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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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    You calling him a mackem?

    @Geordieginola hope you're going to meet him outside McDonald's?
     
    #36661
  2. jimileysbaldhead

    jimileysbaldhead Well-Known Member

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    <laugh>
     
    #36662
  3. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    I have concluded something slightly different, but I don't understand this kind of stuff tbh

    I think Ashley can't furlough anymore and he has decided he doesn't want the salaries anymore.

    Basically if arbitration is lost he would rid, so he's just got rid now.?
     
    #36663
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  4. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    Then he would just close it. He hasn't. He's transferred the shop back in the club's name and not Sports Direct.

    Biggest positive is that that it could suggest when takeover does occur then no more SD full stop
     
    #36664
  5. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    Maybe he's just going to run it like a warehouse online?
     
    #36665
  6. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    No as he wouldn't then transfer it back to the club

    Especially considering shops are now re-opening and fans will soon be allowed back in
     
    #36666
  7. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    I still don't understand
     
    #36667
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  8. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    PiF did not want sports direct running the club merchandise.

    Rumblings of the takeover bring close to being done

    Club shop transferred back to club

    Billions
     
    #36668
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  9. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    An agreement in place... No arbitration will take place

    This springs to mind

    Screenshot_20210401_191326_com.android.chrome.jpg
     
    #36669
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  10. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    They must be very very confident if its not done already.
     
    #36670
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  11. cronemeister

    cronemeister Well-Known Member

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    Does it specifically mention potential new owners in the letter like the article in the Mail suggests?
     
    #36671
  12. cronemeister

    cronemeister Well-Known Member

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    What happened to cans like? #bottles doesn't quite have the same ring to it !!
     
    #36672
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  13. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    I can answer that
     
    #36673
  14. Tobes

    Tobes Warden
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    If that was the case then the shop workers would simply TUPE over to NUFC from the Frasier Group.

    He’s closing the stores and making them redundant, as they’re obvs loss making and he doesn’t want to carry them as part of his retail group.
     
    #36674
  15. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    I

    I agree I said when I saw that pic my belief was an agreement was made
     
    #36675
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  16. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    Can you get it in cans?
     
    #36676
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  17. Geordieginola

    Geordieginola Well-Known Member

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    I love d fairground by simply red. Wasn’t he a mahoosive manu fan?
     
    #36677
  18. Dr Van Helsing

    Dr Van Helsing Well-Known Member

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    Sportsmail understands the change is one of the conditions of the Saudi deal, which has been awaiting High Court arbitration since its collapse last summer. The progress of that private hearing is not known.

    I think I know actually

    Screenshot_20210401_191326_com.android.chrome.jpg

    Screenshot_20210402_063949_com.android.chrome.jpg
     
    #36678
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  19. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    He's transferred the shop back to NUFC

    He's made the staff redundant so no need for TUPE.
     
    #36679
  20. Tobes

    Tobes Warden
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    If they’re continuing to operate as club shops and all that’s happened is a transfer of ownership then TUPE should apply. But that’d be transferring the loss making shops from one arm of his operation to another......so he’s just shut them, and presumably taken the entire retailing operation online.
     
    #36680
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