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tinman

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12 minutes ago, derby8 said:

Sometimes get confused with middle east countries but reading Newcastle take over may be back on, could that be why Derby one stalling.

No, 2 different takeovers or non takeovers.

"Newcastle United's would-be owners are growing "cautiously optimistic" that the club's court battle with the Premier League can result in a takeover breakthrough.

Mike Ashley wants full transparency on why the Premier League did not push through the £340million bid from Saudi Arabia's Public Investment Fund, Amanda Staveley and the Reuben brothers.

The main factor in the takeover's collapse appeared to be the objection of such a deal fro Qatar-based beIN Sports who were furious over their channel being broadcasted illegally and beaming Premier League action around the country via piracy.

In the aftermath of the takeover not going through, Saudi Arabia then banned beIN Sports being broadcasted around the Kingdom.

And while beIN Sports is still not back up and running in Saudi Arabia the slow process of getting it restored is said to be under way in the Middle East.

Were that to happen, and relations between Saudia Arabia and Qatar begin to thaw, it would put the Premier League in an easier position to reconsider the sale"

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2 hours ago, derby8 said:

Think Feb/Mar a good time to go for a football club. Jan window out of the way, no deals until the summer, time to plan for next season, player trading, etc, etc and get takeover deal sorted by the end of this season.

Unless of course you don’t know what league your new plaything is going to be in next season 

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17 minutes ago, Taribo said:

Unless of course you don’t know what league your new plaything is going to be in next season 

The deal would prob not be signed off until it was known, price would depend partly on that, there's plenty a prospective new owner could work on in the time up to then though.

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11 hours ago, oldtimeram said:

Why can't he fund the wages?  Why does he need to take loans?  I don't understand why this is the case if he is as wealthy as reported?

Morris can't be broke surely? 

Because very few people have 2 million in cash hanging around .. he has assets so he pledges some assets as security, rather than selling them, and gets a loan 

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14 minutes ago, jono said:

Because very few people have 2 million in cash hanging around .. he has assets so he pledges some assets as security, rather than selling them, and gets a loan 

Not to mention that lots of his investments are likely to be weird VC tech investments which your average commercial bank won’t accept as security 

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9 hours ago, derby8 said:

The deal would prob not be signed off until it was known, price would depend partly on that, there's plenty a prospective new owner could work on in the time up to then though.

What? Surely you’re not suggesting a takeover could take several months to complete and even then, still may not go through??

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The takeover may not look like happening but hopefully some can accept now that the talk of being plunged into administration and Wigan style fire sales was extremely premature and based on wild speculation in the absence of information. 
 

The takeover doesn’t happen, Mel carries on backing the club until he gets new investment or another buyer, and we continue along the lines of developing the youth and where we can getting in experience by scratching around for bargains or lower league prospects. That’s where we’re at as a club at the moment as unfortunately all the non-parachute funded clubs are in a Covid world (or should be unless they want to avoid issues down the line). 

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14 hours ago, James Pond said:

No, 2 different takeovers or non takeovers.

"Newcastle United's would-be owners are growing "cautiously optimistic" that the club's court battle with the Premier League can result in a takeover breakthrough.

Mike Ashley wants full transparency on why the Premier League did not push through the £340million bid from Saudi Arabia's Public Investment Fund, Amanda Staveley and the Reuben brothers.

The main factor in the takeover's collapse appeared to be the objection of such a deal fro Qatar-based beIN Sports who were furious over their channel being broadcasted illegally and beaming Premier League action around the country via piracy.

In the aftermath of the takeover not going through, Saudi Arabia then banned beIN Sports being broadcasted around the Kingdom.

And while beIN Sports is still not back up and running in Saudi Arabia the slow process of getting it restored is said to be under way in the Middle East.

Were that to happen, and relations between Saudia Arabia and Qatar begin to thaw, it would put the Premier League in an easier position to reconsider the sale"

I read the real reason for the collapse of the takeover was liverpool and man u’s desire to keep ncstl out of their cosy little club. Sounds plausible 

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28 minutes ago, BramcoteRam84 said:

The takeover doesn’t happen, Mel carries on backing the club until he gets new investment or another buyer, and we continue along the lines of developing the youth and where we can getting in experience by scratching around for bargains or lower league prospects

If the BZG bid collapses maybe MM will decide now is just a daft time to try to sell. And so maybe he’ll have one last push next season with WR. Might be the best outcome right now 

Edited by kevinhectoring
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3 minutes ago, kevinhectoring said:

If the BZG bid collapses maybe MM will decide now is just a daft time to try to sell. And so maybe he’ll have one last push next season with WR. Might be the best outcome right now 

Or another outcome might be that Mel realises that it is indeed an inopportune time to sell but just puts enough into the club to cover the day to day running and nothing more until he is better positioned to try and sell up again. 

It's all so exciting isn't it. 

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17 minutes ago, Tyler Durden said:

Or another outcome might be that Mel realises that it is indeed an inopportune time to sell but just puts enough into the club to cover the day to day running and nothing more until he is better positioned to try and sell up again. 

It's all so exciting isn't it. 

That could prove a sensible move. Derby could be a good investment opportunity compared with other clubs, for reasons mentioned previously. They have a track record of financial problems in phases going back decades and require a period of sensible financial management. If the current owner started that any new owner may be advised to carry it on, at least until they have played themselves in. Success on the pitch could happen as a result of good football management rather than money spent in all directions.

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1 minute ago, derby8 said:

That could prove a sensible move. Derby could be a good investment opportunity compared with other clubs, for reasons mentioned previously. They have a track record of financial problems in phases going back decades and require a period of sensible financial management. If the current owner started that any new owner may be advised to carry it on, at least until they have played themselves in. Success on the pitch could happen as a result of good football management rather than money spent in all directions.

Just hoping we can go on a good cup run.... Oh bum! 

?

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36 minutes ago, kevinhectoring said:

I read the real reason for the collapse of the takeover was liverpool and man u’s desire to keep ncstl out of their cosy little club. Sounds plausible 

If true and I very much doubt it, That would be a Conspiracy with the Premier league and FA, Saudi Arabia thought their power with money could keep little Qatar quiet, But "Piracy" of a sports channel is frowned upon from all quaters as this shrinks others financial income.

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43 minutes ago, kevinhectoring said:

If the BZG bid collapses maybe MM will decide now is just a daft time to try to sell. And so maybe he’ll have one last push next season with WR. Might be the best outcome right now 

If it collapses ? Come on guys isn’t it pretty obvious it’s over. Salem Hafez podcast straight after the Bournemouth game pretty much concluded it. Someone clearly in the know about Middle East business procedure, culture and a very clear indication the the BZG main backer had pulled out.

There could be an ongoing search by them for others to back it but after this length of time It seems unlikely 

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45 minutes ago, kevinhectoring said:

If the BZG bid collapses maybe MM will decide now is just a daft time to try to sell. And so maybe he’ll have one last push next season with WR. Might be the best outcome right now 

Not trying to second guess what Mel is thinking but get the impression that he is of the opinion that it's just not going to happen for the club under his ownership and let someone else have a go. 

So the one last push is a ship that has sailed a long time ago for him. 

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27 minutes ago, Tyler Durden said:

Not trying to second guess what Mel is thinking but get the impression that he is of the opinion that it's just not going to happen for the club under his ownership and let someone else have a go. 

So the one last push is a ship that has sailed a long time ago for him. 

Would be ironic if a good football period came at the same time as stronger financial control...

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