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Newcastle United: Club Sold To PCP - Official


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its official #Cans #Jimbo's telly

I've spent many a workday researching CHAPS.

I'm at the ground. Staveley just came out and held up Bruce's head. 

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Well I had planned to just ignore this but the last two pages from you lot of dragged me in with you.

 

Still not sure how I feel about the ethics of this, but Bruce's football is basically a crime against humanity anyway. Do you think they'll keep him about? :lol: :lol: :lol: 

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I still don’t think it happens. I’ve always felt the piracy piece was just one part of their reluctance, with the fact it was also potentially shaking up their beloved “big six” being the other reason. The structure argument still holds for the PL and I really can’t see them relenting. 

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2 minutes ago, Howay said:

I still don’t think it happens. I’ve always felt the piracy piece was just one part of their reluctance, with the fact it was also potentially shaking up their beloved “big six” being the other reason. The structure argument still holds for the PL and I really can’t see them relenting. 


I don’t think there’s any ruling against the state not being involved with the club. Seems like they were unhappy with that state committing piracy against their own league. This is a negative-free zone, please check yourself.

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6 minutes ago, Howay said:

I still don’t think it happens. I’ve always felt the piracy piece was just one part of their reluctance, with the fact it was also potentially shaking up their beloved “big six” being the other reason. The structure argument still holds for the PL and I really can’t see them relenting. 

 

It could be that the PL actually doesn't have that much of a case on any other level though. Ashley's determination to have his day in court might be forcing their hand a bit. This gesture from SA maybe allows all concerned to walk back from the rather stupid hills they chose to die on.

 

That said, I daresay there'll be a few more twists and turns ahead yet.

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1 minute ago, Ayatollah Hermione said:


I don’t think there’s any ruling against the state not being involved with the club. Seems like they were unhappy with that state committing piracy against their own league. This is a negative-free zone, please check yourself.

The issue more is that MBS will never submit to an O&D test, the PL know that and have been using that structure argument to block or at least obstruct the deal on behalf of the “big six”. No one would be happier than I for this to go through but I just can’t bring myself to be excited about this and then yet again have to come crashing back to Earth with a Steve Bruce shrugging press conference after the PL block it. 

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1 minute ago, Rayvin said:

 

It could be that the PL actually doesn't have that much of a case on any other level though. Ashley's determination to have his day in court might be forcing their hand a bit. This gesture from SA maybe allows all concerned to walk back from the rather stupid hills they chose to die on.

 

That said, I daresay there'll be a few more twists and turns ahead yet.

That’s the hope, but their argument that the PiF and Saudi state are one in the same is obviously a murky one to fight off which is likely why they’ve picked at it. They’ve never given a flying fuck about MBS being involved it’s always been a tool to obstruct, maybe they will climb down but I just worry it’s only removed one part of their resistance. 

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https://www.thetimes.co.uk/article/7fc85698-26a5-11ec-9d7f-240ccd0a3a50?shareToken=033aed0aeca96029f45d7f55387d3eef

 

"The Premier League has now been provided with written assurances that the Saudi state will not interfere with the running of the club and that only the PIF will be involved in Newcastle operations along with minority shareholders. Any breach of that undertaking could lead to directors being suspended.

The minority shareholders are set to be Amanda Staveley’s PCP Capital Partners, who will have a 10 per cent stake in the club, with the other 10 per cent going to property developers Simon and David Reuben. Staveley is still expected to be given a role at the club, at least in the short term."

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