Ankles Bennett Posted May 16, 2021 Share Posted May 16, 2021 It's paytently obvious that Ashley arguing that the failure of the EPL to approve the change in ownership has denied the fans the takeover we deserve, is simply another lever to use against the EPL. Its simply pointing out that its not just Ashley who is disappointed at the failed takeover, its the hundreds of thousands of fans, and it puts the EPL in a poor light denying us the chance of competing with the big 6!!! Link to post Share on other sites More sharing options...
GWN Posted May 16, 2021 Share Posted May 16, 2021 Howay the takeover, it will keep me going over summer 2021 Link to post Share on other sites More sharing options...
Jackie Broon Posted May 16, 2021 Share Posted May 16, 2021 On the topic of separation I didn't realise that NUST had released their barrister's letter to the PL, which was kept private at the time. "The KSA PIF board is responsible for ‘the long-term strategy for the fund, approves the business plan and the annual budget, PIF’s organization and governance structures, investment pools, and major investment decisions’. The KSA PIF’s ‘Program 2018-2020’ identifies the KSA PIF’s ‘Funding Sources’ and ‘Governance and Operating Model’, which indicates that the KSA PIF is an entity separate to the KSA system of government. Further, Qatari- and the KSA-based lawyers have reviewed the KSA’s laws applicable to the KSA PIF to advise that the KSA PIF is a separate legal entity to the KSA system of government." https://nufctrust.co.uk/wp-content/uploads/2020/07/NUST-Letters-with-PL.pdf Link to post Share on other sites More sharing options...
Fantail Breeze Posted May 16, 2021 Share Posted May 16, 2021 34 minutes ago, Joey Linton said: https://www.chroniclelive.co.uk/sport/football/football-news/newcastle-united-fa-cup-final-20608316 Like that Incredible An article about another club’s success. Link to post Share on other sites More sharing options...
FloydianMag Posted May 16, 2021 Share Posted May 16, 2021 31 minutes ago, GWN said: Howay the takeover, it will keep me going over summer 2021 Might as well focus on the takeover as I’ll bet jack shit will happen during the transfer window. Link to post Share on other sites More sharing options...
Fantail Breeze Posted May 16, 2021 Share Posted May 16, 2021 4 minutes ago, FloydianMag said: Might as well focus on the takeover as I’ll bet jack shit will happen during the transfer window. Almost like that’s the whole plan... again. Link to post Share on other sites More sharing options...
Mattoon Posted May 16, 2021 Share Posted May 16, 2021 Some people are relentless arseholes just for the bites aren't they? Little miniature Luke Edwards' running around the forum. Fwiw Ashley's and our agenda line up for once and it's ok to be ok with that, so long as if it all falls through we go back to being mortal enemies and if it passes he can be derided and hated and not lauded for doing what suits him best just because it aligns with our wishes. Link to post Share on other sites More sharing options...
Dr Jinx Posted May 16, 2021 Share Posted May 16, 2021 Aye, I’m not worried about what Mike Ashley might or might not do. Cross that bridge if we ever come to it. My take on it is there’s more to this deal for him than the 300 million. I’m sure there would have been other takers that could have scraped up the money if that’s all he was after. It seems it’s very genuine this time that he’s fighting our corner on this, even if he’s doing it for other reasons. I also think the way the supporters have shown they want KSA PIF at the club has formed a bond in terms of them waiting for this deal to happen. It certainly hasn’t gone unnoticed with them. Link to post Share on other sites More sharing options...
robbo_11 Posted May 16, 2021 Share Posted May 16, 2021 1 hour ago, Jackie Broon said: On the topic of separation I didn't realise that NUST had released their barrister's letter to the PL, which was kept private at the time. "The KSA PIF board is responsible for ‘the long-term strategy for the fund, approves the business plan and the annual budget, PIF’s organization and governance structures, investment pools, and major investment decisions’. The KSA PIF’s ‘Program 2018-2020’ identifies the KSA PIF’s ‘Funding Sources’ and ‘Governance and Operating Model’, which indicates that the KSA PIF is an entity separate to the KSA system of government. Further, Qatari- and the KSA-based lawyers have reviewed the KSA’s laws applicable to the KSA PIF to advise that the KSA PIF is a separate legal entity to the KSA system of government." https://nufctrust.co.uk/wp-content/uploads/2020/07/NUST-Letters-with-PL.pdf This will come down to semantics, but I didn't realise this was the response to NUST from Masters where he refers to PIF as a company. Link to post Share on other sites More sharing options...
gdm Posted May 16, 2021 Share Posted May 16, 2021 (edited) 3 hours ago, Happinesstan said: You're one of the first to complain when people talk utter crap in the positive thread. He’s the biggest troll on here but coz he’s positive he gets away with it. Edited May 16, 2021 by gdm Link to post Share on other sites More sharing options...
FloydianMag Posted May 16, 2021 Share Posted May 16, 2021 3 minutes ago, gdm said: He’s the biggest troll on here but coz he’s positive he gets away with it. I’d rather be happy and positive than negative and bitter??♂️ Link to post Share on other sites More sharing options...
andyc35i Posted May 16, 2021 Share Posted May 16, 2021 2 hours ago, Jackie Broon said: On the topic of separation I didn't realise that NUST had released their barrister's letter to the PL, which was kept private at the time. "The KSA PIF board is responsible for ‘the long-term strategy for the fund, approves the business plan and the annual budget, PIF’s organization and governance structures, investment pools, and major investment decisions’. The KSA PIF’s ‘Program 2018-2020’ identifies the KSA PIF’s ‘Funding Sources’ and ‘Governance and Operating Model’, which indicates that the KSA PIF is an entity separate to the KSA system of government. Further, Qatari- and the KSA-based lawyers have reviewed the KSA’s laws applicable to the KSA PIF to advise that the KSA PIF is a separate legal entity to the KSA system of government." https://nufctrust.co.uk/wp-content/uploads/2020/07/NUST-Letters-with-PL.pdf That’s a really well written letter I have to say and I never saw it last year. It really leaves me in no doubt that we have been royally fucked over here. PIF is a separate legal entity according to the laws in place and it is operated for the benefit of the KSA, but not by the KSA. That’s the public business line and how the PL can presume this is wrong is based on no actual evidence. This whole thing is just laughable and there’s clearly cloak and dagger bollocks going on here Link to post Share on other sites More sharing options...
gdm Posted May 16, 2021 Share Posted May 16, 2021 (edited) 15 minutes ago, FloydianMag said: I’d rather be happy and positive than negative and bitter??♂️ Nothing at all wrong with being positive there are plenty on here that’s positive that don’t repeat themselves constantly Edited May 16, 2021 by gdm Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted May 16, 2021 Share Posted May 16, 2021 9 minutes ago, andyc35i said: That’s a really well written letter I have to say and I never saw it last year. It really leaves me in no doubt that we have been royally fucked over here. PIF is a separate legal entity according to the laws in place and it is operated for the benefit of the KSA, but not by the KSA. That’s the public business line and how the PL can presume this is wrong is based on no actual evidence. This whole thing is just laughable and there’s clearly cloak and dagger bollocks going on here TBF, being a separate legal entity is great but it doesn’t mean the state don’t pull the strings in reality. Link to post Share on other sites More sharing options...
FloydianMag Posted May 16, 2021 Share Posted May 16, 2021 5 minutes ago, gdm said: Nothing at all wrong with being positive there are plenty on here that’s positive that don’t repeat themselves constantly And there are negative posters who constantly repeat themselves, it isn’t a one way street. Link to post Share on other sites More sharing options...
FloydianMag Posted May 16, 2021 Share Posted May 16, 2021 3 minutes ago, AyeDubbleYoo said: TBF, being a separate legal entity is great but it doesn’t mean the state don’t pull the strings in reality. It isn’t about what the state may or may not do, it’s about separation of PIF which appears to have been established. Link to post Share on other sites More sharing options...
Fantail Breeze Posted May 16, 2021 Share Posted May 16, 2021 3 minutes ago, AyeDubbleYoo said: TBF, being a separate legal entity is great but it doesn’t mean the state don’t pull the strings in reality. You could argue that about any organisation though, couldn’t you? I.e. do Russia have control over Chelsea with how bent they are and how close Abramovich is to Putin? The PL’s thought process that MBS will care about the minute detail of what happens in Newcastle has always confused me. I’m not even sure PIF will be that hands on and are more providing the finance for Staveley to run the show while they get some good press on the back of us being successful. Link to post Share on other sites More sharing options...
gdm Posted May 16, 2021 Share Posted May 16, 2021 (edited) 9 minutes ago, FloydianMag said: And there are negative posters who constantly repeat themselves, it isn’t a one way street. I know it’s almost like I was referring to that in my original post Point I was making was negative ones like Sean, penn etc rightly get hammered for it but the relentless positive ones get away with it. Human nature I suppose people naturally would rather hear/read postive things Edited May 16, 2021 by gdm Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted May 16, 2021 Share Posted May 16, 2021 4 minutes ago, FloydianMag said: It isn’t about what the state may or may not do, it’s about separation of PIF which appears to have been established. Not quite from what I understand. The test says something about anyone that might have the influence of a director who might not have been declared. Or something like that. I don’t think it’s just legal separation you need. Someone could be legally separate but still have influence that might qualify them. It’s a rule that’s open to biased application as well, of course. Link to post Share on other sites More sharing options...
andyc35i Posted May 16, 2021 Share Posted May 16, 2021 The shadow control thing always confuses me. You could argue that there’s so many different people that exert control over the business and I don’t see how you test this. It’s obvious to me (and anyone that has followed this thing over the last year) that they are using this to try and link everything to piracy Link to post Share on other sites More sharing options...
Robster Posted May 16, 2021 Share Posted May 16, 2021 27 minutes ago, AyeDubbleYoo said: TBF, being a separate legal entity is great but it doesn’t mean the state don’t pull the strings in reality. It's phenomenally ironic that the PL a might snag the Takeover because of concerns over outside influences Link to post Share on other sites More sharing options...
Ankles Bennett Posted May 16, 2021 Share Posted May 16, 2021 It's all very well the EPL arguing that as head of state MBS should be a director and as such NUFC would be owned by the KSA, but judging by the volatile nature of KSA governance MBS could easily be deposed as head of state by the King in the same way the previous royal incumbent was deposed and replaced by MBS. So MBS would no longer be a representative of the KSA state. Would the EPL then demand that his royal replacement becomes a director of NUFC! I think not unless they want to cause an international incident. It's just nonsense that MBS should be a director before the O&D test can be concluded!!! Link to post Share on other sites More sharing options...
Jackie Broon Posted May 16, 2021 Share Posted May 16, 2021 (edited) 1 hour ago, andyc35i said: The shadow control thing always confuses me. You could argue that there’s so many different people that exert control over the business and I don’t see how you test this. It’s obvious to me (and anyone that has followed this thing over the last year) that they are using this to try and link everything to piracy Yeah, even if the PL can make a sound case that the KSA would control the club, it's the way they've gone about things that will be the main issue for the CAT case I think. The delays, refusing to make a formal decision, failure to distance themselves from the influence of beIN and other premier league clubs, the leaking of negative information. That makes it look like their decision was not fair and balanced. Plus the potential inconsistency when set against what they've required from Man City and Crystal Palace. Edited May 16, 2021 by Jackie Broon Link to post Share on other sites More sharing options...
andyc35i Posted May 16, 2021 Share Posted May 16, 2021 That’s where my positive thinking comes in here. I just don’t see how they can argue that they acted fairly when all things are considered. I also find it funny how they argue about shadow influence, when it’s quite clear to everyone that BeIN and the Big Six exerted influence on the PL process. I’m thinking that when the season ends, some serious conversations will take place to stop this continuing to drag on through an anti competition case. Link to post Share on other sites More sharing options...
Ben Posted May 16, 2021 Share Posted May 16, 2021 5 minutes ago, andyc35i said: That’s where my positive thinking comes in here. I just don’t see how they can argue that they acted fairly when all things are considered. I also find it funny how they argue about shadow influence, when it’s quite clear to everyone that BeIN and the Big Six exerted influence on the PL process. I’m thinking that when the season ends, some serious conversations will take place to stop this continuing to drag on through an anti competition case. The letter from Bein objecting to the move was a massive influence and Key's deleted tweets provide evidence that he knew what was going on. Link to post Share on other sites More sharing options...
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