Newcastle takeover???

BaZ87 said:
His position as chairman only reinforces the fact that he's the ultimate controller @woppy101. Whether he was chairman or not, PIF are still state owned and that state is controlled by 1 man. Park technicalities to one side, if MBS said the takeover wasn't happening then it wouldn't happen. If MBS tells an privately owned Saudi business not to do something, they're not doing anything. That's the realities of the situation. For clarity, that doesn't mean he makes every decision and I'm sure that 99% of investments PIF make he has no say in but he has the ultimate power overall decisions if he wishes.
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So as usual nothing is ever simple with NUFC and have opened a massive can of worms:confused::confused:. One thing I will add, if it is knocked back I can’t see the Saudis taking it lying down as it would be a massive political embarrassment on their behalf, which is why I can see them privately and quietly approaching the government to quietly talk to the PL(which they shouldn’t by the way)
 
Who knows. It would be embarrassing but is Newcastle important enough to them to make it into an even bigger thing? The last thing they want will be for this to become front page news which it would become if they really battled any rejection and or pushed the UK government to intervene, especially once the whole corana situation dies down. Part of me has always wondered whether the timing of this takeover wasn't by chance.
 
On another note, it’s nice to see other members of the press(Just northern until now) now starting to question why Newcastle are the only premier club not to communicate with fans what’s to happen with the remaining seasons ticket money, I have no doubt in my mind the even without a takeover going, the parasite would still try and keep the money
https://twitter.com/x/status/1268083593919815682
 
BaZ87 said:
Who knows. It would be embarrassing but is Newcastle important enough to them to make it into an even bigger thing? The last thing they want will be for this to become front page news which it would become if they really battled any rejection and or pushed the UK government to intervene, especially once the whole corana situation dies down. Part of me has always wondered whether the timing of this takeover wasn't by chance.
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It’s been going on since before Xmas mate.
if it was any other country than Qatar leading the charge on the piracy issue, I would totally agree with you that they would just walk away. But the one country that they cant be seen to get one over them so to speak would be Qatar(it would make them look weak to their Middle Eastern ally’s), which is why I can see this getting messy as I don’t think they will walk away.
 
It's been talked about since then but was focussed around PCP & Stavely more than the Saudi's, it only was agreed and the extent of the Saudi connection in April, at a time when the word's focus was elsewhere. Maybe it's a coincidence but I'm always a bit cynical. As for not wanting Qatar to get one over them, what's worse, swallowing their pride or having the world scrutinising their human rights record again? Who knows and we'll only find out if the deal does get blocked.
 
BaZ87 said:
It's been talked about since then but was focussed around PCP & Stavely more than the Saudi's, it only was agreed and the extent of the Saudi connection in April, at a time when the word's focus was elsewhere. Maybe it's a coincidence but I'm always a bit cynical. As for not wanting Qatar to get one over them, what's worse, swallowing their pride or having the world scrutinising their human rights record again? Who knows and we'll only find out if the deal does get blocked.
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George Caulkin definitely mentioned the Saudis last year, there are loads theories around, one doing the rounds at the minute is it has passed but the PL are not releasing it until the PL kicks back off which will take the focus off the takeover, I can’t see it myself and think they are still going back and forth over the piracy issue like what George Caulkin has said.
 
BaZ87 said:
It's been talked about since then but was focussed around PCP & Stavely more than the Saudi's, it only was agreed and the extent of the Saudi connection in April, at a time when the word's focus was elsewhere. Maybe it's a coincidence but I'm always a bit cynical. As for not wanting Qatar to get one over them, what's worse, swallowing their pride or having the world scrutinising their human rights record again? Who knows and we'll only find out if the deal does get blocked.
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This is from another forum and has a good point
Put yourself in the Premier League’s shoes here for a minute;

1) Decide to reject the takeover based on piracy concerns then almost certainly prepare for a well funded legal challenge from people (in Staveley) who are not afraid of fighting people in the most powerful courts in the land (Barclays), the second richest UK family (who happen to fund the current party in power) and one of the richest men in the world who you've just embarrassed in possibly the most high profile manner. You don't say no to people like him. I'd imagine this Qatar interference has only strengthened his resolve tbh.

2) Decide to accept the takeover then you have to be absolutely watertight on your decision making processes based on the law/PL rules as they stand because you're very likely to become embroiled in legal challenge from Qatar/Bein in respect of them dropping £500m for TV rights that, in their view, have had their value reduced due to piracy and the PL's lack of integrity by becoming an enabler for the Saudi regime to get much much closer to the action.

Now, either way, they're in for a tough time no matter which way they decide to go.

They have to therefore put this in the hands of the Lawyers and say 'give us a steer here' and then somebody at the PL will need to play God and make the call, probably based on the least damaging interpretation of the legalities against their current rules.

We have to hope this call falls in our favour.
 
Apparently Jim White was told last night it was almost done(his own words) yet he did say they hadn't even started the tests last week, it just goes to show how much people are guessing
 
Here’s a question that I wouldn’t mind if someone could shed some light on, if the problem with the takeover is that Saudi Arabia are complicit in Piracy, then the Sheffield Utd owners are part of Saudi Arabia Royal Family. So if the takeover is declined on that basis then what happens to Sheffield Utd?
 
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woppy101 said:
Here’s a question that I wouldn’t mind if someone could shed some light on, if the problem with the takeover is that Saudi Arabia are complicit in Piracy, then the Sheffield Utd owners are part of Saudi Arabia Royal Family. So if the takeover is declined on that basis then what happens to Sheffield Utd?
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Nothing if they decide that the piracy link is a new rule to enforce i guess?
 
If IM reading this correctly(happy to be told otherwise) from someone that worked for the WTO, “The Premier League will only get a definitive ruling if Saudi Arabia and Qatar both decide not to appeal. If either appeals, it will be "into the void". The Premier League would have a 1st level panel report that has not been adopted and has no legal status. So if it has no legal status then the PL can’t turn it down and can’t delay the takeover until the appeal is settled(Can’t leave one of its shareholders in limbo for years) without a massive fight from PCP.

https://twitter.com/x/status/1265750847058841600
 
What I miss lol

Just saw that above letter last night and comming from lawyers and sport lawyers they said that QC is extremely expensive so who is paying for it? BeIN???

Also big talk in the middle East that anything BenIN bids for the overseas TV rights Saudi's with stick 50m on lol.

Becoming a bit of a farce ATM but every single sports lawyer or club financiers still except it to go through.

Seen multiple outlets now saying the PIF are a separate legal entity so would be very hard to link them to any wrong doing.
 
I think the likelihood of the Saudi's getting the Middle East TV rights is smaller than the takeover being approved. beIN aren't just in the Middle East anymore, they're moving throughout Europe and the PL won't want to lose them in terms of bidding in France etc, even if it means accepting less for the Middle East rights. And then of course there's the very complicated matter of conflicts of interest - as I said previously, Sky weren't able to takeover Utd because of their TV deal with the League.
 
BaZ87 said:
I think the likelihood of the Saudi's getting the Middle East TV rights is smaller than the takeover being approved. beIN aren't just in the Middle East anymore, they're moving throughout Europe and the PL won't want to lose them in terms of bidding in France etc, even if it means accepting less for the Middle East rights. And then of course there's the very complicated matter of conflicts of interest - as I said previously, Sky weren't able to takeover Utd because of their TV deal with the League.
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I’m sure the bidding is private until the end so the PL can’t choose a smaller figure just because it’s in a few more countries, the PL will take the highest offer, and with Saudi bidding against Qatar it’s likely to be huge as both will be expecting each other to make big bids.
sky were blocked by the Department of Trade and Industry not the premier league, as the merger would adversely affect competition between broadcasters, which wouldn’t happen with Saudi because the U.K. government couldn’t care less about competition between overseas broadcasters, also Newcastle wouldn’t get any preference abroad because all games are shown concurrently.

https://www.theguardian.com/football/1999/apr/09/newsstory.sport8
 
It's not an ebay auction @woppy101. The League can choose who they want, it's not a case of who is the highest bid. There's numerous stories around the time of the formation of the PL how a number of clubs wanted to stick with ITV rather than accept Sky's bigger bid. Equally it was reported around the time of the last tv rights sale that the PL were willing to accept less from Amazon for certain packages of games than they were Sky & BT as they wanted one of the big internet companies involved, hoping they would then make a big move in the next rights sale.

And yes, I know the deal wasn't blocked by the League but competition laws are not unique to the UK. Further to that, other PL clubs may object to a Saudi bid as it could potentially advantage Newcastle depending on the terms of the deal. For example, it's not a coincidence that Liverpool and Utd typically play more games at lunchtime (European fixtures permitting), it's because they're the biggest sides in the Far East and early kick-offs are prime time slots over there.
 
BaZ87 said:
It's not an ebay auction @woppy101. The League can choose who they want, it's not a case of who is the highest bid. There's numerous stories around the time of the formation of the PL how a number of clubs wanted to stick with ITV rather than accept Sky's bigger bid. Equally it was reported around the time of the last tv rights sale that the PL were willing to accept less from Amazon for certain packages of games than they were Sky & BT as they wanted one of the big internet companies involved, hoping they would then make a big move in the next rights sale.

And yes, I know the deal wasn't blocked by the League but competition laws are not unique to the UK. Further to that, other PL clubs may object to a Saudi bid as it could potentially advantage Newcastle depending on the terms of the deal. For example, it's not a coincidence that Liverpool and Utd typically play more games at lunchtime (European fixtures permitting), it's because they're the biggest sides in the Far East and early kick-offs are prime time slots over there.
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its a blind auction, no one knows what the others have bid. Sure there can be some collusion between Sky and BT to not bid against each other on particular packages but with Amazon now on the scene both need to be careful. To an extent it’s why BT sport is now on Sky, to reduce the impact of Amazon. I also believe that neither BT nor Sky bid for the package that Amazon got for an undisclosed sum. Considering it was a few weeks after that Amazon were announced suggests Amazon bid low or were able to negotiate with the EPL.
 
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