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58 minutes ago, Whitley mag said:

No update still waiting for Fanny’s screen shot first.

For what it’s worth someone did call Keith out on it. When pointed out you could clearly see ‘the club’ was photoshopped. Tbh I wouldn’t know where to start to look for it 

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1 hour ago, gdm said:

For what it’s worth someone did call Keith out on it. When pointed out you could clearly see ‘the club’ was photoshopped. Tbh I wouldn’t know where to start to look for it 

 

I'll have a look for it but I'm still stuck on this bloody call about "our options" whatever he means by that:

 

O4RlEyp.jpg

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There such a mess of conflicts of interest with the way the PL operates.

 

I just can't see how it can be lawful to have what is in effect a market regulator that is collectively owned by and has such a close cosy relationship with some of the businesses in the market it regulates.

 

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Haven't read the last few pages in this thread because I just get lost when I try to do...

 

Can anyone fill me in what's happening:

 

1. Will there be any result of the CAT-case made in public, and if so what's the timescale for that?

 

2. And what's the next step?

 

3. What's this all leaning towards, takeover or no takeover?

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2 minutes ago, Toon No9 said:

Haven't read the last few pages in this thread because I just get lost when I try to do...

 

Can anyone fill me in what's happening:

 

1. Will there be any result of the CAT-case made in public, and if so what's the timescale for that?

 

2. And what's the next step?

 

3. What's this all leaning towards, takeover or no takeover?

 

1. The hearing results will be made public, timeframe is generally a month or so after the hearing. The club should know imminently.

 

2. Arbitration in January.

 

3. No news on that, arbitration will hold the ultimate answer. 

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Just now, Toon No9 said:

Haven't read the last few pages in this thread because I just get lost when I try to do...

 

Can anyone fill me in what's happening:

 

1. Will there be any result of the CAT-case made in public, and if so what's the timescale for that?

 

2. And what's the next step?

 

3. What's this all leaning towards, takeover or no takeover?

 

1. Yes, probably by the end of the month, although that's only the decision on whether the CAT has jurisdiction to hear the case.

 

2. The next step in the CAT case, unless it's thrown out or delayed, is the PL's submission of its defence, then a public case management meeting.

 

But that almost certainly wouldn't be before the arbitration in January.

 

3. Dunno, it probably probadepends depends what happends where we are in January and whether PIF are actually waiting in the wings.

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Good move and long overdue. Point remains that arbitration is about separation between PIF and state (so state directors wouldn't have to submit to the O+D if separation is proven). Sentiment here is perfect imo

 

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https://www.bloomberg.com/news/articles/2021-10-06/saudi-arabia-said-close-to-lifting-broadcast-ban-on-qatar-s-bein

 

Saudi Arabia is close to formally lifting a ban on Qatari sports broadcaster BeIn Media Group, potentially removing a major obstacle to the kingdom’s pursuit of U.K. soccer team Newcastle United FC, according to a person familiar with the matter.

A decision could come as soon as the coming weeks, allowing BeIn to formally resume broadcasting its sports content in the kingdom, the person said, asking not to be identified discussing confidential information. Talks are ongoing and could still fall apart, they said.

 

Any move to lift the ban would ease a possible takeover of Newcastle United by an investor group led by Saudi Arabia’s Public Investment Fund.

 

BeIN has been a major opponent of such a deal, arguing to the U.K. Premier League clubs that the ban in Saudi and alleged piracy of its content in the region was doing massive damage to sports rights holders.

The PIF group, which also included English financier Amanda Staveley and the British billionaire brothers Simon and David Reuben, abandoned a proposed 300 million-pound ($407 million) takeover of Newcastle United in July 2020, blaming the decision on a prolonged approval process and the impact of the Covid-19 pandemic. 

 

BeIn would no longer object to a takeover if the ban in Saudi is lifted, the person said. Representatives for BeIn, the PIF and the Premier League couldn’t immediately be reached for comment. 

 

Newcastle United is one of the best-supported teams in England and regularly draws crowds of more than 50,000 to its stadium in the northeast of the country. Fans of the club, who have become disillusioned by perceived mismanagement under billionaire owner Mike Ashley, have hoped for a new owner to invest in players and make the team more competitive. Newcastle United has not won a major trophy for more than 50 years.

 

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19 minutes ago, nbthree3 said:

Good move and long overdue. Point remains that arbitration is about separation between PIF and state (so state directors wouldn't have to submit to the O+D if separation is proven). Sentiment here is perfect imo

 

"Feels significant" is the new "Wait" 

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19 minutes ago, BennyBlanco said:

Might have made a difference a year ago. Premier league are too entrenched now, IMO, to back down. They’ll make themselves look an even bigger shower of cunts.

 

If Qatar/BeIn are no longer kicking up a stink then I don't see what reason the PL would have to choose stubbornness over a £300m+ investment in their product. 

 

The thing I've always thought with this whole saga - and one reason why I've always retained some optimism - is that there is a scenario here where everybody wins. The Saudis, Qatar, BeIn, Mike Ashley, NUFC all profit from this transaction if the stars can align for each stakeholder. 

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  • Yorkie changed the title to Takeover Thread - see OP for updates

I saw that plane spotting thread, also claims that Ashley's chopper (oo-er missus) flew up here this morning.

 

Total guesswork, and speculation, but would be nice if the consortium (or at least the uk based element) has requested a meeting with Ashley regarding the manager and the teams position, on the back of the NUST survey result gaining traction/media publicity, and particularly with the arbitration dates now public and a definite date for a resolution one way or another.

 

Should it go our/the clubs way, then the last thing they'll want is to be faced with buying a club which could be deep, deep in a relegation fight by then, simply because Ashley won't act.

 

Then again, its probably all just Twitter bollocks and nowt is happening.

 

 

Edited by TK-421

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I'd imagine these people are too busy to all board a plane just to have a meeting with Mike about Steve Bruce's efforts tbh.

 

Sure the only time all of these people get on a plane to Newcastle is when they have purchased us, otherwise it's noise and Twitter bullshit (lies on twitter, I never!)

 

 

Edited by NE27

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  • Rich changed the title to PIF, PCP, and RB Sports & Media inject a further £38.5M to cover day-to-day running costs (The Athletic)
  • Rich changed the title to PIF, PCP, and RB Sports & Media

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