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Takeover (Covid-19/20)

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

  1. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    The point is that as his name i known and we know the findings will be published. He will under intense scrutiny.
     
    #35561
    magpie290761 likes this.
  2. Toonitus

    Toonitus Well-Known Member

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    Who's on their side though? I don't doubt that demarco and her are aces, but I suspect this is a clash of the titans and it could go either way.

    I hope it doesn't get that far
     
    #35562
  3. Toonitus

    Toonitus Well-Known Member

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    That's just the excuse they found to fail it for BEIN and the big 6
     
    #35563
  4. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

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    But does Saudi Law even matter in the case of a Uk arbitration. It may sway a chair but it’s all hearsay.

    The weird thing is for me. It’s not a matter of fact that the control issue exists. Just because the state own PIF and that they would own a company who would own nufc (three levels of separation) doesn’t factually mean the state “would make any decisions”. The fact is that I suppose “they might”.......
     
    #35564
    Tobes likes this.
  5. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    It comes down to this - establish that PIF are separate then the directors of PIF will sail through the ODT as they have nothing to do with piracy.

    If PIF and KSA are the same that brings state sponsored piracy into play. Piracy was made part of the test by Beloff QC, the chair, back in 2017. That becomes problematic.
     
    #35565
  6. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

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    Yes indeed. But as a direct result they are using a fallacy non factual based argument to deny the takeover.
     
    #35566

  7. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    It does in respect of legal separation.
     
    #35567
  8. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

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    And that is where I worry. I can’t logically see how you can split PIF and KSA.
     
    #35568
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  9. Toonitus

    Toonitus Well-Known Member

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    I'm not sure about that personally because PIF has a certain chairman who controls the state and PIF.

    I'm just an idiot in the street, but there's your link.
     
    #35569
  10. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    De Marco and Shaheed must be very confident of proving separation.
     
    #35570
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  11. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    Surely if the KSA day is separate then it is separate? It's not for another body to decide otherwise?
     
    #35571
  12. Toonitus

    Toonitus Well-Known Member

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    I'm hoping this supposed loss was actually a win. I'm hoping the aim was to let the premier league know win or lose you're being exposed and that they've been so underhand they're now forced to reach an agreement.
     
    #35572
  13. Tobes

    Tobes Warden Forum Moderator

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    I take the converse view tbh. As if they were supremely confident of being able to prove either definitively or on the balance of probability, that there was genuine separation between the investment fund and the State, then they’re not legging it to the High Court to try and have a panel member removed and to have the entire process carried out in the full glare of the public. They’d just turn up, slap their case on the table and smile smugly imo.

    So this smacks of grandstanding to me. Trying to increase the pressure on the PL in the hope that they’ll either fold or agree some form of compromise before or during the process.
     
    #35573
  14. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    That's the issue. The PL are trying to tell Saudi lawmakers that their arguments are bollocks.
     
    #35574
  15. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    Possibly. There may be a compromise to avoid the arbitration.
     
    #35575
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  16. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

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    PIF stands for Public Investment Fund. The fund itself is for the KSA public. Not for the government officials and not for MBS.

    I suppose the piracy issue was a government issue. They let it happen. PIF was not involved in that. PIF is a separate legal entity. It just so happens that the chair is MBS.
     
    #35576
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  17. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

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    Possibly. Playing the only card left maybe? And the PL would surely see right through that.

    It’s more or less a last chance form of blackmail. Let us have our club or else we spill all the beans in public.
     
    #35577
  18. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

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    Clever man you Tobes eh!
     
    #35578
  19. Toonitus

    Toonitus Well-Known Member

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    Seems to me that nufc fans have convinced themselves the case is open and shut in their favour and the people that don't want it can't see how nufc can win it.

    I feel its a classic case of emotional decision making. The human brain makes its decisions based on emotional preference and then looks for evidence to justify it's emotional choice.

    The reality here imo is that this could go either way if it goes to arbitration, but I feel one side will fold prior.
     
    #35579
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  20. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    If there is a folding it will be the PL.
    If nufc thought they would lose would still try arbitration
     
    #35580
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