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Bearing in mind whatever leverage the consortium's legal team had to cause the takeover to get pushed through so quickly, I have to say I actually have a half glass full feeling in that there's a reasonable chance this won't stick. Too much hypocrisy to not use as leverage. 

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Massive can of worms tbh

 

Are Arsenal allowed to continue with the Emirates cup?

Are Liverpool allowed to play lucrative games at Fenway Park?

Will Tottenham have to get rid of their NFL partnership as the Glazers have an interest in the NFL?

 

The smaller clubs are already going to get shafted by the ban on betting sponsors. Clubs have to be allowed to make money how they want and at a fair market rate

 

 

Edited by geordie_b

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1 minute ago, Awaymag said:

oh this is getting interesting.   I really think Masters and Hoffman will be gone soon.   Also, how can these clubs have private meetings without NUFC attending?

 

All 20 clubs were involved. Lee Charnley was there representing NUFC. Went to a vote and was 18-2 to stop these dodgy sponsors 

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1 minute ago, Pokerprince2004 said:

 

All 20 clubs were involved. Lee Charnley was there representing NUFC. Went to a vote and was 18-2 to stop these dodgy sponsors 

I refer the right honourable gentleman to the aforementioned article and in particular, the following section.

 

Straight after it, the 19 clubs met on their own to discuss the financial implications of having the Saudis as competitors. It led to the draft of the temporary ban on related party transactions – Newcastle would be notified of this – and then to Monday’s meeting.

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Just now, Awaymag said:

I refer the right honourable gentleman to the aforementioned article and in particular, the following section.

 

Straight after it, the 19 clubs met on their own to discuss the financial implications of having the Saudis as competitors. It led to the draft of the temporary ban on related party transactions – Newcastle would be notified of this – and then to Monday’s meeting.

 

Apologies, I didn't read the last part of the article. Valid question. This whole takeover is causing so much bother

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1 minute ago, Ben said:

So this means that any company that has links to the owners of a club can't sponsor said club ?

 

I'd imagine it's less the affiliation, and more the skewed value of said deals.

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4 minutes ago, Pokerprince2004 said:

 

All 20 clubs were involved. Lee Charnley was there representing NUFC. Went to a vote and was 18-2 to stop these dodgy sponsors 

 

That was just the meeting with the vote to impalement it, apparently they came up with it during their No Newcastles Club meeting.

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 Yup - things are gonna just escalate from here. The Russian comes in at Chelsea all those years ago - nothing done. UAE takeover Man City - nothing done. Saudis takeover Newcastle and suddenly it's unfair?

 

Had it been Arsenal, Spurs or Man United taken over - this doesn't happen.

 

 

Edited by Big Geordie

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3 minutes ago, David Edgar said:

 

Don't think so.  Think deals have to be at market value.  Whatever that is.

 

In that case my company (Bens bath soaps) would like to sponsor Newcastle for £999 million for the next 2 seasons, its my final offer, can anyone beat that.

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Just get friendly countries to Saudi Arabia to sponsor us like Bahrain and then divert the money to them for the smaller sponsorships like sleeves and a market value deal with Aramco or Saudia for the main shirt sponsor so the Saudis get their prestige.

 

edit.

 

 

Edited by SAK

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Been a total shit show so far. Maybe we're all just bent out of shape waiting so long for the actual takeover that we've got none left for anything else, however this is terrible and if they cannot see it then the whole thing is going to end up badly. 

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