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Newcastle United: Mike Ashley puts Premier League club up for sale

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10 minutes ago, Monkeys Fist said:

:lol:
Not sure you’ll find too many Torygraph subscribers on here mate. 
 

 

don't hold this against me. but i have no idea the affiliations each paper have over there, they're all UK papers.

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24 minutes ago, Polarboy said:

 

Maybe you're purely taking the piss, fair enough if you are, I can take it, but if you actually believe I'm in any way supportive of the Saudi regime you are wrong. I was merely pointing out that there was a deeper context to what was happening with his wife's letters, and indeed his actions when he was alive. There has been a widespread tendency to paint Khashoggi and his wife as morally pure in contrast to the Saudi regime. Now given that he was murdered you may say that whether he held morally despicable views is besides the point, but good journalism furnishes people with all the facts. It's not as if you can accuse the NYT's of right wing propaganda.

 

 

The old, I'm going to assume any caveats you've written are bullshit with my mind reading ability.

Don’t worry about it, I was purely taking the piss 

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3 hours ago, Polarboy said:

Now given that he was murdered you may say that whether he held morally despicable views is besides the point, but good journalism furnishes people with all the facts.

 

:lol:

 

If that's true, there are literally no good journalists.

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I think we can all agree Khashoggi’s murder was despicable. However if MBS was responsible, I don’t think preventing his sovereign wealth fund from buying an also ran football club will have the slightest impact on him or his regime. Its utter bullshit to suggest otherwise, MBS wont give a shit if it falls through (if he even knows about it). Do they think hes on tenterhooks watching sky sports (on pirate tv) to see if its gone through yet?

 

To pretend that the PL is some kind of moral policeman is a big fat joke given who theyve passed fit as owners; if people have a problem with the saudis using the PL for sportswashing they should demand a political solution and a govt response. And that includes Kashoggis widow imo, who I notice doesn’t direct any flak at Ashley whos the one choosing to sell to PIF. And its got nothing to do with the club and the fans iyam, no one consulted us about the sale.

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Long time lurker here, based in Middle East. I am not a dentist.

 

A couple of theories of mine regarding the delay or possible cancellation of the takeover:

 

1. As Kieron McGuire mentioned on a recent Price of Football podcast, Bein Sports, which is owned by the government of Qatar, pays in monthly instalments for its EPL broadcasting rights. Sky and BT pay yearly, and have shown flexibility with finding a solution. To get one over the Saudis, I wouldn't be surprised if Bein is trying to use their missed/pending payments for March, April and May as leverage to scupper the deal.

 

2. The economy in KSA is getting a battering right now. Oil prices are rock bottom, and the kingdom has just increased VAT from 5% to 15%. While I understand that the sovereign wealth fund can of course afford the takeover, splashing the cash on overseas whims right now might not have the right PR impact locally.

 

I hope I'm completely wrong on both of these.

 

 

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40 minutes ago, asteroidblitz said:

Long time lurker here, based in Middle East. I am not a dentist.

 

A couple of theories of mine regarding the delay or possible cancellation of the takeover:

 

1. As Kieron McGuire mentioned on a recent Price of Football podcast, Bein Sports, which is owned by the government of Qatar, pays in monthly instalments for its EPL broadcasting rights. Sky and BT pay yearly, and have shown flexibility with finding a solution. To get one over the Saudis, I wouldn't be surprised if Bein is trying to use their missed/pending payments for March, April and May as leverage to scupper the deal.

 

2. The economy in KSA is getting a battering right now. Oil prices are rock bottom, and the kingdom has just increased VAT from 5% to 15%. While I understand that the sovereign wealth fund can of course afford the takeover, splashing the cash on overseas whims right now might not have the right PR impact locally.

 

I hope I'm completely wrong on both of these.

 

 

On your first point, any missed payments would amount to around £40m. Not an insignificant chunk of change but not enough to panic the PL. In addition, any failure to pay this money once football does start up again would likely see them in breach of contract and so would allow the Saudis to bid for the rights which could be to the PL's advantage. I don't think the Qataris have that much influence right now.

Secondly, the Saudis can't pull out of this deal right now. The only way they could tank it would be to deliberately fail the PL tests and to do that would be an even worse PR disaster for them than to complete it. They'd be basically labelling themselves as a pariah state which goes against the look they've been trying to hard to project. 

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Are you sure it's only 40m? Bein have the second biggest deal after Sky/BT. Also, it's the PL that have breached the contract as they haven't put on the games as per their obligations. 

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Aye it’s £500m over three years. Works out about £40m over three months.

I’m not saying they’re in breach of contract right now as there’s no football going on but if we finish the season and they still refuse to pay then that’s got to be breach of contract.

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Presumably the longer they take the better it looks. Like they really gave it proper consideration given the objections raised. That’s what I’d do even if I intended to approve the deal.

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22 minutes ago, Kitman said:

Presumably the longer they take the better it looks. Like they really gave it proper consideration given the objections raised. That’s what I’d do even if I intended to approve the deal.

Aye, that's my take. They're taking as long as possible to at least give the appearance of diligence and consideration. 

 

There may be long conversations about the piracy issue, but these won't be issues that weren't expected by the prospective new owners, surely?

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3 hours ago, asteroidblitz said:

Long time lurker here, based in Middle East. I am not a dentist.

 

A couple of theories of mine regarding the delay or possible cancellation of the takeover:

 

1. As Kieron McGuire mentioned on a recent Price of Football podcast, Bein Sports, which is owned by the government of Qatar, pays in monthly instalments for its EPL broadcasting rights. Sky and BT pay yearly, and have shown flexibility with finding a solution. To get one over the Saudis, I wouldn't be surprised if Bein is trying to use their missed/pending payments for March, April and May as leverage to scupper the deal.

 

2. The economy in KSA is getting a battering right now. Oil prices are rock bottom, and the kingdom has just increased VAT from 5% to 15%. While I understand that the sovereign wealth fund can of course afford the takeover, splashing the cash on overseas whims right now might not have the right PR impact locally.

 

I hope I'm completely wrong on both of these.

 

 

What’s wrong with dentists, like?

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5 minutes ago, thebrokendoll said:

 

they're shut.

which is bloody inconvenient seeing as both my two front crowns have come out.

220px-Crown_Prince_Mohammad_bin_Salman_A

 

Expert. 

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I'll tell you what nobody can accuse the Premier League of rushing this through anyway 

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3 minutes ago, Anorthernsoul said:

Rumours flying around that the Premier League will sign off the deal in the next 48 hours, how much truth is in that is anyone's guess.

Will this be before or after last summer’s 72 hours?

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I know it’s always been known but fucking hell the Chronicle is fucking tragic. They’ve tweeted out the story from yesterday about the conservative MP demanding the deal is looked into twice already today, even though the blokes request was denied. 

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2 hours ago, Dr Gloom said:

Baines and Emerson to be unveiled by the weekend 

With Hugo Viana doing the helicopter!

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On 01/05/2020 at 13:58, Tom said:

He's definitely copied & pasted that.

No. It's spelt exactly as it sounds.

 

8 hours ago, Tom said:

I think that’s the point they’re trying to make.

I agree that the Premier League are deliberately slowing this process down to make it look at though they've conducted a particularly thorough process and thus insulate themselves against criticism.

 

I think however, that this is a really stupid approach to take by the Premier League. All taking this approach has done is given more and more time for more and more criticism of the deal to build up on top of itself, leading to a snowball effect where critics are being emboldened by their perceived strength in numbers and the perception the deal is "stalling" because of their efforts. Ultimately the Premier League have really shot themselves in the foot, only adding to the peception that this takeover is "controversial", creating a bigger and bigger decision with  accompanying fallout for themselves to deal with when do actually finally make it.

 

The smart play by the Premier League was dumb and innocent, waving the deal through after the standard three or four weeks. "Oh well we conducted our standard checks and left it to the government to guide us on political issues" would have played much cleaner for themselves than the sh*tshow of right now that they have provided both circus tent and faecal reserves for.

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