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Takeover (Covid-19/20)

Discussion in 'Newcastle United' started by RobEllious, Mar 30, 2020.

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  1. Toonitus

    Toonitus Well-Known Member

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    no PIF ? why
     
    #641
    Toonitus, Apr 14, 2020
  2. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    no idea
     
    #642
    Darren Peacock’s Ponytail, Apr 14, 2020
  3. Toonitus

    Toonitus Well-Known Member

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    how have you concluded no PIF?
     
    #643
    Toonitus, Apr 14, 2020
  4. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    Mentions Cantervale (That is Mandy)
    Mentions RB Sports (That is The Reuben Btrothers)

    No PIF mentions
     
    #644
    Darren Peacock’s Ponytail, Apr 14, 2020
  5. RobEllious

    RobEllious Well-Known Member

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    Richie Southern says crack out the cans Chaos.....
     
    #645
    RobEllious, Apr 14, 2020
    Munson. and Flash like this.
  6. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    Should also mention that it is a loan of some description between the two parties
     
    #646
    Darren Peacock’s Ponytail, Apr 14, 2020
  7. Joelinton's Right Foot

    Joelinton's Right Foot Worth Every Penny

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    It's not happening
     
    #647
    Joelinton's Right Foot, Apr 14, 2020
  8. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    You are right - cancelling the PL season is not happening

    Pity you are on the wrong thread!
     
    #648
    Darren Peacock’s Ponytail, Apr 14, 2020
    Munson. likes this.
  9. Welshie

    Welshie Chavcunt fanboy dickhead

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    So, let me get this straight the Reuben brothers just bought NUFC?
     
    #649
    Welshie, Apr 14, 2020
  10. Roland Deschain

    Roland Deschain Well-Known Member

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    PIF is involved - via NCUK.
     
    #650
    Roland Deschain, Apr 14, 2020
    Munson. likes this.

  11. Joelinton's Right Foot

    Joelinton's Right Foot Worth Every Penny

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    That's not happening either
     
    #651
    Joelinton's Right Foot, Apr 14, 2020
  12. Welshie

    Welshie Chavcunt fanboy dickhead

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    GUYS DONT IGNORE ME, IF THIS JUST HAPPENED I NEED TO KNOW

    I need to know if I should cry with happiness
     
    #652
    Welshie, Apr 14, 2020
    Munson. likes this.
  13. Joelinton's Right Foot

    Joelinton's Right Foot Worth Every Penny

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    You can cry, but not with happiness. It's not happening!
     
    #653
    Joelinton's Right Foot, Apr 14, 2020
  14. Welshie

    Welshie Chavcunt fanboy dickhead

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    this is why they killed you in the mafia games
     
    #654
    Welshie, Apr 14, 2020
    Rum & Black for 2, Munson. and Joelinton's Right Foot like this.
  15. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    Looks like its just exclusivity

    Deposit paid
     
    #655
    Darren Peacock’s Ponytail, Apr 14, 2020
  16. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    No other party have got this far
     
    #656
    Darren Peacock’s Ponytail, Apr 14, 2020
  17. Welshie

    Welshie Chavcunt fanboy dickhead

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    Speak English or Norwegian please, for the rest of us.
     
    #657
    Welshie, Apr 14, 2020
  18. G4rdToonArmy

    G4rdToonArmy Well-Known Member

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    Nothing happening or no announcments for at least another 2 weeks but good signs of progress being made - PIF are on a buying spree at the moment. I'm staying ambiguous until its done though.
     
    #658
    G4rdToonArmy, Apr 14, 2020
  19. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    I spoke in English and no idea what step of the process this is.

    But huge!
     
    #659
    Darren Peacock’s Ponytail, Apr 14, 2020
  20. Roland Deschain

    Roland Deschain Well-Known Member

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    It's basically a load of shifting around on Companies House, but the critical piece is that one of the charges, from Amanda Staveley's PCP Capital Partners, directly specified St James Holdings - that's Ashley's company and is in effect Newcastle United. That's why this is potentially HUGE.

    What this potentially means is a transfer of shares to PCP of 100% ownership. The other charges relate to the other shareholders - Cantervale (Staveley's company - 10%), RB Sports (Reuben Bros - 10%) and NCUK (PIF - 80%), with a bunch of money being transacted everywhere.

    The reason this is unlikely to be a deposit is because it's Companies House charges. Instead it's almost 100% about the transfer of shares/ownership of the club.
     
    #660
    Roland Deschain, Apr 14, 2020
    Munson., G4rdToonArmy and Flash like this.
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