Prince Bone Saw’s Toon thread

please log in to view this image

 

Only a couple of months of this **** to go

 

Yawn.

Recycled meaningless ****e

 

Not quite cos the dates known.. Its the end game

 

The arbitration hearing isn’t until July, then there’ll be the wait for the judgement, it’ll go on until the start of next season.

 

Well there's something going on with this CAT case.. The premier league seen determined to hide something, so if its not thrown out there might be an agreement..

I don't mind how long it takes really its only a few months max.

 

That’s baseless ****e though, they’ve merely asked for and got an extension to prepare their case.

Ashley’s competition law case is speculative and doomed to failure imo.

 

Well that's what you think, but you don't know that.

There's a chance something went on.. Why are they so determined to keep is under wraps? If nothing went on just say ok nb

They're attempting to get the case thrown out

 

It doesn’t work like that, he’s issued court papers and they have to defend the case.

They can’t just say, there’s nothing to see here so **** off.

 

I dunno I'm just going off an article written by the Athletic and matt slater.

The thing is not so long ago this was apparently dead on the water, but now its potentially back on.

Thats all we really know.. Im 50/50 I keep swaying one way or the other because the reality nobody really knows.

It never ends well for us so I can't help the big doubt

 

When is the offer back on the table?

Also, wasn't it removed as they didn't deem NUFC a decent investment. What has changed since they walked away. Oil under SJP?

 

They came back shortly after that after a meeting with government officials and were expecting the green light the day Ashley had is first tantrum.

It's all on the arbitration case result now, so one way or another the book will be closed on the next 2 to 3 months.

There's a good story in the independent of you're not upto speed.

Not the big sportswash, but nufc woukd certainly be better off.

 

@Peej

This one.

The Newcastle United takeover saga is nearing its climax after more than a year of uncertainty at St James’ Park. Mike Ashley’s anti-competition suit will begin next month and the long-awaited Premier League arbitration is scheduled to take place in July.

The Newcastle owner is taking legal action against the league after it refused to sanction the £300 million buyout of the club by a consortium backed by Saudi Arabia’s Public Investment Fund (PIF). The case is due to come before the Competition Appeal Tribunal (CAT) and it emerged this week that the Premier League asked for a delay in proceedings.



On Tuesday the president of CAT postponed the start of the hearing until 11 June – four days fewer than the league requested. The Hon Mr Justice Roth also revealed that the separate arbitration action is set to take place in July, although the Premier League asked for more time to prepare in this case, too.

The claim before CAT concerns restrictions on potential new owners by the league and its member clubs. Ashley – and those connected with the Amanda Staveley-led Saudi takeover – believes that a number of top-flight teams encouraged blocking the sale because they fear Newcastle emerging as a significant power in English football.


CAT hearings are conducted in the open. The case will likely last beyond July but evidence will be in the public domain.

The arbitration will be held in private. Most Premier League cases are carried out behind closed doors. Ashley challenged the appointment of Michael Beloff QC as chairman of the panel but the objection was overruled.


Newcastle contend that the league has never rejected the Saudi-backed bid and merely stalled in giving a decision under the owners’ and directors’ test. The Premier League is concerned that PIF’s involvement means that Newcastle would be operated as a state-owned entity. Staveley contends that the day-to-day running of the club would be independent of PIF. The investment fund proposed to put up 80 per cent of the cost of buying Newcastle, with Staveley’s PCP Capital Partners company and the billionaire Reuben brothers contributing 10 per cent each.

One of the big issues surrounding Riyadh’s involvement in English football was the hacking of BeIn Sport, the Premier League’s broadcast partner in the Gulf, by Saudi pirate television stations. The Qatari-based BeIn believed that the hijacking of their channels could not have been achieved without state backing. Saudi Arabia and its allies imposed a three year blockade on Qatar that ended in December. Relations between the neighbouring nations have been restored but continue to be delicate. The disruption of BeIn’s signals have ended.

PIF’s appetite to invest in Newcastle remains strong. Despite withdrawing their offer last summer, those around the consortium have always insisted that the deal would eventually get done. They are confident the arbitration process will conclude with the takeover getting the green light.

Supporters are as desperate to see the back of Ashley as the businessman is eager to get rid of the club. Amnesty International have flagged up Saudi Arabia’s questionable human-rights record. Hatice Cengiz, the fiancée of Jamal Khashoggi, the journalist murdered after entering the Kingdom’s consulate in Turkey three years ago, pleaded with fans to reject Saudi ownership. Any ethical concerns appear to have little impact on Tyneside and even local Labour MPs have called for the Premier League to endorse the takeover.


The botched breakaway by the Big Six and the attempt to form a Super League has put a sharper focus on football governance and there have been calls for independent regulation of the game. The Premier League will resist any attempt to impose outside control but losing either the CAT case or the arbitration would add to the impression that the sport’s ruling bodies have no clear sense of purpose.

The success of Manchester City, who are backed by the Abu Dhabi royal family, has generated a belief that a Saudi takeover would have a similar impact at Newcastle. Sources close to the bid have always played that down. If PIF eventually get their target, the club would be expected to fund itself. There are no plans to inject huge amounts of cash to fund a splurge in the transfer market.


Newcastle’s future should be much clearer by the start of next season. For better or worse, the end of uncertainty cannot come quickly enough for Ashley and the supporters.

 

That’s a long winded way of saying, the Saudis walked away, because they said it wasn’t a viable investment.

 

Well they came back...

 

Just in time for ST renewals.

 

If it ever goes through the expectation levels are going to be huge, as your fans have built this into something it was never going to be from the get go.

Sources close to the bid have always played that down. If PIF eventually get their target, the club would be expected to fund itself. There are no plans to inject huge amounts of cash to fund a splurge in the transfer market.

Some have been saying this from the very start tbf like......but if and when it happens your fans will be giving it the Mbappe level stuff again, and the come down from the initial vast intake of #cans could be painful for many.

You’d be better served with someone else rocking up who’s got the same level of ambition in terms of investment and doesn’t come with all the baggage and huge expectation level imo.