[Football] Interesting Times Headline re Newcastle takeover

[dazzer6666]

If the EPL had done their due dilligence properly and the "fit and proper persons" test had been taken seriously, they could have found this out themselves and blocked the takeover by such a homophobic, misogynstic, corrupt and brutal regime.

Found out ? It’s not even news - anyone who knows anything about the KSA set up would have known this. The PIF only exists to create wealth (or wash money perhaps) for the Kingdom, which is in turn controlled by a very small number of people.

 

[Johnny RoastBeef]

Found out ? It’s not even news - anyone who knows anything about the KSA set up would have known this. The PIF only exists to create wealth (or wash money perhaps) for the Kingdom, which is in turn controlled by a very small number of people.

The news is, they were refused permission until they signed a legally binding commitment that the club was not being bought by a nation state. The Chairman of the takeover has now admitted under oath that he is a government official.

The Premier League is duty bound to act or look totally inept, just at a time when they are being threatened by the prospect of an imposed regulator.

The only thing in Newcastle and the Premier League's favour is the British government is allegedly totally beholden to the Saudi Regimes wealth and unlikely to want to rock the boat.

 

[Super Steve Earle]

Nothing. How can they do anything, there’s nothing in any law or legislation and now it’s done, it’s done.

The premier league were scared if it was blocked they’d have run off to Spain or France to spend that money instead

Actually there is something in law here. The Saudi's signed a legally binding document to the effect thathat he state would have no control over Newcastle to allow the takeover to appear acceptable.

They are now in court arguing the opposite in the States in a court document that says the Newcastle chairman and Liv golf executive IS a Minister in Saudi Arabia. The Premier League apparently has the power to kick them out of Newcastle although maybe not the will. But in answer to your assertion, there is something in law that can be done, and what's done can apparently be undone.

 

[Psychobilly freakout]

Actually there is something in law here. The Saudi's signed a legally binding document to the effect thathat he state would have no control over Newcastle to allow the takeover to appear acceptable.

They are now in court arguing the opposite in the States in a court document that says the Newcastle chairman and Liv golf executive IS a Minister in Saudi Arabia. The Premier League apparently has the power to kick them out of Newcastle although maybe not the will. But in answer to your assertion, there is something in law that can be done, and what's done can apparently be undone.

But won’t be

 

[dazzer6666]

The news is, they were refused permission until they signed a legally binding commitment that the club was not being bought by a nation state. The Chairman of the takeover has now admitted under oath that he is a government official.

The Premier League is duty bound to act or look totally inept, just at a time when they are being threatened by the prospect of an imposed regulator.

The only thing in Newcastle and the Premier League's favour is the British government is allegedly totally beholden to the Saudi Regimes wealth and unlikely to want to rock the boat.

They’ll look inept. As usual.

 

[Springal]

Actually there is something in law here. The Saudi's signed a legally binding document to the effect thathat he state would have no control over Newcastle to allow the takeover to appear acceptable.

They are now in court arguing the opposite in the States in a court document that says the Newcastle chairman and Liv golf executive IS a Minister in Saudi Arabia. The Premier League apparently has the power to kick them out of Newcastle although maybe not the will. But in answer to your assertion, there is something in law that can be done, and what's done can apparently be undone.

I don’t believe that’s quite accurate, but if it is in a legal contract then there will be provision for breach of that surely, so nice and easy

 

[fly high]

They’ll look inept. As usual.

Spot on, no way are FA going to do anything about it. Looking at the court argument which seems to say that PIF is an instrument of state but still the FA will back off.

 

[albionalex]

The clubs don’t get involved with takeovers. Richard Masters at the time signed it off.

No, not directly. But the PL effectively acts on behalf of the clubs.

Masters signed it off after legal action.