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

[Fantail Breeze]

If it was off then why wouldn't AS say so? I can't think of a single reason why she wouldn't, she's not exactly shy about engaging the media and has done exactly that on a couple of occasions now.

 

This is on until someone significant says its off. It's as simple as that.

 

The main party in the consortium literally did say this.

[gdm]

If it was off then why wouldn't AS say so? I can't think of a single reason why she wouldn't, she's not exactly shy about engaging the media and has done exactly that on a couple of occasions now.

 

This is on until someone significant says its off. It's as simple as that.

 

She did a massive interview with caulkin saying it was off, in tears etc. She’s never officially said it’s back on.

 

I do believe they want to buy the club but I also believe it’s more of a hassle than they bargained for

[Thumbheed]

If it was off then why wouldn't AS say so? I can't think of a single reason why she wouldn't, she's not exactly shy about engaging the media and has done exactly that on a couple of occasions now.

 

This is on until someone significant says its off. It's as simple as that.

 

The main party in the consortium literally did say this.

 

So it's been off since that point in your eyes? If so then Ashley's statement and subsequent actions dont add up, furthermore there's enough out there to suggest PIF are still keen, even Luke Edwards accepted PIF were still on board. But further to my original point, we know how AS operates in these exact situations because she's been through them before so it makes no sense for us to believe she'd just slink off into the night without a single word being spoken.

[Fantail Breeze]

If it was off then why wouldn't AS say so? I can't think of a single reason why she wouldn't, she's not exactly shy about engaging the media and has done exactly that on a couple of occasions now.

 

This is on until someone significant says its off. It's as simple as that.

 

The main party in the consortium literally did say this.

 

So it's been off since that point in your eyes? If so then Ashley's statement and subsequent actions dont add up, furthermore there's enough out there to suggest PIF are still keen, even Luke Edwards accepted PIF were still on board. But further to my original point, we know how AS operates in these exact situations because she's been through them before so it makes no sense for us to believe she'd just slink off into the night without a single word being spoken.

 

Absolutely. It has been off since then.

 

Ashley’s statement and subsequent actions can be explained because he’s unhappy the deal is off. Why would he be fighting for a deal which is going ahead? He wouldn’t need to.

 

It may only be back on once multiple hurdles have been overcome - sadly none of them are even close.

[Thumbheed]

If it was off then why wouldn't AS say so? I can't think of a single reason why she wouldn't, she's not exactly shy about engaging the media and has done exactly that on a couple of occasions now.

 

This is on until someone significant says its off. It's as simple as that.

 

She did a massive interview with caulkin saying it was off, in tears etc. She’s never officially said it’s back on.

 

I do believe they want to buy the club but I also believe it’s more of a hassle than they bargained for

 

Then the club released their statement and took subsequent action. We also got the official statement from the Reuben brithers confirming they "remain supportive" of the takeover.

 

Like I say, for me, it's on until one of the Reubens, AS or Ashley himself say it's off.

[Thumbheed]

If it was off then why wouldn't AS say so? I can't think of a single reason why she wouldn't, she's not exactly shy about engaging the media and has done exactly that on a couple of occasions now.

 

This is on until someone significant says its off. It's as simple as that.

 

The main party in the consortium literally did say this.

 

So it's been off since that point in your eyes? If so then Ashley's statement and subsequent actions dont add up, furthermore there's enough out there to suggest PIF are still keen, even Luke Edwards accepted PIF were still on board. But further to my original point, we know how AS operates in these exact situations because she's been through them before so it makes no sense for us to believe she'd just slink off into the night without a single word being spoken.

 

Absolutely. It has been off since then.

 

Ashley’s statement and subsequent actions can be explained because he’s unhappy the deal is off. Why would he be fighting for a deal which is going ahead? He wouldn’t need to.

 

It may only be back on once multiple hurdles have been overcome - sadly none of them are even close.

 

Because he doesn't believe the test was carried out properly and feels it should have gone through? He even made direct reference to the fact PIF had provided information the EPL had requested. Those aren't the words of a man who believes this is dead.

[Yorkie]

I’m weirdly interested in seeing Keith take the PL to court tbh. Assume we’ll see that once the takeover is resolved either way?

 

 

Keith can barely take himself to the toilet.

 

[Hhtoon]

I still believe De Marco is working on more than compensation. However, I'm sure on a timeline a couple of people posted it said arbitration could have started by now. I get settling before is preferable, but if we were so certain we would win then I don't get why we aren't just forcing it through.

[Fantail Breeze]

If it was off then why wouldn't AS say so? I can't think of a single reason why she wouldn't, she's not exactly shy about engaging the media and has done exactly that on a couple of occasions now.

 

This is on until someone significant says its off. It's as simple as that.

 

The main party in the consortium literally did say this.

 

So it's been off since that point in your eyes? If so then Ashley's statement and subsequent actions dont add up, furthermore there's enough out there to suggest PIF are still keen, even Luke Edwards accepted PIF were still on board. But further to my original point, we know how AS operates in these exact situations because she's been through them before so it makes no sense for us to believe she'd just slink off into the night without a single word being spoken.

 

Absolutely. It has been off since then.

 

Ashley’s statement and subsequent actions can be explained because he’s unhappy the deal is off. Why would he be fighting for a deal which is going ahead? He wouldn’t need to.

 

It may only be back on once multiple hurdles have been overcome - sadly none of them are even close.

 

Because he doesn't believe the test was carried out properly and feels it should have gone through? He even made direct reference to the fact PIF had provided information the EPL had requested. Those aren't the words of a man who believes this is dead.

 

Well actually, they are the words from a man who believes this is dead:

 

http://www.nufc.co.uk/news/latest-news/club-statement-1

 

Newcastle United can confirm that the Premier League has rejected a takeover bid made by PCP Capital Partners, the Reuben Brothers and the Public Investment Fund of Saudi Arabia (PIF) based on its Owners and Directors test.

 

This conclusion has been reached despite the club providing the Premier League with overwhelming evidence and legal opinions that PIF is independent and autonomous of the Saudi Arabian government.

 

The club and its owners do not accept that Premier League chief executive Richard Masters and the Premier League have acted appropriately in relation to this matter and will be considering all relevant options available to them.

 

Mike Ashley understands fans’ frustrations and would like to reassure them that he has been fully committed to ensuring this takeover process reached completion as he felt it was in the best interests of the club. Mike continues to be fully supportive to Steve Bruce, the players and all the staff and wishes them well for the upcoming season.

 

AS carried out an interview where she informed us the deal was off.

PIF released a statement withdrawing their bid.

MA released the above statement advising the takeover had collapsed.

 

What more do you want/need?

[Ketsbaia]

I've been speaking out against the lust for negativity around here, partly because I think this'll happen.

 

But admittedly there are two worries - the absolute silence over the past month (BeIn, De Marco etc) and Ashley still not being told to sack Bruce.

 

The realisation that this depends on being in the Premier League isn't good.

[et tu brute]

I’m not thinking the takeover is going ahead by a long shot, but, why are you not including the statements concerning the arbitration. If you’re going to use official statements to back your point, then don’t only use part of them, which then doesn’t paint the whole picture of what has happened.

[Fantail Breeze]

I’m not thinking the takeover is going ahead by a long shot, but, why are you not including the statements concerning the arbitration. If you’re going to use official statements to back your point, then don’t only use part of them which doesn’t paint the whole picture of what has happened.

 

I copied and pasted the whole statement.

[et tu brute]

I’m not thinking the takeover is going ahead by a long shot, but, why are you not including the statements concerning the arbitration. If you’re going to use official statements to back your point, then don’t only use part of them which doesn’t paint the whole picture of what has happened.

 

I copied and pasted the whole statement.

 

 

Where’s the other statements that’s what I’m saying.

[Fantail Breeze]

I’m not thinking the takeover is going ahead by a long shot, but, why are you not including the statements concerning the arbitration. If you’re going to use official statements to back your point, then don’t only use part of them which doesn’t paint the whole picture of what has happened.

 

I copied and pasted the whole statement.

 

 

Where’s the other statements that’s what I’m saying.

 

NUFC, AS or PIF haven’t released any other official statements. That’s the whole point.

[Whitley mag]

I’m not thinking the takeover is going ahead by a long shot, but, why are you not including the statements concerning the arbitration. If you’re going to use official statements to back your point, then don’t only use part of them which doesn’t paint the whole picture of what has happened.

 

I copied and pasted the whole statement.

 

 

Where’s the other statements that’s what I’m saying.

 

NUFC, AS or PIF haven’t released any other official statements. That’s the whole point.

 

Wrong good night ?

 

Club statement

Newcastle United has issued the following club statement on Thursday 19 November 2020:

“The Club has previously not commented on the arbitration it is pursuing against the Premier League (‘EPL’) with respect to its conduct relating to the proposed takeover because of the confidentiality clause in the EPL's rules.

"However, the Club is aware of public reports which state that, on 17 November, the EPL referred to legal proceedings with the Club (e.g. social media posts referring to the “Club’s own legal case”) in a letter to Newcastle supporters.

"The source of some of the reporting is said to be the EPL. It appears, therefore, that the EPL has leaked the contents of their letter to some of those commenting in the public domain.

"The Club understands that these will be matters of great concern to its fans and therefore considers that, in light of the information disclosed by the EPL, it has no choice but to respond and update its fans in response to this coverage.

"The Club makes no comment on the substance of the arbitration, but it can confirm that it has issued arbitration proceedings against the EPL.

"It is unclear when those proceedings will be resolved, given the approach of the EPL and its lawyers, Bird & Bird. Nevertheless, the Club will continue to use its best efforts to press for a fair, full and timely hearing of its claim.”

[et tu brute]

I’m not thinking the takeover is going ahead by a long shot, but, why are you not including the statements concerning the arbitration. If you’re going to use official statements to back your point, then don’t only use part of them which doesn’t paint the whole picture of what has happened.

 

I copied and pasted the whole statement.

 

 

Where’s the other statements that’s what I’m saying.

 

NUFC, AS or PIF haven’t released any other official statements. That’s the whole point.

 

 

Yes they have.

[Fantail Breeze]

I’m not thinking the takeover is going ahead by a long shot, but, why are you not including the statements concerning the arbitration. If you’re going to use official statements to back your point, then don’t only use part of them which doesn’t paint the whole picture of what has happened.

 

I copied and pasted the whole statement.

 

 

Where’s the other statements that’s what I’m saying.

 

NUFC, AS or PIF haven’t released any other official statements. That’s the whole point.

 

Wrong good night ?

 

Club statement

Newcastle United has issued the following club statement on Thursday 19 November 2020:

“The Club has previously not commented on the arbitration it is pursuing against the Premier League (‘EPL’) with respect to its conduct relating to the proposed takeover because of the confidentiality clause in the EPL's rules.

"However, the Club is aware of public reports which state that, on 17 November, the EPL referred to legal proceedings with the Club (e.g. social media posts referring to the “Club’s own legal case”) in a letter to Newcastle supporters.

"The source of some of the reporting is said to be the EPL. It appears, therefore, that the EPL has leaked the contents of their letter to some of those commenting in the public domain.

"The Club understands that these will be matters of great concern to its fans and therefore considers that, in light of the information disclosed by the EPL, it has no choice but to respond and update its fans in response to this coverage.

"The Club makes no comment on the substance of the arbitration, but it can confirm that it has issued arbitration proceedings against the EPL.

"It is unclear when those proceedings will be resolved, given the approach of the EPL and its lawyers, Bird & Bird. Nevertheless, the Club will continue to use its best efforts to press for a fair, full and timely hearing of its claim.”

 

The original discussion is about MA/PIF/AS releasing statements to say the takeover is on/off.

 

They’ve all released a statement to say it’s off. Since then none of them have spoken officially to say it’s back on.

 

The statement you have shared is MA potentially pursuing a case against the PL, which isn’t confirmation PIF/the deal are (or ever will be) back at the table.

 

I was answering the question from a poster who said “it’s on until they say it’s off”, my point is - they all have already said it’s off. It’s technically the other way round.... it’s off until they say it’s back on.

 

Yes they have.

 

They’ve said it’s back on? Where?

[Hhtoon]

I’m not thinking the takeover is going ahead by a long shot, but, why are you not including the statements concerning the arbitration. If you’re going to use official statements to back your point, then don’t only use part of them which doesn’t paint the whole picture of what has happened.

 

I copied and pasted the whole statement.

 

 

Where’s the other statements that’s what I’m saying.

 

NUFC, AS or PIF haven’t released any other official statements. That’s the whole point.

 

What do you think arbitration is attempting to achieve?

Do you believe the reporters writing about buyers and sellers intentions are:

a. Lying and have had no contact?

b. Being lied to by buyers and sellers?

 

In either a or b, what is the motive?

 

I'm absolutely not saying I expect it to go through, but to try and be black and white about it seems a little obtuse.

[Dr Jinx]

If this takeover were in any way close what sort of pieces of shit would these potential owners be to not intervene in some way and try and influence Mike Ashley to protect the club from his own decisions.

 

“Please sack Steve Bruce.. here is a voluntary contribution to pay the wages of an actual decent manager between now and when we take over”

 

A few million, peanuts to them but would have made the world of difference to supporters in having to put up with this shit for so long.

 

 

[Mag_in_NZ]

Is it just me or do we seem to have a lot of “new members” post December 2020....all on the negative side

 

Trolls, other clubs doofuses or just shitheads like good old boy Lukey

[Fantail Breeze]

I’m not thinking the takeover is going ahead by a long shot, but, why are you not including the statements concerning the arbitration. If you’re going to use official statements to back your point, then don’t only use part of them which doesn’t paint the whole picture of what has happened.

 

I copied and pasted the whole statement.

 

 

Where’s the other statements that’s what I’m saying.

 

NUFC, AS or PIF haven’t released any other official statements. That’s the whole point.

 

What do you think arbitration is attempting to achieve?

Do you believe the reporters writing about buyers and sellers intentions are:

a. Lying and have had no contact?

b. Being lied to by buyers and sellers?

 

In either a or b, what is the motive?

 

I'm absolutely not saying I expect it to go through, but to try and be black and white about it seems a little obtuse.

 

I don’t know what arbitration is trying to achieve. If it was trying to achieve a sale, I’d have massive questions as to why MA is willing to spend millions of pounds on a court case but fail to pay off Bruce to avoid ruining the court case with a relegation. My feelings are MA is trying to get a compensatory claim.

 

Regardless of the arbitration though, that won’t resolve the real issues which are mainly piracy. MA might well win his claim, but the takeover still won’t happen until multiple complex issues in KSA/Qatar are resolved. That’s why people like Keith are full of shit. Telling people to wait for the outcome of the arbitration is pointless because it isn’t the sole deciding factor in this takeover but he’s leading people to believe it is.

 

I think the reporters have had genuine contact from the buyers and sellers, who all hope the takeover goes through and with their best intentions want to keep it in the news/as a positive light. However, the buyers and sellers have had this same confidence for 12 months... Nothing has happened and nothing has got closer. We’re not being told to wait until the summer.

[et tu brute]

I’m not thinking the takeover is going ahead by a long shot, but, why are you not including the statements concerning the arbitration. If you’re going to use official statements to back your point, then don’t only use part of them which doesn’t paint the whole picture of what has happened.

 

I copied and pasted the whole statement.

 

 

Where’s the other statements that’s what I’m saying.

 

NUFC, AS or PIF haven’t released any other official statements. That’s the whole point.

 

Wrong good night ?

 

Club statement

Newcastle United has issued the following club statement on Thursday 19 November 2020:

“The Club has previously not commented on the arbitration it is pursuing against the Premier League (‘EPL’) with respect to its conduct relating to the proposed takeover because of the confidentiality clause in the EPL's rules.

"However, the Club is aware of public reports which state that, on 17 November, the EPL referred to legal proceedings with the Club (e.g. social media posts referring to the “Club’s own legal case”) in a letter to Newcastle supporters.

"The source of some of the reporting is said to be the EPL. It appears, therefore, that the EPL has leaked the contents of their letter to some of those commenting in the public domain.

"The Club understands that these will be matters of great concern to its fans and therefore considers that, in light of the information disclosed by the EPL, it has no choice but to respond and update its fans in response to this coverage.

"The Club makes no comment on the substance of the arbitration, but it can confirm that it has issued arbitration proceedings against the EPL.

"It is unclear when those proceedings will be resolved, given the approach of the EPL and its lawyers, Bird & Bird. Nevertheless, the Club will continue to use its best efforts to press for a fair, full and timely hearing of its claim.”

 

The original discussion is about MA/PIF/AS releasing statements to say the takeover is on/off.

 

They’ve all released a statement to say it’s off. Since then none of them have spoken officially to say it’s back on.

 

The statement you have shared is MA potentially pursuing a case against the PL, which isn’t confirmation PIF/the deal are (or ever will be) back at the table.

 

I was answering the question from a poster who said “it’s on until they say it’s off”, my point is - they all have already said it’s off. It’s technically the other way round.... it’s off until they say it’s back on.

 

Yes they have.

 

They’ve said it’s back on? Where?

 

 

For a start that original statement from the club does not say it’s off and was followed up by the arbitration statement.

[Fantail Breeze]

Is it just me or do we seem to have a lot of “new members” post December 2020....all on the negative side

 

Trolls, other clubs doofuses or just shitheads like good old boy Lukey

 

This patter is almost as tragic as ‘Mag’ on RTG.

 

If you want to read blind optimism, I’m reliably informed there is a thread for that.

[Fantail Breeze]

I’m not thinking the takeover is going ahead by a long shot, but, why are you not including the statements concerning the arbitration. If you’re going to use official statements to back your point, then don’t only use part of them which doesn’t paint the whole picture of what has happened.

 

I copied and pasted the whole statement.

 

 

Where’s the other statements that’s what I’m saying.

 

NUFC, AS or PIF haven’t released any other official statements. That’s the whole point.

 

Wrong good night ?

 

Club statement

Newcastle United has issued the following club statement on Thursday 19 November 2020:

“The Club has previously not commented on the arbitration it is pursuing against the Premier League (‘EPL’) with respect to its conduct relating to the proposed takeover because of the confidentiality clause in the EPL's rules.

"However, the Club is aware of public reports which state that, on 17 November, the EPL referred to legal proceedings with the Club (e.g. social media posts referring to the “Club’s own legal case”) in a letter to Newcastle supporters.

"The source of some of the reporting is said to be the EPL. It appears, therefore, that the EPL has leaked the contents of their letter to some of those commenting in the public domain.

"The Club understands that these will be matters of great concern to its fans and therefore considers that, in light of the information disclosed by the EPL, it has no choice but to respond and update its fans in response to this coverage.

"The Club makes no comment on the substance of the arbitration, but it can confirm that it has issued arbitration proceedings against the EPL.

"It is unclear when those proceedings will be resolved, given the approach of the EPL and its lawyers, Bird & Bird. Nevertheless, the Club will continue to use its best efforts to press for a fair, full and timely hearing of its claim.”

 

The original discussion is about MA/PIF/AS releasing statements to say the takeover is on/off.

 

They’ve all released a statement to say it’s off. Since then none of them have spoken officially to say it’s back on.

 

The statement you have shared is MA potentially pursuing a case against the PL, which isn’t confirmation PIF/the deal are (or ever will be) back at the table.

 

I was answering the question from a poster who said “it’s on until they say it’s off”, my point is - they all have already said it’s off. It’s technically the other way round.... it’s off until they say it’s back on.

 

Yes they have.

 

They’ve said it’s back on? Where?

 

 

For a start that original statement from the club does not say it’s off and was followed up by the arbitration statement.

 

It literally says the deal has been rejected What about AS’s interview and PIF’s statements? Do they not say its off?

[Thumbheed]

If it was off then why wouldn't AS say so? I can't think of a single reason why she wouldn't, she's not exactly shy about engaging the media and has done exactly that on a couple of occasions now.

 

This is on until someone significant says its off. It's as simple as that.

 

The main party in the consortium literally did say this.

 

So it's been off since that point in your eyes? If so then Ashley's statement and subsequent actions dont add up, furthermore there's enough out there to suggest PIF are still keen, even Luke Edwards accepted PIF were still on board. But further to my original point, we know how AS operates in these exact situations because she's been through them before so it makes no sense for us to believe she'd just slink off into the night without a single word being spoken.

 

Absolutely. It has been off since then.

 

Ashley’s statement and subsequent actions can be explained because he’s unhappy the deal is off. Why would he be fighting for a deal which is going ahead? He wouldn’t need to.

 

It may only be back on once multiple hurdles have been overcome - sadly none of them are even close.

 

Because he doesn't believe the test was carried out properly and feels it should have gone through? He even made direct reference to the fact PIF had provided information the EPL had requested. Those aren't the words of a man who believes this is dead.

 

Well actually, they are the words from a man who believes this is dead:

 

http://www.nufc.co.uk/news/latest-news/club-statement-1

 

Newcastle United can confirm that the Premier League has rejected a takeover bid made by PCP Capital Partners, the Reuben Brothers and the Public Investment Fund of Saudi Arabia (PIF) based on its Owners and Directors test.

 

This conclusion has been reached despite the club providing the Premier League with overwhelming evidence and legal opinions that PIF is independent and autonomous of the Saudi Arabian government.

 

The club and its owners do not accept that Premier League chief executive Richard Masters and the Premier League have acted appropriately in relation to this matter and will be considering all relevant options available to them.

 

Mike Ashley understands fans’ frustrations and would like to reassure them that he has been fully committed to ensuring this takeover process reached completion as he felt it was in the best interests of the club. Mike continues to be fully supportive to Steve Bruce, the players and all the staff and wishes them well for the upcoming season.

 

AS carried out an interview where she informed us the deal was off.

PIF released a statement withdrawing their bid.

MA released the above statement advising the takeover had collapsed.

 

What more do you want/need?

 

Richard Masters himself denied they'd rejected the takeover, and the club subsequently pursued arbitration on the issue of whether the OD test applied appropriately. I'm no legal expert but if the case was for compensation, then I'm not sure why the club would be pursuing it, and not Ashley himself. It's his asset after all.

 

It's worth mentioning that AS also engaged fan action on the issues which we obliged. The Reuben brothers released a statement confirming they're "totally supportive" of a resurrection of the takeover and there has been plenty written about PIFs continued interest. These aren't the actions of people who no longer see the takeover as a viable option.