1. Log in now to remove adverts - no adverts at all to registered members!

Takeover (Covid-19/20)

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

  1. Toonitus

    Toonitus Well-Known Member

    Joined:
    Aug 4, 2019
    Messages:
    115,975
    Likes Received:
    60,174

    Tbh I've been right about the case from day 1, but I just struggle to see how PIF is seperate to the state.

    It just seems to me that the entire universe including judges hates newcastle
     
    #35441
  2. Toonitus

    Toonitus Well-Known Member

    Joined:
    Aug 4, 2019
    Messages:
    115,975
    Likes Received:
    60,174
    Won the lottery and no payout.

    Honestly just **** off...
     
    #35442
  3. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

    Joined:
    Jan 29, 2011
    Messages:
    34,737
    Likes Received:
    23,645
    Debatable.

    SA have said it's separate. They have to accept that.

    Though as has been said before why they are not using a sport vehicle is beyond me
     
    #35443
  4. Toonitus

    Toonitus Well-Known Member

    Joined:
    Aug 4, 2019
    Messages:
    115,975
    Likes Received:
    60,174

    They obviously have a reason simple as that.

    I just know how it ends from 12 point leads to the premier league not letting us be the richest club in the world.

    It's ****ing sickening supporting this club
     
    #35444
  5. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

    Joined:
    Apr 10, 2012
    Messages:
    14,470
    Likes Received:
    10,398
    Here is the main take away from the judgement concerning KSA and their level of 'control.'

    Screenshot_20210305-172656_Samsung Internet.jpg
     
    #35445
  6. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

    Joined:
    Jan 29, 2011
    Messages:
    34,737
    Likes Received:
    23,645
    They like the word 'fanciful'
     
    #35446
  7. Ben 10

    Ben 10 Well-Known Member

    Joined:
    Dec 5, 2012
    Messages:
    15,019
    Likes Received:
    12,671
    <laugh><laugh><laugh>
     
    #35447
  8. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
    Forum Moderator

    Joined:
    Jun 27, 2011
    Messages:
    73,824
    Likes Received:
    39,880
    surely if KSA provide legal proof that under Saudi law PIF are a separate entity the PL and even the arbitration panel aren’t in a position to challenge the prevailing laws of the land in which a company is registered?
     
    #35448
  9. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

    Joined:
    Apr 10, 2012
    Messages:
    14,470
    Likes Received:
    10,398
    So the argument is that KSA has control of PIF that satisfies company law and so must be named director. That is the only issue for arbitration.

    That there is your proof.
     
    #35449
    Flash likes this.
  10. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

    Joined:
    Apr 10, 2012
    Messages:
    14,470
    Likes Received:
    10,398
    They have to apply it to UK Company law. It is whether it satisfies the definition under the Compsnies Act.
     
    #35450
    Albert's Chip Shop likes this.

  11. Roland Deschain

    Roland Deschain Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    13,905
    Likes Received:
    11,867
    Come again?
     
    #35451
  12. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
    Forum Moderator

    Joined:
    Jun 27, 2011
    Messages:
    73,824
    Likes Received:
    39,880
    so putting it simply the whole affair hinges on NDM’s ability to convince the panel that KSA shouldn’t be a director?
     
    #35452
  13. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

    Joined:
    Apr 10, 2012
    Messages:
    14,470
    Likes Received:
    10,398
    The PL are arguing that KSA satisfy the definition of control under company law so are a director who must be named.
     
    #35453
  14. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
    Forum Moderator

    Joined:
    Jun 27, 2011
    Messages:
    73,824
    Likes Received:
    39,880
    A cynic could say that NUFC making all of this noise about the panel member is part of a bigger strategy to put pressure on the third member to lean towards siding with NUFC.

    I just hope that the PL and NUFC come to some sort of arrangement. Money talks so hopefully letting Bein into KSA will help that process.
     
    #35454
    magpie290761 likes this.
  15. Toonitus

    Toonitus Well-Known Member

    Joined:
    Aug 4, 2019
    Messages:
    115,975
    Likes Received:
    60,174
    This chairman dude has been in it up to his neck from day 1.

    We're ****ed
     
    #35455
  16. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
    Forum Moderator

    Joined:
    Jun 27, 2011
    Messages:
    73,824
    Likes Received:
    39,880
    surely though a director had to be an individual person not a state?
     
    #35456
  17. Albert's Chip Shop

    Albert's Chip Shop Top Grafter
    Forum Moderator

    Joined:
    Jun 27, 2011
    Messages:
    73,824
    Likes Received:
    39,880
    This from the governments own website. I struggle to see how a state can fit this criteria?

    6D947965-6C28-4371-A988-CACED409A282.jpeg
     
    #35457
  18. Toonitus

    Toonitus Well-Known Member

    Joined:
    Aug 4, 2019
    Messages:
    115,975
    Likes Received:
    60,174

    Or they just know he's bias and we're ****ed
     
    #35458
  19. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

    Joined:
    Apr 10, 2012
    Messages:
    14,470
    Likes Received:
    10,398
    A state cannot be a director under Company law. That judge is suggesting though that if they were named as director, they may fail the test.
     
    #35459
  20. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

    Joined:
    Jan 31, 2011
    Messages:
    30,155
    Likes Received:
    17,293
    This really hurts my testicles. What does it mean?
     
    #35460

Share This Page