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PIF, PCP, and RB Sports & Media


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14 hours ago, TK-421 said:


Separation issues wasn't the issue, was it?

It was the piracy, regardless of the PL statement, wasn't it?

100%.  The ‘separation’ stuff was only ever there to nail the KSA state on piracy.  There’s nowt in the rules re a HoS owning a PL club. 

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3 hours ago, TheBrownBottle said:

100%.  The ‘separation’ stuff was only ever there to nail the KSA state on piracy.  There’s nowt in the rules re a HoS owning a PL club. 

That's right but the PIF argument was that MBS would have no involvement in the running of the club and therefore didn't have to be put through the Owners and Directors Test.

 

It was just an excuse to delay it until the piracy was sorted out obviously but the reason it took so long, then stalled completely, was that the PL said "MBS is going to exert control, we want him listed as a Director and do the ODT" and the club said "No he isn't so he isn't going to be listed as a Director and he isn’t doing the test".

 

As soon as someone who isn't listed as a Director with the PL starts to exert some sort of influence or control over a club you could have bother, if the PL were bothered enough to do something about it.

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17 hours ago, kocunar said:

I heard that the translation is wrong and that he said the opposite, waiting to hear a confirmation

Yep, bad translation. She meant the decision making process can bypass the crown prince if the majority of votes went against him. That’s what he said and he gave an example for it. 

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They've also added the PIF CFO and the Deputy Governor and Head of the International Investments Division to NCUK Investment, which is the entity that owns PIF stake in NUFC. 

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2 minutes ago, Scotty66 said:

Yasir has black and white stripes on the inside of his suit jacket man.

He ain't leavin'

 

 

Yea, he seemed really excited about the team with the most arse kicking suit anywhere. Unless his other duties or some internal PIF thing forces him out.

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11 hours ago, Greg said:

They've also added the PIF CFO and the Deputy Governor and Head of the International Investments Division to NCUK Investment, which is the entity that owns PIF stake in NUFC. 

Yeah this definitely doesn't appear to be PIF cutting ties, just swapping two PIF guys for two different PIF guys.

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If this fella is found guilty I wonder if it’ll bring it question his suitability under the PL O&D Test?  After all someone just has to fart in the Newcastle boardroom and the entire sports media and PL Clubs are wanting us investigated.

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13 minutes ago, FloydianMag said:

If this fella is found guilty I wonder if it’ll bring it question his suitability under the PL O&D Test?  After all someone just has to fart in the Newcastle boardroom and the entire sports media and PL Clubs are wanting us investigated.

Not really, he moved ownership of Spurs into a family ran trust years ago.

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