Topic: Positive Optimism-Saudi Takeover Edition

[Dokko]

Please remember Bein Jacobs was fully in the Qatar camp until very recently when he saw the media profiles of ordinary folk sky rocket off the back of this. He's playing a very cute game, don't be sucked in by it.

[Ben]

Please remember Bein Jacobs was fully in the Qatar camp until very recently when he saw the media profiles of ordinary folk sky rocket off the back of this. He's playing a very cute game, don't be sucked in by it.

He did mention that and he also confirmed he has done freelance work for them in the past, but he did say the deal could not be done until the piracy was sorted

[Shearergol]

Why exactly is it taking so long if everything legally is in our favour? Arbitration could and should have already started, but the better approach is striking a deal ready for next season? Bullshit.

[Ben]

Why exactly is it taking so long if everything legally is in our favour? Arbitration could and should have already started, but the better approach is striking a deal ready for next season? Bullshit.

By the sounds of it there are crossing every t and dotting every i with the hope of doing a deal when the Saudis and Qatar sort their issues out, the other Premier league clubs need to be convinced by Masters that they wont lose out with any future TV deal.

[Shearergol]

Why exactly is it taking so long if everything legally is in our favour? Arbitration could and should have already started, but the better approach is striking a deal ready for next season? Bullshit.

By the sounds of it there are crossing every t and dotting every i with the hope of doing a deal when the Saudis and Qatar sort their issues out, the other Premier league clubs need to be convinced by Masters that they wont lose out with any future TV deal.

Other premier league clubs have absolutely nothing to do with it. Hence why our legal case is apparently strong.

[Stifleaay]

I don’t think relegation automatically means PIF walk away, however they won’t want to buy us for the current price, and Ashley won’t want to sell at a reduced price. On top of that they will be wary of the EFL doing what the Premier League and kicking the can down the road to prevent the takeover and take it via legal action which would drag it out too long. Rick Oarry has already shown how heMs in the pockets of the top 6.

[Robster]

£305 million is the price
Arbitration is the key to the takeover with a deal done before the most likely outcome (De Marco)
Takeover will not be done before the summer
£200 million for transfers
Newcastle would become part of the 2030 project with massive infrastructure investment (not confirmed but the Saudis need a flagship soccer project)
Saudis don't want to buy Spurs as reported

That's very specific information. Are we to believe he's now closer to the buyers than any other journalist?

[Hhtoon]

The ultra positives are in total fantasy land with regards to any takeover in the event of relegation.

Just let people, it's the point of the thread.

[et tu brute]

The ultra positives are in total fantasy land with regards to any takeover in the event of relegation.

Just let people, it's the point of the thread.

Yeah you’re right I’ll try to leave it to the Takeover Thread.

[Whitley mag]

Lots of people have said he actually did say club we’re dragging out arbitration, haven’t listened myself yet but wouldn’t be the first time he’s been accused of misrepresenting the facts.

On the plus side Kennedy did say things were moving albeit slowly last week, and refused to comment when asked if arbitration had actually begun.

Lots of #NUFC fans messaging me about supposedly saying it’s the club ‘dragging out’ arbitration. That’s not what I said! What I said is the club have to make more complex arguments & their prep involves new elements of research. That takes up (expected) time.

— Ben Jacobs (@JacobsBen) February 22, 2021

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[Candi_Hills]

I don't understand the pants-shitting negativity with this deal. People keep saying, "Oh yeah, next month, next month...", as if we're being lied to. It's a super complicated legal and political case and setbacks happen. The people involved aren't p*ss-takers.

Until we've lost the arbiration case or we're told that fatboy and Amanda have given up, then stop being such a fanny. Clearly, there is a possibility of this happening.

[The Prophet]

Pants-shitting negativity is what the football forum does best, you can't take that away from it.

[Doctor Zaius]

I don't understand the pants-shitting negativity with this deal. People keep saying, "Oh yeah, next month, next month...", as if we're being lied to. It's a super complicated legal and political case and setbacks happen. The people involved aren't p*ss-takers.

Until we've lost the arbiration case or we're told that fatboy and Amanda have given up, then stop being such a fanny. Clearly, there is a possibility of this happening.

Then why do people keep saying this in the first place? News by Christmas, positive developments in January, should hear positive news at the end of February/start of March, now no wait, it wont be until Summer. Im sure folk coming out with this have the best of intentions, whether thats ITKs or journalists, but its hardly surprising when these dates sail by with barely a mention of any news people start calling bullshit.

I'm sure everyone by this point fully appreciates how complex and drawn out these things are like.   

[thomas]

I don't understand the pants-shitting negativity with this deal. People keep saying, "Oh yeah, next month, next month...", as if we're being lied to. It's a super complicated legal and political case and setbacks happen. The people involved aren't p*ss-takers.

Until we've lost the arbiration case or we're told that fatboy and Amanda have given up, then stop being such a fanny. Clearly, there is a possibility of this happening.

Then why do people keep saying this in the first place? News by Christmas, positive developments in January, should hear positive news at the end of February/start of March, now no wait, it wont be until Summer. Im sure folk coming out with this have the best of intentions, whether thats ITKs or journalists, but its hardly surprising when these dates sail by with barely a mention of any news people start calling bullshit.

I'm sure everyone by this point fully appreciates how complex and drawn out these things are like.   

Because irritable neandertals keep reacting to it.

[Candi_Hills]

I don't understand the pants-shitting negativity with this deal. People keep saying, "Oh yeah, next month, next month...", as if we're being lied to. It's a super complicated legal and political case and setbacks happen. The people involved aren't p*ss-takers.

Until we've lost the arbiration case or we're told that fatboy and Amanda have given up, then stop being such a fanny. Clearly, there is a possibility of this happening.

Then why do people keep saying this in the first place? News by Christmas, positive developments in January, should hear positive news at the end of February/start of March, now no wait, it wont be until Summer. Im sure folk coming out with this have the best of intentions, whether thats ITKs or journalists, but its hardly surprising when these dates sail by with barely a mention of any news people start calling bullshit.

I'm sure everyone by this point fully appreciates how complex and drawn out these things are like.   

I suppose it depends who you listen to but I'd advise against putting too much stock in HTT's running "Friday 3pm" joke or anything random Twitter ITKs say.

Following what Keith, George and Ben Jacobs say though - who seem to be able to eke out little bits of truth between them - I've never really felt there have been big promises of something definitely happening in a week's time. As far as I can tell, we'll be going to arbitration if they can't get it sorted without the need to, and the the radio silence at the minute probably means they're cracking on with one of those things.

It might not happen but there are some big fish who think it will and that's enough to give me hope. If it doesn't happen just get into gardening or chess or something instead.

[Whitley mag]

Always a positive to see one of Mike’s companies making a loss.

💷 #NUFC's Premier League status and the #NUFCTakeover aren't Mike Ashley's only lockdown headaches...https://t.co/xX4Hci3d6F

— Liam Kennedy (@LiamJKennedy23) February 23, 2021

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[Kanji]

aye, but let's keep Bruce in the job because that is what is best to protect the value of my PL club.

[Whitley mag]

Would Ashley be investing so much in this if he thought the bidders would just pull out on relegation. Also the amount of time and money invested by PCP to get this done since 2017 for them just to walk away ? Even if they had to pay over the odds for a championship club say 200 plus, look at the value of City, Spurs and Chelsea now, all clubs we we’re bigger than not long ago. This is part of Saudis 2030 vision, a long term investment which can be justified even if relegated on potential long term increase in value.

To get this deal we will have to prove the PL did not complete the test correctly, in the event that is proven and we are relegated, this potentially opens up the possibility of a compensation case also for Ashley. He could rightly argue that had the test been carried out correctly his asset would not have been devalued. Of course as part of an arbitration settlement it could be agreed by all parties that Ashley will not pursue any said compensation.

Along with Ashley’s new interest in expansion into the Middle East and Fraser group losses, it all opens up the possibility of a previously reluctant seller agreeing to a sale at a reduced price on relegation.

I can only say he’s invested massively to win this case John

— Newcastle Consortium Supporters (@NCSL1892) February 23, 2021

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[Shearergol]

To get this deal we will have to prove the PL did not complete the test correctly

And for Saudi to allow Bein back yeah?

[Whitley mag]

To get this deal we will have to prove the PL did not complete the test correctly

And for Saudi to allow Bein back yeah?

Not sure I think it helps but how long is that going to take ? It maybe they just forge ahead and if they can prove test was not carried out correctly, and Shaheed Fatima proves PIF are separate to state, then Bein is not an issue.

I think De Marco and co would fancy chances of a settlement being reached if Bein was reinstated and court cases we’re dropped, as without the legal case in London re piracy is it worth the PL fighting the case on separation.

[reefatoon]

Well if it doesn’t go through, at least the fat slug would have wasted a fortune on it. Every cloud.

[Whitley mag]

Undoubtedly the club could burn for me if the takeover doesn’t go through. This is a good point made by Keith though, I think we have to be extremely confident in the legal argument club has.

They are both the best there is and like you say they don’t assume cases they feel they can’t win 🦓

— Newcastle Consortium Supporters (@NCSL1892) February 23, 2021

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[xLiaaamx]

My worry would be is that Ashley would ask for something stupidly unrealistic for a club that only really has a biggish stadium at championship level, as out facilities are more league 1 level by now. Really hope if he has to give up on this deal his other companies states mean he has to get rid of us.

[Jackie Broon]

Undoubtedly the club could burn for me if the takeover doesn’t go through. This is a good point made by Keith though, I think we have to be extremely confident in the legal argument club has.

They are both the best there is and like you say they don’t assume cases they feel they can’t win 🦓

— Newcastle Consortium Supporters (@NCSL1892) February 23, 2021

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Well that's not true, barristers have no choice but to take on a case if instructed, there are only very limited circumstances where they can refuse and feeling they can't win is not one of them.

[Hhtoon]

Undoubtedly the club could burn for me if the takeover doesn’t go through. This is a good point made by Keith though, I think we have to be extremely confident in the legal argument club has.

They are both the best there is and like you say they don’t assume cases they feel they can’t win 🦓

— Newcastle Consortium Supporters (@NCSL1892) February 23, 2021

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Well that's not true, barristers have no choice but to take on a case if instructed, there are only very limited circumstances where they can refuse and feeling they can't win is not one of them.

You'd have to hope they'd give an honest appraisal of the chances of success. If they told Ashley he didn't have a decent case, would he have bothered progressing? Never know with him unfortunately