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Takeover (Covid-19/20)

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

  1. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    Proposed sale in respect of 2021 was the context used by Blackstone Chambers. Suggestive that it is ongoing.
     
    #32261
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  2. Roland Deschain

    Roland Deschain Well-Known Member

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    Think of it as if you were trying to sell a house or a car to someone who couldn't get insurance, then they pulled out. What exactly is your legal challenge going to achieve?

    Correct me if I'm wrong, but Ashley can actually sell the club to PIF regardless of PL approval - you just need the approval to play in the competition. PIF can own NUFC today, they just would have to argue about the directors and the clubs affiliation to the Premier League. Hence why it's on the buyers to challenge the legality of the O&D test. That isn't happening. In fact, a more reasonable approach would be for the club to change hands and THEN the owners fight the PL, something they would win comfortably. If they were really interested.
     
    #32262
  3. Roland Deschain

    Roland Deschain Well-Known Member

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    Potato - potato.
     
    #32263
  4. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    Not at all. The context is quite clear - ongoing, proposed takeover.
     
    #32264
  5. Toonitus

    Toonitus Well-Known Member

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    Exactly
     
    #32265
  6. It's_all_Greek_to_me

    It's_all_Greek_to_me Well-Known Member

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    But it's not buying a house or car and that is the mistake people are making. You don't have to go through an ODT to prove that you will be a responsible owner of said house or car. Your insurance company doesn't ask you to prove that you will be a responsible driver.
     
    #32266
  7. Mohammed Bin Salman

    Mohammed Bin Salman Active Member

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    There's no takeover because the PIF are going to buy west ham now.
     
    #32267
  8. Mohammed Bin Salman

    Mohammed Bin Salman Active Member

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    You can remember I told you that!

    West Ham were looked at prior to the NUFC bid and West Ham and the Goverment are keen for that sale to go through.

    PIF have turned their attention to investing in the capital and made deals with the Government in return.

    I'm going to enjoy it.
     
    #32268
  9. Tobes

    Tobes Warden
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    You’re reaching with that one tbh, the legal action relating to the proposed sale doesn’t mean the proposal is still current, merely that his action relates to the proposed sale that didn’t end up completing.
     
    #32269
  10. Roland Deschain

    Roland Deschain Well-Known Member

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    As I said, if I'm not wrong, anybody can buy the club - you have to then ask PL for permission to play in the league, and that test is prohibitive to (mainly) criminals, or those who would be perceived as criminals in the UK. PIF could buy it then argue it, I'd imagine PL would allow NUFC to 'play on'. They haven't. It's a big question mark.
     
    #32270

  11. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    ?
     
    #32271
  12. Roland Deschain

    Roland Deschain Well-Known Member

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    Bigger.
     
    #32272
  13. Toonitus

    Toonitus Well-Known Member

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    @Darren Peacock's Ponytail

    I told you
     
    #32273
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  14. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    5a4613ddd099a2ad03f9c994.png
     
    #32274
  15. Darren Peacock’s Ponytail

    Darren Peacock’s Ponytail Well-Known Member

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    He's wrong as usual as he is not basing it on the whole paragraph
     
    #32275
  16. Schlem Boogerman

    Schlem Boogerman Well-Known Member

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    No they can't.
     
    #32276
  17. Roland Deschain

    Roland Deschain Well-Known Member

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    Anybody with no concept of the value of the club and a spare £310m can. Sadly I think those two things - knowing its value, and having the cash - are mutually exclusive.

    In other news, Nick's CV has now had NUFC removed from it. There's no longer reference to proceedings against the PL.

    (NB. no doubt the believers will say it's a good thing it's not on his CV anymore!!)
     
    #32277
    Last edited: Feb 4, 2021
  18. Toonitus

    Toonitus Well-Known Member

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    I knew I was right
     
    #32278
  19. Mohammed Bin Salman

    Mohammed Bin Salman Active Member

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    The proposed takeover

    Past or present tense, so you were right.
     
    #32279
  20. Toonitus

    Toonitus Well-Known Member

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    Exactly its not rocket science.
     
    #32280

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