course he is) but whether they can provide a legal case for this that supersedes the original court ruling is the key here.

It’s a strong move from the club, I believe it’s massive pressure on the PL now that this info will be out in the open. It supports and adds weight to the arbitration case, in fact, the PL may not let this get to court and just let the club get what they want through an “arbitration decision”

But on the flip side it wound suggest that the arbitration itself is still early doors so we may well be quite a while off getting any sort of resolution on this

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32 minutes ago, Whitley mag said:

I’ve had a grip all along thanks.

'uncomfortable truth' ..... ' chin up'.

You're going on as if people don't want good news.  If it goes through, most people on here will be happy.... while you sit there telling everyone 'I told you so' most people will be celebrating.

 

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2 hours ago, Wilson said:

'uncomfortable truth' ..... ' chin up'.

You're going on as if people don't want good news.  If it goes through, most people on here will be happy.... while you sit there telling everyone 'I told you so' most people will be celebrating.

 

Agree, anyone who doesn’t want this is not a Newcastle fan, unless they are genuinely in their beliefs against Saudi ownership and can’t set those beliefs aside. Don’t necessarily agree, but I can understand the reasons. The scale of how this will play out is certainly open to opinion and I can understand for and against points of view on the likelihood of this coming to fruition and the takeover proceeding. Myself, I’m at 50/50 as I don’t really know what the legal process will involve and how it will play out. I am also not (as nobody is except those involved) privilege to the data and information the legal team (or should I say teams now after today’s news) holds to push ahead their legal arguments. We will just have to wait and see how it plays out, but today’s developments were certainly very interesting.

 

 

Edited by et tu brute

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I’ve been optimistic throughout all of this but I’m now of the opinion that it’s dead in the water. We’re gonna be seeing Tweets from this Keith guy all summer and appearances on Wraiths podcast all summer with bits of news here and there as per usual. It was March, then April then the summer and eventually we’ll hear it won’t be done by the start of the season then it’ll be before the end of the year and it’ll roll on and on. It’s fucking bullshit and I’m sick of it. Ashley will still be here this time next year and Bruce probably will be as well. 
 

It’s time to get back to protesting against Ashley and Bruce and forget about this bloody thing.

 

 

Edited by Decky

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4 hours ago, et tu brute said:

Agree, anyone who doesn’t want this is not a Newcastle fan, unless they are genuinely in their beliefs against Saudi ownership and can’t set those beliefs aside. Don’t necessarily agree, but I can understand the reasons. 

I don't know any more; I had reconciled the Saudi thing in my head without too much difficulty but as we went through the ESL shambles a couple of weeks ago, part of me got thinking that I would rather stay poor and irrelevant and not become one of 'them' tbh, because we absolutely would.

Would probably be ok with it for a while, all the same :lol: :shifty:

 

 

Edited by OpenC

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5 hours ago, Wilson said:

'uncomfortable truth' ..... ' chin up'.

You're going on as if people don't want good news.  If it goes through, most people on here will be happy.... while you sit there telling everyone 'I told you so' most people will be celebrating.

 

Come on I could bump a few posts on here that have derided Keith on here the last few months. Most on here have him down as a gob shite who was doing and knew fuck all.
 

It’s turned out somewhat different though hasn’t it. He was working closely with the club throughout and as it’s turned out the anti competition case will be used as a means to get disclosure and hopefully yes a settlement.

He’ll get no credit on here even last night proved that, but yes the majority will celebrate when this is announced. In no small thanks to a massive part played by Keith Patterson and Gordon Stein.

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Lawyer on true faith podcast reckons this is all about Ashley looking for compensation 

any one there getting a bit giddy should listen to it and calm down 

 

 

Edited by gdm

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19 minutes ago, gdm said:

Lawyer on true faith podcast reckons this is all about Ashley looking for compensation 

any one there getting a bit giddy should listen to it and calm down 

The club will have lost a shit load of money this year and I'm sure he'll want that back, even if (big if) the takeover does happen.

Separate issues but both included in the claim. 

 

 

Edited by Hhtoon

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45 minutes ago, Whitley mag said:

Come on I could bump a few posts on here that have derided Keith on here the last few months. Most on here have him down as a gob shite who was doing and knew fuck all.
 

It’s turned out somewhat different though hasn’t it. He was working closely with the club throughout and as it’s turned out the anti competition case will be used as a means to get disclosure and hopefully yes a settlement.

He’ll get no credit on here even last night proved that, but yes the majority will celebrate when this is announced. In no small thanks to a massive part played by Keith Patterson and Gordon Stein.

He posted about a "bomb" on the 24th or so and this case was entered on the 22nd. Could be a coincidence but it's very good timing if it was! At the least it appears he does have some ITK...

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Looking a lot like a last throw of the dice or the start of compo. 
keith said himself that it would he better if it never got as far as the “bomb”

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1 hour ago, Whitley mag said:

Come on I could bump a few posts on here that have derided Keith on here the last few months. Most on here have him down as a gob shite who was doing and knew fuck all.
 

It’s turned out somewhat different though hasn’t it. He was working closely with the club throughout and as it’s turned out the anti competition case will be used as a means to get disclosure and hopefully yes a settlement.

He’ll get no credit on here even last night proved that, but yes the majority will celebrate when this is announced. In no small thanks to a massive part played by Keith Patterson and Gordon Stein.

That's not what he's said Keith, read it again.

However... #justice4keith

 

 

Edited by Shearergol

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As much as we enjoy to speculate,  we're still in the dark as to how this fits into the larger legal strategy. It could be as simple as Ashley trying to reclaim some cash, it might not. It's certainly an interesting development though.

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Obviously Ashley will take a payout if possible. I think given how far a long the Saudi deal was it’s quite evident he wants to sell. 
 

I doubt he cares who to as long as he can get his valuation. 

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56 minutes ago, RS said:

Looking a lot like a last throw of the dice or the start of compo. 
keith said himself that it would he better if it never got as far as the “bomb”

Wasn't it said at the very onset that the club were approaching this from a number of avenues?

 

I don't see it as a last throw of the dice, its bringing option b to the table now to support option a

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Unrelated and you can't really read anything into my experience (as SGTF said yesterday), but I personally don't think a new avenue being pursued is indicative of the failure of an earlier one.  When I get cases from legals, I tend to get it all at once, or just as things arise.  I can't think of any circumstance where I've batted away one part of a claim only to be met with "ah-ha! perhaps you win this round but you didn't consider this completely separate issue which I'm now bringing into play". 

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8 hours ago, Wilson said:

'uncomfortable truth' ..... ' chin up'.

You're going on as if people don't want good news.  If it goes through, most people on here will be happy.... while you sit there telling everyone 'I told you so' most people will be celebrating.

 

This is what pisses me off about forums. People will go on for months and months, beating some wrong opinion and deriding others along the way. Then when it turns out they were talking shite, they don’t have the grace to say “sorry, I was wrong.” It’s “oh, here he is... I told you so.” I’ve seen it a million times. 

 

 

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