You wonder how it has got this far. I can’t believe still that an arbitration which is supposed to be fair and unbiased has a PL advisor as the chair. That’s just corruption. Pure and simple.
Takeover (Covid-19/20)
- Thread starter RobEllious
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Very true. It’s basically. Look at what we are up against. And your saying the PL are not corrupt. It’s like David v Goliath.
Oh behave mate. If all he wanted was transparency of the process that would have been all he asked for. As it was. he asked for it to be held in public view and lost, and wanted a panel member removing, and lost. All that was gained was a that the outcome of the arbitration would be made public, which is obvs after the fact.
The PL wanted to stop publication of the High Court judgement and the findings of the arbitration panel. I'd say that the ruling of the court vindicates the supposed 'loss.'
As an outsider do you feel the two loses are a bit “bizarre” and that the arbitration is a sham given the PL have a paid for consultant as the chair?
My understanding is that the chair is a former colleague of De Marco at Blackstone.
Seems odd to me that they initially accepted his appointment, knowing that he’d worked for the EPL before, then weeks later found a reason to object.
As an outsider it’s a soap opera for sure, but it’s cheered Captain up, so that’s a bonus I was starting to get worried about me old mucker tbh.
My personal opinion based solely on what I’ve read, is that the arbitration process will likely have days and days of pawing over the test itself and the legal separation arguments. But ultimately the crux of it is how do Newcastle create a sound argument that a state owned investment fund, that has the head of state as its Chair, is somehow independent of the state?
I have no idea how they’ll manage to overcome that, as whatever semantic arguments there might be about the detail of the test itself. The PL issue is quite simple, they don’t want a Saudi state owned club to effectively buy a 1/20th stake in the EPL, due solely to the piracy issue.You can’t literally facilitate theft of their IP and then want to buy into the party as if it somehow doesn’t matter. Would it be ‘fair and reasonable’ for a business facing that situation taking a view that it was something they just couldn’t accept due to direct losses to their partners and the principle itself? I think so, but whether the judges take a different view, who knows.
Having thought about this I agree because I doubt they'd have wanted the result out in public otherwise.
The club has used this legal challenge to effectively narrow the scope of arbitration - legal separation between KSA and PIF.
So basically targeting a specific area meaning nothing else can be scrutinised?
Your second paragraph isn’t quite right. They initially accepted him. But then two weeks later where informed by the defendants legal team of the facts. Thus they raised the concern.
The rest I more or less agree with.
Its all about specifics in that game I believe.
Thing is. I personally can’t see how they can indeed be classed as separate?
Interestingly, the chair had his wrists slapped for "an error in judgement."
Relating to e-mail communications he had with Bird and Bird - the PL's solicitors.
I dunno mate, but I personally feel its in the premier leagues favour..
I believe de marco can win and I believe Ashley is the type to fight until the death, but I think people need to realise that the premier league obviously feel they've got a very strong case themselves and have from day 1.
I feel it could go either way and as an nufc fan I think I know it won't end with the club becoming the richest on earth.
Ah yes. I read this. He effectively questioned the point himself and offered to resign? That’s right isn’t it.
And yet we STILL lost that one? How the ****?
That is where Fatima Shaheed will earn her bucks. She is an expert on Saudi law.
It’s a bit **** that the PL are digging their heels in, using the o and d test: when in fact they are really doing it because of the piracy.
It’s not right.