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Newcastle Takeover

Discussion in 'Premier League' started by A Gooner, May 27, 2019.

  1. gate17

    gate17 Registered User

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    I can remember unfortunately the 1964 win….. Is that good or bad lol
     
  2. MrLeeLemon

    MrLeeLemon 50+1

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    If the debate just gets debased to tribalism then you know the people in question don't have a leg to stand on.
     
  3. FranniesTache

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    If a debate between Geordies and makems doesn’t descend to tribalism they’re both soft c*nts


    Sent from my iPhone using Tapatalk
     
    Shane, Leivapool, CPFC2010 and 2 others like this.
  4. StretfordEnd

    StretfordEnd Fools can be kings
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    The hostility among Premier League clubs to the Newcastle United takeover was underlined on Monday when they voted through legislation designed to prevent the Saudi owners from striking lucrative sponsorship deals.

    Newcastle made it clear at the emergency meeting of all 20 clubs that they considered the rule change, which will temporarily ban commercial arrangements that involve pre-existing business relationships, to be anti-competitive. They were represented by Lee Charnley, the incumbent managing director, rather than Amanda Staveley, the director and minority stakeholder, who is now responsible for running the club on a day-to-day basis. Charnley is understood to have made it clear that his club had legal advice to say that the amendment was unlawful.

    But the clubs pressed on with the vote and it was passed with 18 votes in favour and only Newcastle against. Manchester City abstained. It is believed that they did so on the basis of legal advice that the process was unlawful. City, who are owned by the Abu Dhabi United Group, have had deals that are known as related party transactions. An example was the one that saw Etihad Airways, the Abu Dhabi government-owned carrier, sponsor them.

    Many of the clubs in the Premier League are worried that Newcastle’s Saudi owners might conclude deals in the oil-rich Kingdom which could give them an advantage. The clubs want pre-emptive measures to be put in place that would either prevent this or ensure that fair market value was paid.

    The rule will be in force for the next month – and it will apply to all 20 clubs – but many of them want it or something similar to become a permanent feature. A working party is to be set up – comprising a cross-section of clubs – to investigate what, if any, changes should be made. Newcastle have been asked whether they would like to be on it.

    The Premier League was already looking into such issues and remains involved in a long-running investigation into whether City have breached financial fair play regulations. City have denied any wrongdoing.

    Following the Newcastle takeover, the 19 other clubs demanded a special meeting with the League, wanting to understand why the deal had been signed off. That meeting took place last Tuesday, with some clubs attending in person at the league’s Paddington HQ and others dialling in via conferencing software.

    Straight after it, the 19 clubs met on their own to discuss the financial implications of having the Saudis as competitors. It led to the draft of the temporary ban on related party transactions – Newcastle would be notified of this – and then to Monday’s meeting.


    Premier League clubs vote to block Newcastle sponsorship deals at emergency meeting
     
    SAFC7777 likes this.
  5. Pagnell

    Pagnell MISERABLE C**T

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    What a surprise. Two cnut clubs together.
     
  6. Kirby

    Kirby We count the votes

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    Gary Neville saying the Newcastle owners are a disgrace for the way they're treating Steve Bruce and he deserves more decency as he's a 'brilliant footballing man'.

    The same brilliant footballing man who didn't give a f*ck when he broke his contracts to leave Wigan, Palace and Sheffield Wednesday for other clubs at a moment's notice.

    Shut up Gary.
     
    #806 Kirby, Oct 18, 2021
    Last edited: Oct 18, 2021
    King_Kenny, gate17, Zydus and 4 others like this.
  7. The Doc

    The Doc Registered User

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    Have to say regardless of whether or not you are for this type of takeover there is some major skulduggery there.
     
    Stevencc likes this.
  8. SJ Mackem

    SJ Mackem Red and White Army!

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    F*ck me i'm pleased i didn't post that for Bills sake. He would have had a full meltdown.
     
  9. StretfordEnd

    StretfordEnd Fools can be kings
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    I agree. If ever there was a case of pulling the ladder up after you it's this, with the rest of the League suddenly developing a conscience. Pity they didn't adopt this approach with city, because doing it now leaves a bad taste.
     
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  10. Jason

    Jason Spurs optimist

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    I wouldn't say they have a conscience, they're all just voting in their best interests. If it was of any benefit to them, I imagine most would vote in favour of anything.
     
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  11. StretfordEnd

    StretfordEnd Fools can be kings
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    That's my point, suddenly they don't think this kind of blood money is welcome in English football.
     
    Super_horns and Jason like this.
  12. Super_horns

    Super_horns WATFORD Till I Die
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    Yes spot on.

    All about self interests.
     
  13. Billwill

    Billwill Restoration

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    Looks like war. The lawyers are going to have a field day.
     
  14. njmcfc1894

    njmcfc1894 Registered User

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    Don't know who Newcastle can buy apart from City players because clearly the other 18 teams won't sell to them :interesting
     
  15. NotsoPosh

    NotsoPosh Small Fry against The Big Fish

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    I can't see the tax man saying no to any extra overseas revenue arriving into this country be it moralistically wrong or not .... Covid's cost the country billions so any extra £ will help even if it stinks , scratch the surface of any country & you'll probably find plenty of injustice & shady stuff going on !

    Think the big 6 are sh*tting their pants with a new player in town !
     
    Billwill likes this.
  16. Rambo1

    Rambo1 Registered User

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    Pretty sure it was 18 teams that voted against it?
     
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  17. SJ Mackem

    SJ Mackem Red and White Army!

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    Billwill likes this.



    :laugh:
     
  18. Billwill

    Billwill Restoration

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    It's desparation stuff all about protecting their own positions, but it's coming out. Maybe late in the day, but the shady world of income streams is well established. Ask FIFA.
    The 20 Premier League Clubs already get money from the middle East via beIN Sports. Have done for years. Will they terminate these deals now?
     
  19. SpongeParr

    SpongeParr Registered User

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    Teams near the bottom are hating that there's one less relegation rival (potentially).
     
  20. SJ Mackem

    SJ Mackem Red and White Army!

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    I hear B&M in Newcastle are complaining about the lorry driver shortage.

    They're lobbying the government to try and see if there's any other way they can get the vital supply of tea towels into the city.
     

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