Jono62 Posted February 28, 2023 Share Posted February 28, 2023 So close. 2 Link to comment Share on other sites More sharing options...
Jono62 Posted March 2, 2023 Share Posted March 2, 2023 This is fine Link to comment Share on other sites More sharing options...
NurembergVillan Posted March 2, 2023 Moderator Share Posted March 2, 2023 Quote Fresh doubts have emerged surrounding Newcastle's £305m Saudi takeover after chairman Yasir Al Rumayyan was described as a "sitting member" of the Saudi government in documents submitted to a court in the United States. Saudi Arabia's Public Investment Fund (PIF) bought a controlling stake in the Magpies in October 2021 but the deal only went through after they gave the Premier League "legally-binding assurances" that Saudi Arabia would have no say in the running of the club. The PIF is currently challenging an order to produce documents in a US lawsuit involving the PGA Tour and LIV Golf, claiming that the fund and its governor Al Rumayyan "are not ordinary third parties". https://www.joe.co.uk/uncategorized/newcastles-305m-saudi-takeover-faces-fresh-scrutiny-380131?utm_source=twitter&utm_medium=FootballJOE&utm_campaign=feed Link to comment Share on other sites More sharing options...
ender4 Posted March 2, 2023 Share Posted March 2, 2023 https://www.theguardian.com/football/2023/mar/02/premier-league-newcastle-owners-us-court-case-amnesty Quote Premier League clubs have reacted with anger to the description in a US court document of the Newcastle chairman, Yasir al-Rumayyan, as “a sitting minister of the Saudi government”. The development has prompted calls from Amnesty for the league to re-examine the assurances given by Newcastle’s owners that the Saudi state would not have control of the club. The Guardian understands that the clubs dismayed by the situation are in no mood to let the matter lie. The document filed this week has raised fresh questions about the level of separation between the Saudi state and the Public Investment Fund (PIF), whose governor is Rumayyan. A brief filed in a court case involving the PGA Tour and LIV Golf describes the PIF as “a sovereign instrumentality of the Kingdom of Saudi Arabia” and Rumayyan as “a sitting minister of the Saudi government”. The Premier League approved the PIF-led takeover of Newcastle in October 2021 after receiving “legally binding assurances” that the Saudi state would not have control of the club. Now the human rights group Amnesty International is calling on the league to ask new questions of Newcastle’s owners. “It was always stretching credulity to breaking point to imagine that the Saudi state wasn’t directing the buyout of Newcastle with the ultimate aim of using the club as a component in its wider sportswashing efforts,” Peter Frankental, Amnesty UK’s economic affairs director, said. Link to comment Share on other sites More sharing options...
Popular Post StewieGriffin Posted March 2, 2023 Popular Post Share Posted March 2, 2023 But they passed the Premier League's stringent "no state ownership" policy, so how can there be any doubt about this? Next you'll be saying that the Premier League panel were blinded by offers of cssh, presents, holidays and association with Saudi royalty, and either didn't actually investigate or turned a blind eye. Ya mad bastards 7 Link to comment Share on other sites More sharing options...
Jono62 Posted March 2, 2023 Share Posted March 2, 2023 Link to comment Share on other sites More sharing options...
MrBlack Posted March 2, 2023 Share Posted March 2, 2023 (edited) 2 hours ago, ender4 said: https://www.theguardian.com/football/2023/mar/02/premier-league-newcastle-owners-us-court-case-amnesty “It was always stretching credulity to breaking point to imagine that the Saudi state wasn’t directing the buyout of Newcastle with the ultimate aim of using the club as a component in its wider sportswashing efforts" And yet the PL are surprised to see it confirmed in writing that they were. The clear indicator is they're either completely ignorant idiots that shouldn't be leading a Sunday league team, let alone the PL. Or they've willfully ignored the logical situation for their own financial gain. Or, both. Edited March 2, 2023 by MrBlack 1 Link to comment Share on other sites More sharing options...
wedge Posted March 2, 2023 Share Posted March 2, 2023 I'm starting to lose my head over the utter w***-fest about these. The media (in particular the Sky Sports) coverage of them since the Saudi sportswash takeover got bludgeoned through has been nothing short of sickening. Some of the 'this is just the beginning' and 'brave' posts they've made about them after their Carabao loss on Sunday are nauseating and nothing of the like written about any other League Cup runners up before! 68 feckin' years they've gone without winning a pot!!!! Link to comment Share on other sites More sharing options...
Demitri_C Posted March 2, 2023 Share Posted March 2, 2023 Its such a joke. Everyone **** knew the saudi state were involved yet the PL allowed it. Corrupt **** arseholes 3 Link to comment Share on other sites More sharing options...
villa4europe Posted March 2, 2023 Share Posted March 2, 2023 14 minutes ago, wedge said: I'm starting to lose my head over the utter w***-fest about these. The media (in particular the Sky Sports) coverage of them since the Saudi sportswash takeover got bludgeoned through has been nothing short of sickening. Some of the 'this is just the beginning' and 'brave' posts they've made about them after their Carabao loss on Sunday are nauseating and nothing of the like written about any other League Cup runners up before! 68 feckin' years they've gone without winning a pot!!!! Potential new competition is good for the product and that's all they care about Link to comment Share on other sites More sharing options...
Popular Post The_Steve Posted March 2, 2023 Popular Post Share Posted March 2, 2023 53 minutes ago, MrBlack said: “It was always stretching credulity to breaking point to imagine that the Saudi state wasn’t directing the buyout of Newcastle with the ultimate aim of using the club as a component in its wider sportswashing efforts" And yet the PL are surprised to see it confirmed in writing that they were. The clear indicator is they're either completely ignorant idiots that shouldn't be leading a Sunday league team, let alone the PL. Or they've willfully ignored the logical situation for their own financial gain. Or, both. Don't forget also, Boris Johnson's government intervened on the Saudis behalf. It was obvious to anyone this was a project of the Saudi state, but they decided to look the other way. 5 Link to comment Share on other sites More sharing options...
Popular Post bobzy Posted March 2, 2023 Popular Post Share Posted March 2, 2023 The ownership of Newcastle should be **** here, to be honest. They won't be, but they should be. Apparently the PL have received "legally binding reassurances" that the state does not have ownership of the club. In an interview on the BBC Sport site, the CEO of the PL states that, essentially, if these are breached then the consortium can be removed as owners. Money will say no, and Saudi Arabia will continue to own Newcastle, but they should be ****. 9 Link to comment Share on other sites More sharing options...
MrBlack Posted March 2, 2023 Share Posted March 2, 2023 38 minutes ago, Mr_Dogg said: But the Deputy Prime Minister of the UAE owns Man City? Why isn't there more uproar there? And he arranges deals with Russian billionaires looking to move money into the UAE on behalf of the UAE's government. Think they've missed the boat on banning the ownership there, and is probably why they're taking the FFP approach to kick them out. Newcastle will hopefully find their ownership is void, but given their position in the league you'd expect they might make most of their money back if forced to sell. Link to comment Share on other sites More sharing options...
Chindie Posted March 2, 2023 VT Supporter Share Posted March 2, 2023 Ah, you'd think the Rizla thin wall of separation between the Saudi government and definitely not Saudi government instrument that owns Newcastle would last a bit longer than this. 1 Link to comment Share on other sites More sharing options...
HanoiVillan Posted March 2, 2023 Share Posted March 2, 2023 1 hour ago, The_Steve said: Don't forget also, Boris Johnson's government intervened on the Saudis behalf. It was obvious to anyone this was a project of the Saudi state, but they decided to look the other way. And just in case anyone thinks this is a Tory thing, Chi Onwurah - the Labour MP for Newcastle's city centre constituency - was constantly complaining about the takeover not being allowed before it happened, including writing a number of letters demanding the government allowed it. Link to comment Share on other sites More sharing options...
villa89 Posted March 2, 2023 Share Posted March 2, 2023 On 28/02/2023 at 15:48, Jono62 said: So close. It takes a special type of brain dead person to get a tattoo like that before the game. Link to comment Share on other sites More sharing options...
Jareth Posted March 2, 2023 Share Posted March 2, 2023 Would love to think something will come of this - there is after all due to be an improved owners and directors test from the new regulator. Link to comment Share on other sites More sharing options...
The_Steve Posted March 2, 2023 Share Posted March 2, 2023 1 hour ago, HanoiVillan said: And just in case anyone thinks this is a Tory thing, Chi Onwurah - the Labour MP for Newcastle's city centre constituency - was constantly complaining about the takeover not being allowed before it happened, including writing a number of letters demanding the government allowed it. Ugh I missed that - not surprised by that Link to comment Share on other sites More sharing options...
Mr_Dogg Posted March 2, 2023 Share Posted March 2, 2023 (edited) On 28/02/2023 at 15:48, Jono62 said: So close. What does an ambulance siren have to do with anything? Edited March 2, 2023 by Mr_Dogg 1 Link to comment Share on other sites More sharing options...
VillaChris Posted March 3, 2023 Share Posted March 3, 2023 Real Madrid being linked to Bruno Guimaraes would be good for us in next 2-3 years given he'd be cheaper than Bellingham. Look at Newcastle's results with him in/out of team in last 12 months, crucial for how they play in midfield given the supporting cast is Longstaff and Willock. Link to comment Share on other sites More sharing options...
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