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Takeover (Covid-19/20)

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

  1. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    <laugh>
     
    #29901
    Munson. likes this.
  2. Toonitus

    Toonitus Well-Known Member

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    What else could arbitration be for?
     
    #29902
  3. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

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    Money money money. For him. That he’s lost.
     
    #29903
  4. Toonitus

    Toonitus Well-Known Member

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    He's after all his money mate he wants out and he wants this deal because he knows its the only time he's getting that figure
     
    #29904
  5. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

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    Nah just kidding. The arbitration in my opinion is to initially arrive at a decision. Which if it falls in favour of MA then he moves onto the next step.

    Because I don’t think PIF are still at the table (that’s just my opinion it’s not factual or based on anything) the next step is to then bring legal proceedings to the PL for loss of value.

    I appreciate people are saying Fatima is involved but that’s to strengthen the case. It does not indicate that PIF are still willing buyers.
     
    #29905
  6. Toonitus

    Toonitus Well-Known Member

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    Fair enough but ask yourself why Ashley would pay many millions to win the right to sell if he wasn't told by pif they'd go ahead if he won?
     
    #29906
    Rum & Black for 2 likes this.
  7. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

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    I don’t deny he wants out and I also agree he wants his money. But I personally don’t think PIF are still at the table.

    Anyhoo it’s all going down one way or another and I genuinely think there is change coming soon. But what it is or who it will be who knows.
     
    #29907
    Munson. likes this.
  8. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

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    I think about that all the time. And my own conclusion is for him to claim losses.

    He can’t lose if the arbitration proves the PL where wrong. He was due to make 300m (350m maybe) so if he accepts 250m from someone else he claims the balance in legals because he had that offer and deal on a plate. The only thing stopping it was the PL. Hence my theory is for his own financial position.

    You have said he doesn’t give a flying **** about the club and your quite right. As long as he gets his 300m he won’t give a damn who it is going too.
     
    #29908
  9. Roland Deschain

    Roland Deschain Well-Known Member

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    Kennedy reckons he's rebuffed a "high volume" of interest in the club. We're either stuck with him for longer than we thought. or most of the interest is very "Midhat", or the legal situation is the fastest way out.

    We can only pray it's the latter.
     
    #29909
  10. Toonitus

    Toonitus Well-Known Member

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    He wants this deal qbd it's quite clear to me he wouldn't be messing around paying millions and knocking back others if he didnt think he was going to win.
     
    #29910

  11. Roland Deschain

    Roland Deschain Well-Known Member

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    I think this is a very real possibility. Arbitration for me is purely about Ashley's pocket.

    I think the ITK journo's and their PIF claims get their info from Staveley, but I don't think she's overly forthcoming with the truth sometimes.
     
    #29911
    Prince Isak (GG) likes this.
  12. Prince Isak (GG)

    Prince Isak (GG) Well-Known Member

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    There’s some saying that if the Arb falls in MA favour and that PIF would come BACK to the table. But there is no guarantee.

    Quite simply the Arb needs addressed ASAP.
     
    #29912
    magpie290761 likes this.
  13. boxheed

    boxheed Well-Known Member

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    Can you use a few more acronyms please:emoticon-0100-smile
     
    #29913
  14. Toonitus

    Toonitus Well-Known Member

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    You think demarco is deliberately winding fans up? I don't
     
    #29914
    Schlem Boogerman and Flash like this.
  15. Toonitus

    Toonitus Well-Known Member

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    #29915
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  16. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    Aribtration relating to 'proposed takeover. Not failed. All but confirmed that arbitration is to force through the takeover...

    Screenshot_20210112-125142_Twitter.jpg
     
    #29916
    Flash likes this.
  17. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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  18. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    Can you summarise? I can't read it on my phone and I'm teaching about bank statements on my laptop.
     
    #29918
  19. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    Masters says that he can't discuss the case due to legal confidentiality. Most of the letter is about the money that goes to the EFL.

    At the end Masters discusses arbitration and refers to the 'proposed takeover of Newcastle United. He does not use the word failed. His use of language suggests that arbitration is to try and resolve this in a timely manner. PIF has not walked away.
     
    #29919
    Last edited: Jan 12, 2021
  20. Jamtoon88

    Jamtoon88 Well-Known Member

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    Someone on a different forum reckons arbitration is either ongoing or imminent for a resolution and the arbitration bored isn’t as unfavourable as you would expect.
     
    #29920

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