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Takeover (Covid-19/20)

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

  1. Roland Deschain

    Roland Deschain Well-Known Member

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    Like me.
     
    #50501
  2. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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    The latest development is very interesting.
     
    #50502
  3. StevesToon

    StevesToon Active Member

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    It happened nearly 2 months ago and they did it to their other companies. I think it's as likely that they made a decision to do this and bulk changed them all.
     
    #50503
  4. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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    Possibly, but for what purpose?

    NCUK was changed the Friday before arbitration was adjourned....
     
    #50504
  5. Roland Deschain

    Roland Deschain Well-Known Member

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    I won't lie, it is. That said, I'm nowhere near 100% on it - the sole corporation issue tends to relate more to issues with Government, tax and company law (isn't it?). the PL are a law unto themselves, so I don't quite know how it affects their decision directly - it could, theoretically, have an impact on an impartial claim I suppose?

    I mean, they used one of these corporate sole's to buy into F1 recently. But I'm yet to see anyone comment from a position of authority on the issue. I scanned Twitter and noticed that ****ing Burnsie knobhead (Mouth of Tyne) get it completely wrong again saying it was the F1 acquisition; the change on NCUK and UKSA is something else. Specifically, the NCUK was the vehicle to purchase 80% of NUFC, I think?

    Still, lot of guesswork. Could be nothing, could be something. I still think someone else will be involved and probably out of the blue. NCUK could easily be about property in the City of Newcastle and those ties to RB; the acquisition of NUFC I would imagine is linked to wider property investment opportunities, as seen at City of Manchester Stadium and Kings Road.
     
    #50505
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  6. JakeNnufc

    JakeNnufc Active Member

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    Personally I think they have walked
     
    #50506
  7. StevesToon

    StevesToon Active Member

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    No clue.

    I think you can argue it either way depending how full your glass is.

    If I was choosing to argue the positive argument I'd say that they changed it to help O&D test and did it to all of them so the PL could not just say it is bullshit look at your other companies; "you've obviously just done it to this one to get around us".

    But maybe they just realised across the companies that this structure is better for them so flipped them all.

    I'm going on the -ve side as it happened so long ago and we have heard nothing since. And I'm sick of having any hope.
     
    #50507
  8. Roland Deschain

    Roland Deschain Well-Known Member

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    If I was betting, I'd bet a large amount on the fact they went at the time they said they did (around a year ago). We didn't seem to fit the investment strategy and additionally they actually, specifically said they were withdrawing. It's only been Staveley's side claiming otherwise, and all the legal action doesn't involve the Saudi's only Ashley.

    However, recent developments could be something - but in all likelihood, aren't anything. Corporate Sole doesn't have any bearing on the PL's O&D farce.
     
    #50508
  9. JakeNnufc

    JakeNnufc Active Member

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    Am so confused with all the meaning to be honest like corporate sole and other ones ETC
     
    #50509
  10. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    My glass is overflowing
     
    #50510
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  11. Tel (they/them)

    Tel (they/them) Sucky’s Bailiff

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    The Saudi’s will never fully leave the table by the way. Some of the blueprints for what they want to bring to Saudi Arabia are utterly astonishing, and yes it’s in its infancy now but the dream and vision they have for SA is mega. They want the biggest and best, of everything, and that’s why they won’t buy a team from Italy or Germany or anywhere outside of England because the PL is the showcase of football. They’ll want the PL in Saudi, games with packed out ultra-modern stadiums and all sorts of over the top extras.

    They may pump money into your area or they may not, but if they pull it off it will all be for the benefit of Saudi Arabia and you guys will just be along for the ride.
     
    #50511
  12. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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    Then NCUK and PZ Newco would be dissolved if they had.
     
    #50512
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  13. LiamO

    LiamO Well-Known Member

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    Come on lads, smell the ****ing coffee!


    Open your eyes!!











    It's ****ing HAPPENING!!!!! <cheers>


    Woop woop!!
     
    #50513
  14. JakeNnufc

    JakeNnufc Active Member

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    What is it tho
     
    #50514
  15. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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    Corporate sole identifies a specific person with significant control of a company....
     
    #50515
  16. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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    Only the Saudis know.

    It could be nothong or it could be something significant.
     
    #50516
  17. JakeNnufc

    JakeNnufc Active Member

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    So how do you know it has something to do with takeover
     
    #50517
  18. Sheikh_of_Araby

    Sheikh_of_Araby Well-Known Member

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    Because it relates to the company created specifically for the takeover - NCUK Investment Limited.
     
    #50518
  19. JakeNnufc

    JakeNnufc Active Member

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    Ahh okay
     
    #50519
  20. JakeNnufc

    JakeNnufc Active Member

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    Terror attack ?
     

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    #50520

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