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

[Shearergol]

Where are we now? There was excitement from Football365-guy few days ago, but all seems negative here? Clearly something is happening because of the calls with government, but what is the latest?

 

We're a negative bunch, seen this all before. We'll all be positive once Ashley goes though, don't worry.

[Super Duper Branko Strupar]

Where are we now? here was excitement from Football365-guy few days ago, but all seems negative here? Clearly something is happening because of the calls with government, but what is the latest?

 

Ah shit, really? Wow.

[Tiresias]

I think the excitement is from rumours of the Bein issue being sorted out from that summit between qatar and saudi arabia. I don't expect that will all get solved in some massive rush, even apart from if Saudi Arabia just allows them to broadcast again there are still no doubt a load of legal issues since Bein can;t be happy with basically being denied a market essentially illegally for a duration, they'd probably be after compensation.

[nufcjb]

I gave up on the takeover not so long ago but seeing how shit we are under cabbageheed, I can't stop hoping that this will happen eventually.

[Awaymag]

 

More evidence for De Marco and co to show our takeover was subjected to far stricter scrutiny than any previous.

 

I would have thought the government would have pushed for them to accept the bid.  Premier league went to them....

 

I think they would, but the point is why did they feel they had to go to them. It’s meant to be a confidential process and if scrutiny of our takeover has been shown to be different to others, it all plays into the narrative that we have been treat differently.

 

I expect to tell them that they are going to reject the bid and wanted to explain why (Piracy) or get more info on the buyers.  Also we probably have been treated differently but I can't think of any club being bought while at the same time running an illegal sports stations that steals games. 

 

 

I'm still confused by this. Is it PIF that are illegally streaming games? Is this still going on?

 

https://www.aljazeera.com/economy/2020/6/16/explainer-the-piracy-case-against-saudis-beoutq-channel

 

Think we all know if the Saudis wanted to shut it down they could.

 

Probably could have but its still got nothing to do with PIF. Separate legal entity which is what do marco is trying to prove.

 

I suppose its a bit like having a limited company over here.

 

I am the sole director and shareholder of my company, i earn its money, i spend it, i have complete control over the business, its direction and its finances.

 

But legally, its separate to me.

 

That's where a problem arises though surely. As the owners and directors test has to find the parties who are have control over said company. With PIF describing themselves as the sovereign wealth fund of the state then the state surely has control over PIF. So it doesn't really matter if it's a separate legal entity in itself in that respect.

 

Exactly this.  The Saudi state could turn round after the takeover and dissolve PIF and take over control of all the enterprises PIF entered into including control of NUFC!

 

Lol. Righto. And you REALLY don’t think in that instance that the PL might have something to say, and invoke the yearly O&D Test again to throw the club out of the league?

 

So Isn’t that why they are wanting to test the people who have the power to do that before the takeover happens, I.e MBS.

 

The real question is why won’t he take the test?

 

:lol:

 

Really, so you want MBS to take a test to buy a shitty club in the UK that amounts to 0.00x% of the PIF investment portfolio.  So should the Queen have to take various tests everytime the Crown estates want to buy into something?  Insane. 

 

If the premier league came out and said - we have rejected the takeover bid due to alleged piracy of IP rights etc then fine.  Most fans would accept it without a blink of an eye.  This not making a decision is just a delay tactic because they know if they actually gave a reason for rejecting it, it could be challenged.

 

Anyway this is old ground, covered so many times in this thread.  I wont be writing in this thread again until we hear definitive news from the PL, the club or consortium as we are just going round in circles.  Whereas NUFC is just going down (to the championship).

[Rocker]

 

More evidence for De Marco and co to show our takeover was subjected to far stricter scrutiny than any previous.

 

I would have thought the government would have pushed for them to accept the bid.  Premier league went to them....

 

I think they would, but the point is why did they feel they had to go to them. It’s meant to be a confidential process and if scrutiny of our takeover has been shown to be different to others, it all plays into the narrative that we have been treat differently.

 

I expect to tell them that they are going to reject the bid and wanted to explain why (Piracy) or get more info on the buyers.  Also we probably have been treated differently but I can't think of any club being bought while at the same time running an illegal sports stations that steals games. 

 

 

I'm still confused by this. Is it PIF that are illegally streaming games? Is this still going on?

 

https://www.aljazeera.com/economy/2020/6/16/explainer-the-piracy-case-against-saudis-beoutq-channel

 

Think we all know if the Saudis wanted to shut it down they could.

 

Probably could have but its still got nothing to do with PIF. Separate legal entity which is what do marco is trying to prove.

 

I suppose its a bit like having a limited company over here.

 

I am the sole director and shareholder of my company, i earn its money, i spend it, i have complete control over the business, its direction and its finances.

 

But legally, its separate to me.

 

That's where a problem arises though surely. As the owners and directors test has to find the parties who are have control over said company. With PIF describing themselves as the sovereign wealth fund of the state then the state surely has control over PIF. So it doesn't really matter if it's a separate legal entity in itself in that respect.

 

Exactly this.  The Saudi state could turn round after the takeover and dissolve PIF and take over control of all the enterprises PIF entered into including control of NUFC!

 

Lol. Righto. And you REALLY don’t think in that instance that the PL might have something to say, and invoke the yearly O&D Test again to throw the club out of the league?

 

So Isn’t that why they are wanting to test the people who have the power to do that before the takeover happens, I.e MBS.

 

The real question is why won’t he take the test?

 

:lol:

 

Really, so you want MBS to take a test to buy a shitty club in the UK that amounts to 0.00x% of the PIF investment portfolio.  So should the Queen have to take various tests everytime the Crown estates want to buy into something?  Insane. 

 

If the premier league came out and said - we have rejected the takeover bid due to alleged piracy of IP rights etc then fine.  Most fans would accept it without a blink of an eye.  This not making a decision is just a delay tactic because they know if they actually gave a reason for rejecting it, it could be challenged.

 

Anyway this is old ground, covered so many times in this thread.  I wont be writing in this thread again until we hear definitive news from the PL, the club or consortium as we are just going round in circles.  Whereas NUFC is just going down (to the championship).

 

Excuse me?

[Slim]

 

More evidence for De Marco and co to show our takeover was subjected to far stricter scrutiny than any previous.

 

I would have thought the government would have pushed for them to accept the bid.  Premier league went to them....

 

I think they would, but the point is why did they feel they had to go to them. It’s meant to be a confidential process and if scrutiny of our takeover has been shown to be different to others, it all plays into the narrative that we have been treat differently.

 

I expect to tell them that they are going to reject the bid and wanted to explain why (Piracy) or get more info on the buyers.  Also we probably have been treated differently but I can't think of any club being bought while at the same time running an illegal sports stations that steals games. 

 

 

I'm still confused by this. Is it PIF that are illegally streaming games? Is this still going on?

 

https://www.aljazeera.com/economy/2020/6/16/explainer-the-piracy-case-against-saudis-beoutq-channel

 

Think we all know if the Saudis wanted to shut it down they could.

 

Probably could have but its still got nothing to do with PIF. Separate legal entity which is what do marco is trying to prove.

 

I suppose its a bit like having a limited company over here.

 

I am the sole director and shareholder of my company, i earn its money, i spend it, i have complete control over the business, its direction and its finances.

 

But legally, its separate to me.

 

That's where a problem arises though surely. As the owners and directors test has to find the parties who are have control over said company. With PIF describing themselves as the sovereign wealth fund of the state then the state surely has control over PIF. So it doesn't really matter if it's a separate legal entity in itself in that respect.

 

Exactly this.  The Saudi state could turn round after the takeover and dissolve PIF and take over control of all the enterprises PIF entered into including control of NUFC!

 

Lol. Righto. And you REALLY don’t think in that instance that the PL might have something to say, and invoke the yearly O&D Test again to throw the club out of the league?

 

So Isn’t that why they are wanting to test the people who have the power to do that before the takeover happens, I.e MBS.

 

The real question is why won’t he take the test?

 

:lol:

 

Really, so you want MBS to take a test to buy a shitty club in the UK that amounts to 0.00x% of the PIF investment portfolio.  So should the Queen have to take various tests everytime the Crown estates want to buy into something?  Insane. 

 

If the premier league came out and said - we have rejected the takeover bid due to alleged piracy of IP rights etc then fine.  Most fans would accept it without a blink of an eye.  This not making a decision is just a delay tactic because they know if they actually gave a reason for rejecting it, it could be challenged.

 

Anyway this is old ground, covered so many times in this thread.  I wont be writing in this thread again until we hear definitive news from the PL, the club or consortium as we are just going round in circles.  Whereas NUFC is just going down (to the championship).

 

Excuse me?

 

Nothing wrong with saying we are a shitty club tbh. 

[Awaymag]

 

More evidence for De Marco and co to show our takeover was subjected to far stricter scrutiny than any previous.

 

I would have thought the government would have pushed for them to accept the bid.  Premier league went to them....

 

I think they would, but the point is why did they feel they had to go to them. It’s meant to be a confidential process and if scrutiny of our takeover has been shown to be different to others, it all plays into the narrative that we have been treat differently.

 

I expect to tell them that they are going to reject the bid and wanted to explain why (Piracy) or get more info on the buyers.  Also we probably have been treated differently but I can't think of any club being bought while at the same time running an illegal sports stations that steals games. 

 

 

I'm still confused by this. Is it PIF that are illegally streaming games? Is this still going on?

 

https://www.aljazeera.com/economy/2020/6/16/explainer-the-piracy-case-against-saudis-beoutq-channel

 

Think we all know if the Saudis wanted to shut it down they could.

 

Probably could have but its still got nothing to do with PIF. Separate legal entity which is what do marco is trying to prove.

 

I suppose its a bit like having a limited company over here.

 

I am the sole director and shareholder of my company, i earn its money, i spend it, i have complete control over the business, its direction and its finances.

 

But legally, its separate to me.

 

That's where a problem arises though surely. As the owners and directors test has to find the parties who are have control over said company. With PIF describing themselves as the sovereign wealth fund of the state then the state surely has control over PIF. So it doesn't really matter if it's a separate legal entity in itself in that respect.

 

Exactly this.  The Saudi state could turn round after the takeover and dissolve PIF and take over control of all the enterprises PIF entered into including control of NUFC!

 

Lol. Righto. And you REALLY don’t think in that instance that the PL might have something to say, and invoke the yearly O&D Test again to throw the club out of the league?

 

So Isn’t that why they are wanting to test the people who have the power to do that before the takeover happens, I.e MBS.

 

The real question is why won’t he take the test?

 

:lol:

 

Really, so you want MBS to take a test to buy a shitty club in the UK that amounts to 0.00x% of the PIF investment portfolio.  So should the Queen have to take various tests everytime the Crown estates want to buy into something?  Insane. 

 

If the premier league came out and said - we have rejected the takeover bid due to alleged piracy of IP rights etc then fine.  Most fans would accept it without a blink of an eye.  This not making a decision is just a delay tactic because they know if they actually gave a reason for rejecting it, it could be challenged.

 

Anyway this is old ground, covered so many times in this thread.  I wont be writing in this thread again until we hear definitive news from the PL, the club or consortium as we are just going round in circles.  Whereas NUFC is just going down (to the championship).

 

Excuse me?

You're welcome.  Come on we are a shitty club at the moment.  We treat our assets to £30 paddling pools - whereas Leicester spend £100M on theirs!

[Shearergol]

We're the epitome of shitty clubs at the moment.

 

By the way, the Crown estates want to buy a club, the Queen should be subjected to the test, yes.

[Ben]

We're the epitome of shitty clubs at the moment.

 

By the way, the Crown estates want to buy a club, the Queen should be subjected to the test, yes.

 

Prince Andrew should

[STM]

Personally think there is very little going on, other than a few journalists and fans wanting to increase their following by joining the furthest dots possible.

[1964]

 

More evidence for De Marco and co to show our takeover was subjected to far stricter scrutiny than any previous.

 

I would have thought the government would have pushed for them to accept the bid.  Premier league went to them....

 

I think they would, but the point is why did they feel they had to go to them. It’s meant to be a confidential process and if scrutiny of our takeover has been shown to be different to others, it all plays into the narrative that we have been treat differently.

 

I expect to tell them that they are going to reject the bid and wanted to explain why (Piracy) or get more info on the buyers.  Also we probably have been treated differently but I can't think of any club being bought while at the same time running an illegal sports stations that steals games. 

 

 

I'm still confused by this. Is it PIF that are illegally streaming games? Is this still going on?

 

https://www.aljazeera.com/economy/2020/6/16/explainer-the-piracy-case-against-saudis-beoutq-channel

 

Think we all know if the Saudis wanted to shut it down they could.

 

Probably could have but its still got nothing to do with PIF. Separate legal entity which is what do marco is trying to prove.

 

I suppose its a bit like having a limited company over here.

 

I am the sole director and shareholder of my company, i earn its money, i spend it, i have complete control over the business, its direction and its finances.

 

But legally, its separate to me.

 

That's where a problem arises though surely. As the owners and directors test has to find the parties who are have control over said company. With PIF describing themselves as the sovereign wealth fund of the state then the state surely has control over PIF. So it doesn't really matter if it's a separate legal entity in itself in that respect.

 

Exactly this.  The Saudi state could turn round after the takeover and dissolve PIF and take over control of all the enterprises PIF entered into including control of NUFC!

 

Lol. Righto. And you REALLY don’t think in that instance that the PL might have something to say, and invoke the yearly O&D Test again to throw the club out of the league?

 

So Isn’t that why they are wanting to test the people who have the power to do that before the takeover happens, I.e MBS.

 

The real question is why won’t he take the test?

 

:lol:

 

Really, so you want MBS to take a test to buy a shitty club in the UK that amounts to 0.00x% of the PIF investment portfolio.  So should the Queen have to take various tests everytime the Crown estates want to buy into something?  Insane. 

 

If the premier league came out and said - we have rejected the takeover bid due to alleged piracy of IP rights etc then fine.  Most fans would accept it without a blink of an eye.  This not making a decision is just a delay tactic because they know if they actually gave a reason for rejecting it, it could be challenged.

 

Anyway this is old ground, covered so many times in this thread.  I wont be writing in this thread again until we hear definitive news from the PL, the club or consortium as we are just going round in circles.  Whereas NUFC is just going down (to the championship).

 

Excuse me?

 

Nothing wrong with saying we are a shitty club tbh. 

In fact shitty clubs may have a case for defamation

[Bishops Finger]

 

More evidence for De Marco and co to show our takeover was subjected to far stricter scrutiny than any previous.

 

I would have thought the government would have pushed for them to accept the bid.  Premier league went to them....

 

I think they would, but the point is why did they feel they had to go to them. It’s meant to be a confidential process and if scrutiny of our takeover has been shown to be different to others, it all plays into the narrative that we have been treat differently.

 

I expect to tell them that they are going to reject the bid and wanted to explain why (Piracy) or get more info on the buyers.  Also we probably have been treated differently but I can't think of any club being bought while at the same time running an illegal sports stations that steals games. 

 

 

I'm still confused by this. Is it PIF that are illegally streaming games? Is this still going on?

 

https://www.aljazeera.com/economy/2020/6/16/explainer-the-piracy-case-against-saudis-beoutq-channel

 

Think we all know if the Saudis wanted to shut it down they could.

 

Probably could have but its still got nothing to do with PIF. Separate legal entity which is what do marco is trying to prove.

 

I suppose its a bit like having a limited company over here.

 

I am the sole director and shareholder of my company, i earn its money, i spend it, i have complete control over the business, its direction and its finances.

 

But legally, its separate to me.

 

That's where a problem arises though surely. As the owners and directors test has to find the parties who are have control over said company. With PIF describing themselves as the sovereign wealth fund of the state then the state surely has control over PIF. So it doesn't really matter if it's a separate legal entity in itself in that respect.

 

Exactly this.  The Saudi state could turn round after the takeover and dissolve PIF and take over control of all the enterprises PIF entered into including control of NUFC!

 

Lol. Righto. And you REALLY don’t think in that instance that the PL might have something to say, and invoke the yearly O&D Test again to throw the club out of the league?

 

So Isn’t that why they are wanting to test the people who have the power to do that before the takeover happens, I.e MBS.

 

The real question is why won’t he take the test?

 

:lol:

 

Really, so you want MBS to take a test to buy a shitty club in the UK that amounts to 0.00x% of the PIF investment portfolio.  So should the Queen have to take various tests everytime the Crown estates want to buy into something?  Insane. 

 

If the premier league came out and said - we have rejected the takeover bid due to alleged piracy of IP rights etc then fine.  Most fans would accept it without a blink of an eye.  This not making a decision is just a delay tactic because they know if they actually gave a reason for rejecting it, it could be challenged.

 

Anyway this is old ground, covered so many times in this thread.  I wont be writing in this thread again until we hear definitive news from the PL, the club or consortium as we are just going round in circles.  Whereas NUFC is just going down (to the championship).

 

Excuse me?

 

Nothing wrong with saying we are a shitty club tbh. 

In fact shitty clubs may have a case for defamation

Agree, we're a very, very shitty club

[Rocker]

We're not a shitty club. We're a beautiful club with a shitty owner.

 

He's fucking cancer.

 

You wouldn't say you had a shitty Grandma because she was riddled with cancer.

[Greg]

We're the epitome of shitty clubs at the moment.

 

By the way, the Crown estates want to buy a club, the Queen should be subjected to the test, yes.

 

Nope. Truly independent, enshrined in law, no blurred lines. The monarch literally has no influence - TCE is not a sovereign wealth fund - it is very different.

[STM]

We're not a shitty club. We're a beautiful club with a shitty owner.

 

He's fucking cancer.

 

You wouldn't say you had a shitty Grandma because she was riddled with cancer.

 

Spot on. Some of our fans love bashing our club.

[Manxst]

Personally think there is very little going on, other than a few journalists and fans wanting to increase their following by joining the furthest dots possible.

 

De Marco had a meeting with club officials before the game. Things are definitely ‘going on’.

[Lazarus]

Saudis want to buy stuff like clubs to have brands attached to them to look modern and progressive and exciting, they're hardly unique in that, making your country look an attractive brand is hardly in and of itself immoral it's more the size and vileness of the turd you are polishing. That they then also try and say that the investment fund, there to make the state look good, isn't actually controlled by the state is a case of trying to have your cake and eat it.

 

Now as I understand it to avoid the king having to do the fit and proper person they tried to provide some legal guarantee that the king would not have any say over the running of the club iirc and this actually what the arbritration that is so often sought is over. I guess the premier league doubts for all theycould have a written guarantee that is apaprently legally binding how they would ever challenge it if the king was just privately telling the guys in charge what to do without any papertrail though, so dunno.

 

This is what im a bit unsure of, ie how much influence this guys gonna have.

 

Obviously hes not gonna be telling what brand of teabags the club should buy or whether smoked or unsmoked bacon is best. Nor will he interfere with the training methods to use at Benton or even what players to buy.

 

The concern, i would imagine, would be the economic side, ie sponsorships and such like, FFP etc .

 

But even then, how much influence will he, as an individual person, actually have? Not much, if any is my guess.

 

PIF has a board doesnt it, of which he is chairman. Does anyone know how the board structered and how it reaches decisions? Not much point of a board if its one man calling all the shots.

[AyeDubbleYoo]

Possibly the point of the board is to make to look like it’s not just one man making the decisions.

[Awaymag]

We're not a shitty club. We're a beautiful club with a shitty owner.

 

He's f***ing cancer.

 

You wouldn't say you had a shitty Grandma because she was riddled with cancer.

 

Spot on. Some of our fans love bashing our club.

 

Sorry going to have to reply with another Analogy.

 

NUFC is like a listed building that could be magnificent but has been derelict for a number of years.  The building is shitty in its current state but could be magnificent again if only someone would buy it and do it up!    So I stand by my assertion.  NUFC in its current state is a shitty club!

[Lazarus]

Possibly the point of the board is to make to look like it’s not just one man making the decisions.

 

Could be

[Darth Crooks]

We can argue semantics of shitty but there’s an argument for it that should be indesputable.

[Darth Crooks]

Possibly the point of the board is to make to look like it’s not just one man making the decisions.

 

Sounds familiar

[Manxst]

Possibly the point of the board is to make to look like it’s not just one man making the decisions.

 

Yep, 200 separate investments, worth $350bn, and MBS is choosing each one after careful consideration and using his personal experience and skill, then signing it all off...but via a ‘fake’ board so that he doesn’t take all the credit. Ok.

[Kanj]

MBS is a the figurehead chairman who really only helps set high level direction when it’s on quite long laundry list of being crown prince and running the kingdom. I’m sure he is actually in tune with what is going on with this because it’s now public and he won’t want to lose or be embarrassed again.

 

But the Governor of the PIF, our supposed future chairman, is the one who’s calling the ultimate shots day to day and an investment of this size is probably completely up to his discretion.

 

This is all from what I understand how the PIF is run based on those who I know who have dealt with them. It’s very much like any other middle eastern swf, the head or chairman may set big target objectives but there are qualified and incredibly smart and diligent people handling the day to day.