Jump to content

PIF, PCP, and RB Sports & Media


Yorkie

Recommended Posts

21 hours ago, Charlies said:

From the Chronic:

 

New Toon director Majed Al Sorour certainly enjoyed himself on Monday night during the 2-0 win over Arsenal as he celebrated with players and fans alike following the terrific evening against the Gunners.

Afterwards, he took to his Linkedin account and stated: "Next season will be better". In the past Newcastle's top brass have tried to manage expectations and not allow people to get carried away.

But it should be noted that there is not only bright ambition at St James' Park these days, there is also a calmness when it comes to doing business. Eddie Howe hinted at that this week when saying United would wait for the right deals.

When replying to another fan on his social account Al Sorour spoke about the vision at the club in their bid to reach the top, commenting: "We will do whatever it takes."


 

This is exactly what he said.. and also surprised nothing was said that there were members of the Royal family there on Monday…

 

 

”What an incredible win
Walking the pitch, saying thank you to the fans, the coaches And the players was beautiful expression of content. Next season will be better
Your royal highness Prince Khalid bn bander our ambassador to the UK thanks for attending the match with your wife. 
Jamie Rubein, Amanda And Mehrdad, what an amazing end for a home game 
Mr Chiarman yasir Al Rumayyan 
Thank you for your trust on me and wish you were here with us on an amazing win 
 #nufc #premierleague #newcastle #vision2030 #saudiarabia #saudivision2030”

 

And then his replies in the comments were

 

We will do all it takes

 

Very soon we will turn to the city and the area together and make them all better

Link to post
Share on other sites

https://www.theguardian.com/football/2022/may/24/government-did-encourage-premier-league-to-approve-saudi-newcastle-takeover?CMP=Share_iOSApp_Other

 

Boris Johnson’s government worked for months to encourage the Premier League to approve the controversial Saudi Arabia-backed takeover of Newcastle United, a Guardian investigation can reveal.

 

Grimstone’s work appears to have extended as far as trying to broker a solution to the Saudi piracy of Premier League and other sports TV rights bought by the Qatari broadcaster BeIN, which was seen as a barrier to the takeover being approved.

 

I don't think it's anything we didn't know before? 

Link to post
Share on other sites

"However the Premier League did not approve the takeover then, and only did a year later after the PIF provided “legally binding assurances that the Kingdom of Saudi Arabia will not control Newcastle United”. Although some Premier League clubs were incensed this was accepted, sources close to the process have explained that the assurances did make a crucial difference to the legal advice, so that KSA was no longer considered a controlling party."

 

Reason the takeover happened when it did

Link to post
Share on other sites

More Guardian drivel it was Grimstones role to facilitate inward investment, of course he’d be asking questions why it had been blocked. The whole of Tyneside demanded to know why it had been blocked it was in the public interest.

Link to post
Share on other sites

On 06/05/2022 at 13:28, nbthree3 said:

 

 

Update on the application: It all seemed to be going swimmingly, until yesterday when comments came in from the Council’s ecology and landscape officers.

 

There is the potential for a bat roost within the buildings and surveys will need to be carried out to check for bats. The ecological impact assessment submitted by the architect actually recommends that the surveys are needed, but it seems that they haven’t been carried out and submitted with the application. That’s a frustratingly common oversight, I suspect most architects/agents don't actually read those reports before submitting them.

 

There are also a couple of trees that will need to be removed to make way for the extensions but the architect has not submitted a tree survey, that will need to be done, submitted and assessed. Another frustratingly common oversight.

 

There has also been Japanese Knotweed identified in the area of the extensions and further survey work and a remediation scheme will be needed for that, which will probably be conditioned but with a pre-commencement condition. Which will result in needing to make a discharge of conditions application before starting.

 

Very unlikely they’re going to be able to start this summer now. If a bat roost is identified it isn't necessarily terminal to the application, but would at least delay things further if it would be disturbed, which would require a licence from Natural England.

 

 

Edited by Jackie Broon

Link to post
Share on other sites

19 minutes ago, Ben said:

Is this sort of investment ok ? Can the Saudis just pump money in as Capital Investment ? Or does the Top 6 have different rules ? 

Yeah they can, that in itself isn't against the rules as long as its covered by income (which it will be due to them being in the CL next season)

 

FFP is just a stripped down version of profit & loss and capital investment doesn't count as income so they can't just pump money in and say "Look, we made an extra £150m!"

Link to post
Share on other sites

FFP is shite like. If this had been around from the start of the PL era then Blackburn wouldn’t have happened, the Keegan era wouldn’t have happened, Chelsea & Man City wouldn’t have happened to the extent it did. The champions for the last 30 years would likely have just been Man U, Arsenal & Liverpool. Get to fuck. If an owner wants to pump their own cash in then they should be allowed. It’s the opposite they should be clamping down on, ie, owners taking money out of it.

Link to post
Share on other sites

4 minutes ago, Optimistic Nut said:

FFP is shite like. If this had been around from the start of the PL era then Blackburn wouldn’t have happened, the Keegan era wouldn’t have happened, Chelsea & Man City wouldn’t have happened to the extent it did. The champions for the last 30 years would likely have just been Man U, Arsenal & Liverpool. Get to fuck. If an owner wants to pump their own cash in then they should be allowed. It’s the opposite they should be clamping down on, ie, owners taking money out of it.

 

Totally agree 

 

 

Link to post
Share on other sites

7 hours ago, Jackie Broon said:

 

Update on the application: It all seemed to be going swimmingly, until yesterday when comments came in from the Council’s ecology and landscape officers.

 

There is the potential for a bat roost within the buildings and surveys will need to be carried out to check for bats. The ecological impact assessment submitted by the architect actually recommends that the surveys are needed, but it seems that they haven’t been carried out and submitted with the application. That’s a frustratingly common oversight, I suspect most architects/agents don't actually read those reports before submitting them.

 

There are also a couple of trees that will need to be removed to make way for the extensions but the architect has not submitted a tree survey, that will need to be done, submitted and assessed. Another frustratingly common oversight.

 

There has also been Japanese Knotweed identified in the area of the extensions and further survey work and a remediation scheme will be needed for that, which will probably be conditioned but with a pre-commencement condition. Which will result in needing to make a discharge of conditions application before starting.

 

Very unlikely they’re going to be able to start this summer now. If a bat roost is identified it isn't necessarily terminal to the application, but would at least delay things further if it would be disturbed, which would require a licence from Natural England.

 

 

 

 

Me and my lass were part of the bat survey before Spanish City was upgraded and I think it delayed things by about a month IIRC.

Link to post
Share on other sites

3 minutes ago, Gaztoon said:

Feck FFP anyway, budget for the fine and blow everyone out the water.

Fines aren’t the problem though, points deductions for breach of FFP are and the PL would use points deductions against us if we breached FFP.

Link to post
Share on other sites

2 minutes ago, FloydianMag said:

Fines aren’t the problem though, points deductions for breach of FFP are and the PL would use points deductions against us if we breached FFP.

 

Have they done it to anyone as of yet?

Link to post
Share on other sites

1 minute ago, Optimistic Nut said:

Even if the PL didn’t, UEFA will bar us from European competition.

 

When that has happened to other clubs  it's been knocked back as soon as it has went to the CAS.

Link to post
Share on other sites

5 minutes ago, Gaztoon said:

I don't know the ins and outs of this FFP.

 

But could it be classed as a restriction of trade ?

Some legal people believe it is a restriction on trade. Needs to be tested in court. Arguably transfer windows could be deemed the same.

Link to post
Share on other sites

1 hour ago, Optimistic Nut said:

FFP is shite like. If this had been around from the start of the PL era then Blackburn wouldn’t have happened, the Keegan era wouldn’t have happened, Chelsea & Man City wouldn’t have happened to the extent it did. The champions for the last 30 years would likely have just been Man U, Arsenal & Liverpool. Get to fuck. If an owner wants to pump their own cash in then they should be allowed. It’s the opposite they should be clamping down on, ie, owners taking money out of it.

 

Absolutely, that's the whole point too. It's yet another way that the league has tried to pull the ladder up on the sly, championing it as fairness.

Link to post
Share on other sites

3 minutes ago, FloydianMag said:

Some legal people believe it is a restriction on trade. Needs to be tested in court. Arguably transfer windows could be deemed the same.

 

Thats why they will never give points deductions.

 

It would last two mins in court

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...