Mags embarrassing themselves yet again

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Look North just said it was a "legally binding" promise that the PIF consortium was not part of the Saudi State. :emoticon-0102-bigsm

It might be

But let's say the EPL wanted to enforce a breach of such a binding. We all know they'd run for cover as soon as possible rather than go to court.
 
Love some of the comments on here - delusion at its finest!

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There is imo a lot of truth in the illegal streaming comments. It was the first step to the takeover being allowed to go through. What is laughable though is the big 6 blocking it!
 
As the legal attempt to say he wasn't subject to US Law failed then won't NUFC just say that the US lawyers were mistaken or wrongly advised and that Yasir Al-Rumayyan wasn't a minister of the Saudi government? Then it will be up to the PL to prove otherwise.
 
As the legal attempt to say he wasn't subject to US Law failed then won't NUFC just say that the US lawyers were mistaken or wrongly advised and that Yasir Al-Rumayyan wasn't a minister of the Saudi government? Then it will be up to the PL to prove otherwise.

Thing is, everyone knows it's all a charade.

Boris Johnson was involved so people will just assume it was all corrupt.

No need for proof tbh, it couldn't be clearer.

https://www.theguardian.com/footbal...r-league-newcastle?CMP=Share_AndroidApp_Other

"You can imagine Richard Masters' surprise when last week, in a legal dispute between golf’s PGA Tour and its Saudi-backed sportswashing counterpart the LIV Tour, PIF argued in a US court that it deserved sovereign immunity because – drum roll – it is indistinguishable from the Saudi state."
 
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The UK government will always make sure the Saudi's are at Newcastle as long as they want to be. It would be bad for business, otherwise.
 
It's their stock answer when they are stuck for words. I know they had a 9% share and sold it, but they don't seem to <laugh>

It is a different thing anyway.

A PIF exists to make money by diversifying a country's wealth into various assets elsewhere. Disney was one, with the intention of making money from it.

Investing in football is nothing to do with making money, it is to manage their appearance, hence the now admitted - and always obvious fact - that fhe PIF is effectively the state.

No one would ever assume that the Norwegian PIF , which by the way is the biggest in the world, is not doing it's thing directly at the behest of the Norwegian government.
 
Well what a surprise <laugh>

"The Newcastle chairman, Yasir al-Rumayyan, has been described as “a sitting minister of the Saudi government”
in a document submitted to a court in the US, raising fresh questions over the level of separation between the club’s ownership and the Saudi state.

Saudi Arabia’s Public Investment Fund (PIF) bought a controlling stake in Newcastle in October 2021, but the deal was only given the green light after the Premier League received “legally binding assurances” that the Kingdom of Saudi Arabia would not have any control over the club.

Richard Masters, the Premier League chief executive, told the BBC in November 2021 that if his organisation found evidence there was state involvement in the running of the club “we can remove the consortium as owners of the club”."

https://www.theguardian.com/footbal...ment-sitting-saudi-arabia-government-minister

This is shocking news. I, for one, would never have predicted that the Saudi Government had direct involvement in Newcastle.
 
What next, the Premier league weren't exactly above board in allowing the takeover to go through? I don't think I could handle such a shock?
 
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