Whitley mag Posted August 3, 2020 Share Posted August 3, 2020 The best angle here is undoubtedly the loss of investment in the region, if the govt can be pressurised they may lean on PL to reconsider this. They have prided themselves on Britain being open for business and this is investment in one of the poorest areas of the country. This is so much more than a football takeover and warrants govt intervention due to geopolitical and economic impact. Link to post Share on other sites More sharing options...
RodneyCisse Posted August 3, 2020 Share Posted August 3, 2020 Intriguing statement to make considering I don't think they have spoken about the takeover before. Probably because during the process everyone involved is supposed to stay quiet which no one seemed able to do. Link to post Share on other sites More sharing options...
Armchair Pundit Posted August 3, 2020 Share Posted August 3, 2020 Off to the positive takeover thread. This s***s on. No reason it shouldn't be on, other than the Premier League playing ostrich still... the dickheads Link to post Share on other sites More sharing options...
Shearergol Posted August 3, 2020 Share Posted August 3, 2020 Off to the positive takeover thread. This s***s on. No reason it shouldn't be on, other than the Premier League playing ostrich still... the dickheads And the main financial backers pulling out Link to post Share on other sites More sharing options...
Optimistic Nut Posted August 3, 2020 Share Posted August 3, 2020 They probably also see it as a profit making exercise too, like. If they have a 10% stake and PIF takeover, there’s a good chance we’ll be worth more in 5 years time. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted August 3, 2020 Share Posted August 3, 2020 Am I missing how the PL can approve it when the buyers have pulled out? Link to post Share on other sites More sharing options...
Dokko Posted August 3, 2020 Share Posted August 3, 2020 Off to the positive takeover thread. This s***s on. No reason it shouldn't be on, other than the Premier League playing ostrich still... the dickheads And the main financial backers pulling out They haven’t though, still officially the same place it was last week, with the PL. Link to post Share on other sites More sharing options...
Ikon Posted August 3, 2020 Share Posted August 3, 2020 It's clear that it was a tactical move to "withdraw" their bid to put some pressure on the PL. Doubt it''s gonna help though, but never say never. Just fucking make a decision for god's sake. Ignore ignore.. Link to post Share on other sites More sharing options...
loki679 Posted August 3, 2020 Share Posted August 3, 2020 The best angle here is undoubtedly the loss of investment in the region, if the govt can be pressurised they may lean on PL to reconsider this. They have prided themselves on Britain being open for business and this is investment in one of the poorest areas of the country. This is so much more than a football takeover and warrants govt intervention due to geopolitical and economic impact. Aren't they massive Tories? They must have some pull. Link to post Share on other sites More sharing options...
mouldy_uk Posted August 3, 2020 Share Posted August 3, 2020 Link to post Share on other sites More sharing options...
Jackie Broon Posted August 3, 2020 Share Posted August 3, 2020 Note that it’s not actually from the Reuben’s directly but from a regional business that is impacted by the decision Aye, purposefully done. Another potentially huge legal claim against the PL. Is it though? Would they even have a case. Putting my armchair barrister's wig on I think they probably would. PL have refused to make a decision, or even give a timescale for one, for a process that their rules indicate will take five working days, that is clearly unreasonable. Those unreasonable actions have caused multi-million pound investments to collapse and a £17m deposit to be lost, there must be a case there. That's notwithstanding the fact that they seem to have been considering things outside of the remit of the O&D test as set out in their rules. The people that have lost out on this are not going to just let it lie, Staveley is suing Barclays for £1.6 billion ffs, there's no way this doesn't end up in court. Link to post Share on other sites More sharing options...
WarrenBartonCentrePartin Posted August 3, 2020 Share Posted August 3, 2020 The best angle here is undoubtedly the loss of investment in the region, if the govt can be pressurised they may lean on PL to reconsider this. They have prided themselves on Britain being open for business and this is investment in one of the poorest areas of the country. This is so much more than a football takeover and warrants govt intervention due to geopolitical and economic impact. My thoughts exactly - this is basically an attempt to get the Government involved. We've got tories in power who are all about big business creating jobs and investing in regions so they don't have to find or provide the money themselves, especially given the country's about to take a running jump off a cliff. Given their refusal to get involved so far, I can't see it changing. Link to post Share on other sites More sharing options...
Robster Posted August 3, 2020 Share Posted August 3, 2020 Don't do it to yourselves, man. Life as a Newcastle fan is much easier if you just expect the worse and move on Link to post Share on other sites More sharing options...
beardsleymagic Posted August 3, 2020 Share Posted August 3, 2020 Not read that. No idea. Kinda supports the logic, though. If they think they're not independent, they're asking the person who they believe to be in charge to put themselves forward. Actually I think that strengthens my beliefs, personally. No mention of sheikh mansour on the Man City board of directors, when we all know he owns the club https://www.google.com/amp/s/amp.mancity.com/club/corporate-information This needs to be sent to the media such as sky sports and even the chronicle to try and get some traction going about this, because this seems to be the sticking point with our takeover Link to post Share on other sites More sharing options...
Ketsbaia Posted August 3, 2020 Share Posted August 3, 2020 Interesting development, between this and Chopra. Becoming clear that they've publically 'withdrawn' but actually haven't. I'd say their method was mis-guided though. We just have to keep irritating PL and Masters. Has someone asked Pete Graves why Sky Sports haven't mentioned the petition? Link to post Share on other sites More sharing options...
mouldy_uk Posted August 3, 2020 Share Posted August 3, 2020 Don't do it to yourselves, man. Life as a Newcastle fan is much easier if you just expect the worse and move on I’ll let future me worry about that, today we have some hope which is far better than the crushing reality of what could be around the corner if the takeover fails Link to post Share on other sites More sharing options...
Shearergol Posted August 3, 2020 Share Posted August 3, 2020 Off to the positive takeover thread. This s***s on. No reason it shouldn't be on, other than the Premier League playing ostrich still... the dickheads And the main financial backers pulling out They haven’t though, still officially the same place it was last week, with the PL. Do you know that as fact? Link to post Share on other sites More sharing options...
Ikon Posted August 3, 2020 Share Posted August 3, 2020 "Concluded shortly" is what Masters said a month ago.. Link to post Share on other sites More sharing options...
NE27 Posted August 3, 2020 Share Posted August 3, 2020 "Concluded shortly" is what Masters said a month ago.. And it would've been, if PIF just done everything the PL asked of them and made the government a director so they could easily fail it. I don't see how this has a positive outcome unfortunately. They're not going to approve it considering the backlash, for the fear of looking even weaker than they do now. Link to post Share on other sites More sharing options...
Dokko Posted August 3, 2020 Share Posted August 3, 2020 Off to the positive takeover thread. This s***s on. No reason it shouldn't be on, other than the Premier League playing ostrich still... the dickheads And the main financial backers pulling out They haven’t though, still officially the same place it was last week, with the PL. Do you know that as fact? PL leaks stated so in their only real response since Thursday. Link to post Share on other sites More sharing options...
ScottishMagpie Posted August 3, 2020 Share Posted August 3, 2020 This. If 60k had signed a petition to block the takeover the pressure from media on PL now would be massive. We need to keep up the pressure, we might not get anywhere but as Jimmy Nail sang. 'cause this is a mighty town, It's built upon solid ground And everything they tried so hard to kill, We will rebuild Fuckin' love that toon! Link to post Share on other sites More sharing options...
Whitley mag Posted August 3, 2020 Share Posted August 3, 2020 The best angle here is undoubtedly the loss of investment in the region, if the govt can be pressurised they may lean on PL to reconsider this. They have prided themselves on Britain being open for business and this is investment in one of the poorest areas of the country. This is so much more than a football takeover and warrants govt intervention due to geopolitical and economic impact. Aren't they massive Tories? They must have some pull. Yeah think Jamie is pals with Boris. Whilst I’m always cynical of rich people I think the Reubens are certainly friends of Newcastle, and it would be great if they were involved with club. Link to post Share on other sites More sharing options...
Dokko Posted August 3, 2020 Share Posted August 3, 2020 You either give up and accept being one of the numbers or you fight. The mackems give up and got what they deserve. Link to post Share on other sites More sharing options...
Whitley mag Posted August 3, 2020 Share Posted August 3, 2020 This. If 60k had signed a petition to block the takeover the pressure from media on PL now would be massive. We need to keep up the pressure, we might not get anywhere but as Jimmy Nail sang. 'cause this is a mighty town, It's built upon solid ground And everything they tried so hard to kill, We will rebuild Fuckin' love that toon! Great Tune 👍 Link to post Share on other sites More sharing options...
Jackie Broon Posted August 3, 2020 Share Posted August 3, 2020 It's telling that Staveley specifically mentioned that they would have got the deposit back if the O&D test had been refused, and now this from the Ruben's side. They're setting out the claims that the PL will face if it doesn't approve the O&D test. The PL itself is not a rich organisation, it has assets of less than £0.5m and a turnover of about £3m, the costs of a case alone could bankrupt them. Link to post Share on other sites More sharing options...
Recommended Posts