The Prophet Posted July 28, 2020 Share Posted July 28, 2020 This is all providing Edward's and BBC's source is correct. Link to post Share on other sites More sharing options...
nufcjb Posted July 28, 2020 Share Posted July 28, 2020 Thing is, there is no denial Link to post Share on other sites More sharing options...
Optimistic Nut Posted July 28, 2020 Share Posted July 28, 2020 I think if they were going to reject it, or going to walk away, they’d have done so by now like. Link to post Share on other sites More sharing options...
St1pe Posted July 28, 2020 Share Posted July 28, 2020 I just remembered the letter the NUST didn’t release to the fan base from the Premier League to open a professional dialogue with them. How’s that working out? Link to post Share on other sites More sharing options...
The Prophet Posted July 28, 2020 Share Posted July 28, 2020 Agreed Nut, they've had ample opportunity to do so already, yet here we are. People just need to be cool, calm and collected. Link to post Share on other sites More sharing options...
NE27 Posted July 28, 2020 Share Posted July 28, 2020 Been said before the league would have given a steer to The buyer before this all went into formal review. Which is by no means a commitment of approval; so the folks at the PL and their attorneys surely would know how a sovereign wealth fund operates - esp one like PIF for KSA. You have the Reuben family and top law firm like Freshfields on buyer side...Yet, now 4 months on and £17m non refundable deposit in escrow, the league has reversed this stance? With over 300 page business plan, proforma, structure and corporate resolutions? Still can’t figure it out? 4 months of back and forth dialogue? Still can’t figure it out? Strange. Yeah all a bit weird this. How can they possibly be so far down the line and not know the structure of the ownership. I understand people saying the buyers obviously are not supplying the right answers but sure to god they would've just rejected this if after 3/4 months they havnt had a simple answer to this. If it couldn't even get past the basic structure of the takeover why even entertain anything else Link to post Share on other sites More sharing options...
OpenC Posted July 28, 2020 Share Posted July 28, 2020 Agreed Nut, they've had ample opportunity to do so already, yet here we are. People just need to be cool, calm and collected. Link to post Share on other sites More sharing options...
merlin Posted July 28, 2020 Share Posted July 28, 2020 Who cares what Ashley does if this takeover fails, really? He owns a mid-table/relegation struggling football club which he continuously neglect and asset strips. Covid-19 prevents supporters to attend matches, and I highly doubt it will change much in the nex year+, and by that time Newcastle will be relegated at worst, scrapping by at best. All this affects the interest in Newcastle and EPL. This is actually a perfect time to let go if you find yourself being done with the club over and over again, but struggle to make it a thing of the past. So imho the takeover is crucial. I promised myself I would never return to post on this site several years ago but I am going to break this rule for once because the fiasco that this takeover has become warrants it. You make a really good point with your post and it is undoubtedly now shared by a large and growing number of disillusioned fans of NUFC. It is bad enough that such a wealthy prospective owner is being messed around in what looks like a determined attempt by the PL to deter them but what really sticks in many fans' craw is that there may be a very good chance that the obstacles being placed on the takeover are being pushed by a group of powerful clubs who have a vested interest in preventing NUFC from gatecrashing their gravy train party. Despite what some think, NUFC is the ONLY club from a group who should be challenging the Top 6 which can grow to the extent of challenging ALL the supposed 'Top' clubs ; think back to the 20,000 on the waiting list for STs when SJH and KK were running the club when SJP was regularly packed to the rafters and think also of how things could be given the almost limitless wealth of the PFI - new, larger stadium(which would be filled if we had anything like the success of Liverpool, Man City, Chelsea or Man U in the past), competing eventually for world's top players and thereby making it difficult for Real Madrid, Bayern, Barca and the top English clubs to pile up the riches from CL football every season. Neither Everton, Wolves or Leicester would be able to match the attendances a successful NUFC could draw if they were given similar financial backing. This is why I do believe there are hidden reasons why the PL are agonizing over this takeover. Why would any thinking NUFC fan want to follow a club over the next few seasons that would probably be run in similar fashion to the past 13 years under Ashley ? Then add to that the fact that they suspect that the PL appears to be corrupt and run for the benefit of a few top clubs.....it would be pointless because you would be aware that nothing is going to change if it puts certain clubs' noses out of joint. I have followed the comments since the takeover was first mooted as I have on other sites and it is clear that many fans will not only desert NUFC next season but almost certainly football itself unless they choose to watch minor league sides - and who could blame them ? We shall see whether the PL wish to develop the game further or restrict it to those they favour. Link to post Share on other sites More sharing options...
TRon Posted July 28, 2020 Share Posted July 28, 2020 I've got a feeling they haven't got the balls to outright refuse this but are constantly changing the goal posts so the Saudis just say enough is enough and walk away. Had that feeling for a while now, moreso since Rick Masters commented publicly on it, something about his tone smacked of misplaced arrogance. It's a good tactic tbf, the Saudis aren't the types who will show unlimited patience, they carry around a fair bit of arrogance themselves. At some point they'll probably say fuck this, we'll spend our billions somewhere else. Link to post Share on other sites More sharing options...
Guest chopey Posted July 28, 2020 Share Posted July 28, 2020 I still think the Premier League want a firm commitment on the next TV deal for the MENA area Link to post Share on other sites More sharing options...
Minhosa Posted July 28, 2020 Share Posted July 28, 2020 This is all providing Edward's and BBC's source is correct. The source was the PL. They leaked it to recover some credibility/move the noise towards the buyers probably through frustration at getting insufficient/unclear data from the 3 sets of lawyers working the deal. The whole thing is a clusterfuck. Link to post Share on other sites More sharing options...
TRon Posted July 28, 2020 Share Posted July 28, 2020 Who cares what Ashley does if this takeover fails, really? He owns a mid-table/relegation struggling football club which he continuously neglect and asset strips. Covid-19 prevents supporters to attend matches, and I highly doubt it will change much in the nex year+, and by that time Newcastle will be relegated at worst, scrapping by at best. All this affects the interest in Newcastle and EPL. This is actually a perfect time to let go if you find yourself being done with the club over and over again, but struggle to make it a thing of the past. So imho the takeover is crucial. I promised myself I would never return to post on this site several years ago but I am going to break this rule for once because the fiasco that this takeover has become warrants it. You make a really good point with your post and it is undoubtedly now shared by a large and growing number of disillusioned fans of NUFC. It is bad enough that such a wealthy prospective owner is being messed around in what looks like a determined attempt by the PL to deter them but what really sticks in many fans' craw is that there may be a very good chance that the obstacles being placed on the takeover are being pushed by a group of powerful clubs who have a vested interest in preventing NUFC from gatecrashing their gravy train party. Despite what some think, NUFC is the ONLY club from a group who should be challenging the Top 6 which can grow to the extent of challenging ALL the supposed 'Top' clubs ; think back to the 20,000 on the waiting list for STs when SJH and KK were running the club when SJP was regularly packed to the rafters and think also of how things could be given the almost limitless wealth of the PFI - new, larger stadium(which would be filled if we had anything like the success of Liverpool, Man City, Chelsea or Man U in the past), competing eventually for world's top players and thereby making it difficult for Real Madrid, Bayern, Barca and the top English clubs to pile up the riches from CL football every season. Neither Everton, Wolves or Leicester would be able to match the attendances a successful NUFC could draw if they were given similar financial backing. This is why I do believe there are hidden reasons why the PL are agonizing over this takeover. Why would any thinking NUFC fan want to follow a club over the next few seasons that would probably be run in similar fashion to the past 13 years under Ashley ? Then add to that the fact that they suspect that the PL appears to be corrupt and run for the benefit of a few top clubs.....it would be pointless because you would be aware that nothing is going to change if it puts certain clubs' noses out of joint. I have followed the comments since the takeover was first mooted as I have on other sites and it is clear that many fans will not only desert NUFC next season but almost certainly football itself unless they choose to watch minor league sides - and who could blame them ? We shall see whether the PL wish to develop the game further or restrict it to those they favour. Said this before myself although some people don't like hearing it. Big PL clubs hold a certain amount of clout with the officials, just seems naive to think otherwise. Anyway, nice to see you back mate, always thought you were a top poster. Link to post Share on other sites More sharing options...
Hudson Posted July 28, 2020 Share Posted July 28, 2020 Been said before the league would have given a steer to The buyer before this all went into formal review. Which is by no means a commitment of approval; so the folks at the PL and their attorneys surely would know how a sovereign wealth fund operates - esp one like PIF for KSA. You have the Reuben family and top law firm like Freshfields on buyer side...Yet, now 4 months on and £17m non refundable deposit in escrow, the league has reversed this stance? With over 300 page business plan, proforma, structure and corporate resolutions? Still can’t figure it out? 4 months of back and forth dialogue? Still can’t figure it out? Strange. Yeah all a bit weird this. How can they possibly be so far down the line and not know the structure of the ownership. I understand people saying the buyers obviously are not supplying the right answers but sure to god they would've just rejected this if after 3/4 months they havnt had a simple answer to this. If it couldn't even get past the basic structure of the takeover why even entertain anything else Was that not before Master took up his postion ? Noticed aswell that he only holds a interim postion at the PL Link to post Share on other sites More sharing options...
Dokko Posted July 28, 2020 Share Posted July 28, 2020 Agreed Nut, they've had ample opportunity to do so already, yet here we are. People just need to be cool, calm and collected. How long till you aren’t saying that, another 4 months? Link to post Share on other sites More sharing options...
JJ7 Posted July 28, 2020 Share Posted July 28, 2020 6 weeks until the season starts, the team is shite, the manager is worse and no decent player is going to join a club in this state. We're fucked. Link to post Share on other sites More sharing options...
Dokko Posted July 28, 2020 Share Posted July 28, 2020 6 weeks until the season starts, the team is shite, the manager is worse and no decent player is going to join a club in this state. We're fucked. Just stay cool, man. Spray some lynx Africa and it’ll all be ok. Link to post Share on other sites More sharing options...
TK-421 Posted July 28, 2020 Share Posted July 28, 2020 Thing is, there is no denial But, none of the buyers side have commented on any of the reports / rumours right through this whole thing, have they? Whether it be to refute an incorrect allegation or confirm a positive report? In contrast to the BZG alleged takeover where there were comments from people supposedly linked to it all over, the buying and selling side this time have kept quiet (unbelievably). Only things from KSA have been response to the WTO reports and announcements about tackling IP piracy, which were already issues prior to the takeover. Link to post Share on other sites More sharing options...
manorpark Posted July 28, 2020 Share Posted July 28, 2020 I've got a feeling they haven't got the balls to outright refuse this but are constantly changing the goal posts so the Saudis just say enough is enough and walk away. The Saudi's will NEVER do that, they are totally used to winning, and they intend to do so again! Also, it is not just the Saudi's, it is the Reuben Brothers and our own Amanda Staveley. Our new owners are ALL very capable people, and they will most certainly win in the end. Link to post Share on other sites More sharing options...
The Prophet Posted July 28, 2020 Share Posted July 28, 2020 Panicking isn't going to resolve the takeover, it takes as long as it takes. I'd happily take another four months of waiting if I get my club back. Link to post Share on other sites More sharing options...
TheInfiniteOdyssey Posted July 28, 2020 Share Posted July 28, 2020 I think if they were going to reject it, or going to walk away, they’d have done so by now like. I'm not concerned that the Premier League will outright reject it, it's more a case of them letting it run indefinitely that's the issue Link to post Share on other sites More sharing options...
merlin Posted July 28, 2020 Share Posted July 28, 2020 Who cares what Ashley does if this takeover fails, really? He owns a mid-table/relegation struggling football club which he continuously neglect and asset strips. Covid-19 prevents supporters to attend matches, and I highly doubt it will change much in the nex year+, and by that time Newcastle will be relegated at worst, scrapping by at best. All this affects the interest in Newcastle and EPL. This is actually a perfect time to let go if you find yourself being done with the club over and over again, but struggle to make it a thing of the past. So imho the takeover is crucial. I promised myself I would never return to post on this site several years ago but I am going to break this rule for once because the fiasco that this takeover has become warrants it. You make a really good point with your post and it is undoubtedly now shared by a large and growing number of disillusioned fans of NUFC. It is bad enough that such a wealthy prospective owner is being messed around in what looks like a determined attempt by the PL to deter them but what really sticks in many fans' craw is that there may be a very good chance that the obstacles being placed on the takeover are being pushed by a group of powerful clubs who have a vested interest in preventing NUFC from gatecrashing their gravy train party. Despite what some think, NUFC is the ONLY club from a group who should be challenging the Top 6 which can grow to the extent of challenging ALL the supposed 'Top' clubs ; think back to the 20,000 on the waiting list for STs when SJH and KK were running the club when SJP was regularly packed to the rafters and think also of how things could be given the almost limitless wealth of the PFI - new, larger stadium(which would be filled if we had anything like the success of Liverpool, Man City, Chelsea or Man U in the past), competing eventually for world's top players and thereby making it difficult for Real Madrid, Bayern, Barca and the top English clubs to pile up the riches from CL football every season. Neither Everton, Wolves or Leicester would be able to match the attendances a successful NUFC could draw if they were given similar financial backing. This is why I do believe there are hidden reasons why the PL are agonizing over this takeover. Why would any thinking NUFC fan want to follow a club over the next few seasons that would probably be run in similar fashion to the past 13 years under Ashley ? Then add to that the fact that they suspect that the PL appears to be corrupt and run for the benefit of a few top clubs.....it would be pointless because you would be aware that nothing is going to change if it puts certain clubs' noses out of joint. I have followed the comments since the takeover was first mooted as I have on other sites and it is clear that many fans will not only desert NUFC next season but almost certainly football itself unless they choose to watch minor league sides - and who could blame them ? We shall see whether the PL wish to develop the game further or restrict it to those they favour. Said this before myself although some people don't like hearing it. Big PL clubs hold a certain amount of clout with the officials, just seems naive to think otherwise. Anyway, nice to see you back mate, always thought you were a top poster. Many thanks for that, Tron - the feeling is mutual ! Link to post Share on other sites More sharing options...
xLiaaamx Posted July 28, 2020 Share Posted July 28, 2020 It's fine. The EFL will pass it through next may. Link to post Share on other sites More sharing options...
bhoywhonder Posted July 28, 2020 Share Posted July 28, 2020 6 weeks until the season starts, the team is shite, the manager is worse and no decent player is going to join a club in this state. We're fucked. Just stay cool, man. Spray some lynx Africa and it’ll all be ok. Nah, Voodoo. Or Java Any reason to crowbar in some Partridge to lighten the mood Link to post Share on other sites More sharing options...
Dokko Posted July 28, 2020 Share Posted July 28, 2020 It's fine. The EFL will pass it through next may. Shame administration would mean 12 PTs off next season and not this or I’d happily Take relegation now and rebuild in the championship with new owners. Might resolve the Bournemouth goal line issue as well. Link to post Share on other sites More sharing options...
Hhtoon Posted July 28, 2020 Share Posted July 28, 2020 This is all providing Edward's and BBC's source is correct. The source was the PL. They leaked it to recover some credibility/move the noise towards the buyers probably through frustration at getting insufficient/unclear data from the 3 sets of lawyers working the deal. The whole thing is a clusterfuck. Yeah, the buyers would have come out and disputed it if it was made up bollocks. Don't think the PL are totally at fault here. Link to post Share on other sites More sharing options...
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