Takeover (Covid-19/20)

Same as every Wednesday

 

Not looking promising is it

 

So what was said on the call between Bruce and Ashley that apparently was happening today?

 

WTF does that mean?

 

Yeah wtf does it mean

 

It means the findings of the initial WTO report that found in favour of Qatar is meaningless and can't be used to discredit the Saudi bid for the club. Appeals are not currently being heard and won't be for a long while (if at all) so although there will still be piracy concerns raised by the PL anything mentioned in the WTO report is null and void.

 

Sounds good but does it delay a decision until the appeal is heard and resolved?

This is way above my level of understanding all this

 

No, the O&D test makes reference to the fact the PL can't take in to account legal decisions that have been appealed (and this appeal will never be heard).

 

Except the PL decides what it's concerned about not the WTO

 

Agreed...but they can no longer use the WTO report to support their concerns.

 

Irrelevant since the concerns predate the WTO report

 

So in light of this might that be why they've turned to hiding behind being unhappy with answers on ownership?

 

Sounds like PIFS lawyers have identified a legal reason why their concerns don't count.

I dunno

But I think it makes sense..

 

The only difference is that if the PL decide to use piracy concerns in their rejection they have to write a #summary of their concerns rather than just stick in a reference to the WTO report and leave it at that

 

Flimsy that surely? Anyway I won't pretend I'm a lawyer.

I'll wait for some expert opinion to come out.

Some saying the Saudis are launching an investigation in to collusion between the premier league and Qatar..

 

That will go well

 

Qatari’s need a slap not ref to just this btw

 

It's not irrelevant, as the PL don't appear to have any proof to link the Saudi's to piracy (if they did the deal would've been rejected). The WTO report found the Saudi's did not do enough to prevent piracy but now the Saudi's have appealed the finding is no longer valid.

I'm no lawyer, I'm not ITK or anything like that but the WTO report was widely regarded as:

A. A big win for Qatar
B. A big 'red flag' or stumbling block for the takeover.

So the fact that report is now null and void until the appeal is heard (which will never happen) is a big win for consortium.

Does it mean the takeover is more likely to pass? No idea, especially as the latest reports suggest difficulty in separating PIF from the KSA Government but it's clearly one road block which has been overcome by the consortium. So much importance was put on the WTO report given it's findings but that report no longer legally exists; there is no way that this can't be viewed as anything other than a win for Saudi's.