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Jackie Broon

Jackie Broon

Posted
Posted
Just now, Teasy said:

 

Pretty sure the rules leave it entirely up to the PL to decide who should be named as a director (with the caveat that it can be contested obviously).  So the PL can just say its changed its mind.

 

The PL have already established their position and are currently defending that position in a case that could see them liable for ten of millions in damages. They can't just change their mind now, to do so would be admitting liability.

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Dokko

Dokko

Posted
Posted
Just now, Jackie Broon said:

 

The PL have already established their position and are currently defending that position in a case that could see them liable for ten of millions in damages. They can't just change their mind now, to do so would be admitting liability.

If Ashley gets his full price that goes away as well. To be honest the mention of renegotiations and price changes is probably just to reflect that he had a case. Pif aren’t going to worry about £30m and stall any further, they’ll be i5ching to get in and get a new manager in place before Spurs.

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Teasy

Teasy

Posted
Posted
2 minutes ago, Jackie Broon said:

 

The PL have already established their position and are currently defending that position in a case that could see them liable for ten of millions in damages. They can't just change their mind now, to do so would be admitting liability.

 

They can change their mind, whether they will is the question.  Admitting liability isn't required if the PL and the new owners/Ashley reach a agreement for everyone to move forward happily.

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Jackie Broon

Jackie Broon

Posted
Posted (edited)
16 minutes ago, Dokko said:

If Ashley gets his full price that goes away as well. To be honest the mention of renegotiations and price changes is probably just to reflect that he had a case. Pif aren’t going to worry about £30m and stall any further, they’ll be i5ching to get in and get a new manager in place before Spurs.

 

True but that would have to be coordinated and agreed by all three parties, Ashley, the PL and the consortium.

 

The consortium would essentially be paying for the PL's liability, maybe a few tens of millions is so little to PIF that they'd be willing to do that to get the deal done. I hope so.

 

 

 

 

Edited by Jackie Broon

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nbthree3

nbthree3

Posted
Posted

Here comes Ryder! 

Newcastle United insiders believe that the club's takeover could now boil down to an out of court agreement between Mike Ashley and the Premier League.

ChronicleLive understands that Ashley now feels there is no reason why the deal can't be pushed through - and as he has suggested before he feels the club is already sold.

An insider close to the deal said: "Mike thought the club was sold in April 2020 and he believes he has a deal now.

"It's all down to Mike and the Premier League now."

 

And there is even a suggestion that the club's arbitration battle - set for January 2022 - could be dropped, paving the way for the Premier League to grant Amanda Staveley, Saudi Arabia's Public Investment Fund and the Reuben brothers to complete the ÂŁ340million takeover they had set up for 2020.

However, with the piracy row now out of the equation in the eyes of some, it is believed that Ashley may need only smooth over the legal row between himself, Richard Masters and top-flight officials.

With the Premier League also keen to avoid some of the negative storylines emerging from the club's battle with the top-flight, both sides may be able to come to an agreement.

 

Those within the consortium have stated before that Saudi Arabia - the country - would have no say in running the club.

Suggestions from Qatar are that beIN's objection to the takeover would now be rescinded although that hasn't been officially confirmed yet.

The Premier League, Newcastle United and the Middle East have all been approached for comment.

The Premier League have declined to comment at this stage.

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Teasy

Teasy

Posted
Posted (edited)

Again though I'm not saying this will go through, because I refuse to do that to myself again.  For this to happen the consortium still have to agree to the full price and Ashley has to agree to play nice with the PL.  Otherwise the PL will keep being stubborn just to guard against liability.

 

EDIT yeah I agree Jackie Broon

 

 

Edited by Teasy

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Dokko

Dokko

Posted
Posted
2 minutes ago, Jackie Broon said:

 

True but that would have to be coordinated and agreed by all three parties, Ashley, the PL and the consortium.

 

The consortium would essentially be paying for the PL's liability, maybe a few tens of millions it's so little to PIF that they'd be willing to do that to get the deal done. I hope so.

 

 

I reckon that’s exactly what has been happening in the last 24 hours since the major players knew what was coming. Soon as that’s done and everyone is happy we’ll hear something. Could be very soon the speed everyone wants this to be sorted.

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Dokko

Dokko

Posted
Posted
1 minute ago, Colos Short and Curlies said:

I wonder if the PL got wind that they lost the CAT hearing last week and it would be heard. 

 

33000 people watching also puts huge pressure on it being a public interest case so limited scope for private disclosure. 

 

Likely loads of small pieces finally coming together 


Could be that’s the decider and the distraction is the bein drops the case so we’re free to go. 

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Doctor Zaius

Doctor Zaius

Posted
Posted
1 minute ago, Andy said:

Refuse to get sucked in. Something will come out soon to shoot it down, absolutely nailed on.

 

I feel this way too. Despite having not been off here and Twitter all day.

 

Either some serious amount of jumping the gun and making 5 from 2+2 or sources at the relevent parties, both sides of the dispute letting journalists know that it's on. 

 

Either way I'm not sure. 

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