Takeover (Covid-19/20)

All pizzas are Italian mate

 

The vault is fine, its his dungeon you need to worry about

 

he is at it again

 

I like him.. Very reliable

 

Surely would take a while to go through the courts though.

 

The premier league will fold long before that

 

How do I know that the barristers have written to the PL? Standard practice. They write to confirm their representation.

 

@Tobes

Your thoughts

 

These developments are certainly interesting. I might wind up conceding that this takeover could actually be happening!

 

On what mate?

 

on the current legal developments
or can you not say as it is an ongoing process

 

What legal developments?

 

erh! ok, so you haven't been following the news - no problem i thought you had been

https://www.independent.co.uk/sport...lawyers-takeover-saudi-state-pif-b435999.html


https://www.dailystar.co.uk/sport/football/newcastle-takeover-mike-ashley-latest-22679540

https://www.skysports.com/football/...premier-league-over-failed-saudi-led-takeover

https://www.thenorthernecho.co.uk/s...ruct-lawyers-takeover-dispute-premier-league/

https://www.dailymail.co.uk/sport/f...hley-legal-action-against-Premier-League.html

https://www.theguardian.com/footbal...inst-premier-league-over-blocked-saudi-buyout

 

Ashley's launched legal proceedings with the aim being to change ownership of the club.. Well that's the reason that's being claimed.. Two top lawyers some de marco dude and some Fatima bird...

 

The statement he issued last week claimed that the PL hadn’t acted appropriately in the matter and that they had rejected the Saudis under the FPP rule. Which the PL have since denied was the case, and that it was as per their previous statement on the matter i.e. that hadn’t rejected them.

He’s now hired sports lawyers, but until it’s known exactly what he’s intending to pursue them for and on what grounds, it’s impossible to have a considered view.

All I’ve seen apart from the simple facts of the statements and him hiring wigs is guesswork and conjecture.

 

take your legal hat off
go on, you know its happening

 

That's my take too

 

This is all just a ploy to get us to 2000 pages #ItsOn

 

Pleased to see more back on board

Let's go

 

He’s basically said that the PL rejected his buyers and he doesn’t agree with their conclusion.

But what’s he going to pursue them for? It wasn’t him who was supposedly rejected and if it was them who wanted to contest that decision, they’d have surely appealed the decision in the first instance and then moved to legal if that appeal also failed?

So what does that leave? Damages based on a restriction of trade? Maybe, but they completely refute that there was a rejection, merely an impasse and an offer of arbitration.

Until his legal team issue a LBA then it’s anyones guess basically. However, I think the assumption that his statement combined with him hiring QC’s somehow equates to ‘its defo happening’ is somewhat of a reach.