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Newcastle Takeover Seems To Be Solving Some Long-Standing Saudi Issues



There has been some good news in the last several days regarding the Newcastle takeover that has been organized and put together by 48-year-old Ripon-born financier Ms. Amanda Staveley.

And the takeover seems to be very close to finally be given the OK by the Premier League, as the Saudis have apparently agreed to correct some things asked of them, as part of the owners’ and directors’ test.

That’s so the £300M deal can finally be approved.

🙂

Amanda is in London at the moment giving evidence against Barclay’s Bank, who she (as the owner of PCP Capital Partners) is suing for around £1.5B.

Those are the fees she says were legally due to her company when she was involved in getting the bank loans back in the tough times of 2008.

A smiling Amanda Staveley arriving at court for the Barclay’s Bank hearings

First of all, we had the Saudi’s saying they would crack down on the stealing of Intellectual Property in their country:

Here is a translation of the tweet:

“Within the framework of the Kingdom’s efforts to reduce violations of rights. We aim to block 231 websites that violate intellectual property regimes, with a view to shutting them down.”

The Saudis have also sent a letter to major sports bodies of the world to assure them they will now take responsibility for ending (the out of control) piracy in their country.

They seem to be attempting to convince the major sports bodies they are serious about this, and that they will now abide by the Intellectual Property laws and take full responsibility for ending piracy in their country.

The big one that’s been a problem for the takeover is the piracy of beIN Premier League games.

Of course, this was initially because Qatar did allow the legal broadcasting of their PL games in Saudi Arabia, one of the consequences of bad blood between the kingdoms.

And a day or two ago, there was news that Saudia Arabia’s Public Investment Fund had invested in BT, as they take advantage of their very low stock price at the moment.

BT Sports covers the Premier League games, so that’s an indirect boost for the Premier League.

If the Newcastle takeover is responsible for ending the piracy of beIN games and Qatar allows those signals to be received legally in Saudi Arabia that’s a huge step forward.

It will have helped to solve some long-standing problems between Saudi Arabia and Qatar.

That’s got to be positive and of course, this is all in line with getting the ducks lined up, so the announcement of a successful Newcastle takeover can be made.

If we beat Aston Villa at home tomorrow, and the takeover is announced this week, it will have been a monumentl week for the Newcastle United Football Club.

Where are those blood pressure pills?

🙂

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Comments welcome.


23 comments so far

  • IrishRob

    Jun 23, 2020 at 11:48 AM

    Comment #1

    After 2-3 days of zero squabbling and arguing I wake up(rather late it has to be said) to read nothing but party arguing and fighting. Well it was nice while it lasted, Its genuinely stressful reading all the nonsense and fighting when we could be talking about interesting things such as football.

    6
  • Bambams

    Jun 23, 2020 at 11:49 AM

    Comment #2

    Three points against Villa takes all the pressure off once and for all, the team played some great football under Rafa once we knew we were safe.

    Be interesting to see how we play once mathematically safe.

    5
  • IrishRob

    Jun 23, 2020 at 11:50 AM

    Comment #3

    Petty arguing*

    All this fighting and arguing I’m.sure turns other people off from coming on the blog in much the same way it does with myself.

    10
  • WLtoon

    Jun 23, 2020 at 11:51 AM

    Comment #4

    Have a good day fellow bloggers, i`m off on my travels.

    1
  • cleveleysbob

    Jun 23, 2020 at 11:51 AM

    Comment #5

    Morning Rob, quite a lie in that! What are you trying to say? 😉

    0
  • cleveleysbob

    Jun 23, 2020 at 11:53 AM

    Comment #6

    Have a good day WL, weathers perfect for it, the coast would be my choice, less midges. 🙂

    0
  • cupiddstunt

    Jun 23, 2020 at 11:53 AM

    Comment #7

    Bob #20 off previous post (part one, post split apparently too long.)

    After reading reams of guff about PIF when this takeover first came to light, a couple of articles I read pointed out a few things.

    The PIF is currently worth some 260 to 300billion and they want it up to 1 trillion plus by 2030 if I remember correctly.

    With that in mind it said the length of time for PIF investment plans was not one of three to five year plans which is considered ‘short term’ but twenty to twenty five year plans as they are looking to move the countries financial dependence away from oil and on to a much more varied revenue source.

    1
  • cupiddstunt

    Jun 23, 2020 at 11:53 AM

    Comment #8

    Bob #20 (part two)

    To me that made sense looking at NUFC as they can buy the club for 300mil and over the next few years develop its worth while at the same time creating a better revenue stream.

    The top clubs in the world are now valued at over four billion pounds so to possibly turn NUFC into a £4bil club over the next decade while at the same time have it as a money generator, now that is a sound investment.

    If they can see money in challenging SKY then that another matter but if this is given the green light I have no doubt this relationship will go on for a long long time.

    We can but hope, well I do anyway.

    1
  • DaveD1000

    Jun 23, 2020 at 11:54 AM

    Comment #9

    Ed
    keep a haad of that BP…can’t be long now

    2
  • archaeomag

    Jun 23, 2020 at 11:55 AM

    Comment #10

    @Rob
    The pitch is smaller, and it feels a bit claustrophobic in here – but not even jib has spotted that.
    time to bring on the punctuation-less one[s]

    0
  • cleveleysbob

    Jun 23, 2020 at 11:55 AM

    Comment #11

    BamBams, correct, that would be the most useful comparison between last 2 Managers for all those who are keen to Labour the issue. Last 12 games of each. 😉

    0
  • archaeomag

    Jun 23, 2020 at 11:56 AM

    Comment #12

    @cupiddstunt
    Why not one post?
    2 volume epic how unlike you ..

    1
  • Northumbrian

    Jun 23, 2020 at 11:58 AM

    Comment #13

    Bus ,,,

    0
  • Jib

    Jun 23, 2020 at 11:58 AM

    Comment #14

    Jake Humphrey of BT has just reposted his interview with Pochettino
    Timing ?????????????

    https://twitter.com/mrjakehumphrey/status/1275379722822836225

    3
  • archaeomag

    Jun 23, 2020 at 12:00 PM

    Comment #15

    – 245 words @68 – 70 Flesch readability @70
    Very neat m8
    Kev would be proud 😉

    1
  • archaeomag

    Jun 23, 2020 at 12:01 PM

    Comment #16

    *[Year 9 in US]

    0
  • cleveleysbob

    Jun 23, 2020 at 12:02 PM

    Comment #17

    Thanks Cupid, it was the (to me) interesting investment into 2 of SKY’s major competitors that stood out, BT for the U.K. rights, Disney as major tv/cinema production Company in US.

    Out of interest, who currently has US rights to PL games. If it’s a Comcast company, I’d suggest PIF are lining up to take that on also?

    0
  • geordietom

    Jun 23, 2020 at 12:03 PM

    Comment #18

    My wife was sick to the stomach when I told her I put ginger in the curry
    She really loved that cat

    20
  • cupiddstunt

    Jun 23, 2020 at 12:04 PM

    Comment #19

    Geordietom #53 of previous,

    To put my mind at rest was that near the toilets?

    I seem to remember as a 8 – 10 yr old a couple of mates and me walked from Byker to the ground and where I climbed over I think there were toilets close by.

    But sixty plus years kinda sometimes plays tricks on the memory.

    0
  • geordietom

    Jun 23, 2020 at 12:04 PM

    Comment #20

    After watching Bohemian Rhapsody three times in a row, I feel a little sick.
    Must be the high Mercury content.

    3
  • onmeedsun

    Jun 23, 2020 at 12:05 PM

    Comment #21

    Thanks Kev Vegan and Anglo for explaining the bus timetable!
    We should be approaching the love ins of all love ins for all Toon fans. I would be hugging anyone in the City if I still lived there. The time for bitterness and in fighting is over. Let’s just enjoy and show the world the pride we have in our city and region, why we are mental and mad and the loyalist supporters the world has ever had!

    2
  • geordietom

    Jun 23, 2020 at 12:07 PM

    Comment #22

    cupiddstunt…

    just over the wall there was bushes cant remember the toilet , same problem as you mate long time ago , 56 years ago dulls your memory a bit mate …

    1
  • geordietom

    Jun 23, 2020 at 12:08 PM

    Comment #23

    Me and my sisters are baking bread for our sick grandmother. I’m the one responsible for making sure the bread rises but hey,
    it’s the yeast I can do.

    3


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