Newcastle United - £300 million

[Winstonswhite]

My thoughts exactly. Mike Ashley has put a price on Newcastle (a fair one IMO) and the Saudis and Staveley have dillied and dallied for 2 years now. Finally agreeing on pay half up front and owe me the rest? Just get on with it and do the deal. So many charlatans out there promising this and that.

[beddie]

If the proposed Saudi's home is worth £230m it sounds like there could be some serious money coming into Newcastle.

[Chester Perry]

If the proposed Saudi's home is worth £230m it sounds like there could be some serious money coming into Newcastle.

today the price of a barrel of oil (35 gallons) came down to less than a fiver at one point - it typically costs at least $30 dollars to produce a barrel - much, much less in Saudi but this is unsustainable for a country that has over $500 billion of infrastructure projects on hold at home

https://twitter.com/Prof_Chadwick/statu ... 6543509505

[Chester Perry]

Then the price of Oil continued to fall

https://twitter.com/business/status/1252293838795878400

[Taffy on the wing]

This should at least put an end to Arctic exploration and other risky explorations.
Tar-sands and Fracking too!

[Damo]

Closed on minus $15 dollars per barrel.
Now would be a good time to offer the sweaty socks another referendum

[Danieljwaterhouse]

Lack of demand certainly at play here, but the Russians and Arabs have been at war with each other for the last year over the oil price. They’ve been flooding the market with oil to keep the price artificially low trying to break the other.

[Chester Perry]

some clearer understanding of what happened with the price of Oil yesterday

https://www.bbc.co.uk/news/business-52367052

[ElectroClaret]

Further to Martin Samuels interest in this affair, he's reporting in today's Mail that Mike Ashley will trouser around £17 million even if the deal falls through, if, for example, the Premier League do not approve the deal, thanks to a non-refundable deposit paid up front by the Saudi consortium.

Nice work if you can get it....

[Chester Perry]

apparently only the Premier League can stop the deal now as a result of the Owners and Directors test

https://www.skysports.com/football/news ... posit-paid

though the Premier League are under increasing pressure to block the move

https://www.theguardian.com/football/20 ... r-football

[conyoviejo]

Id be gobsmacked if the takeover was stopped now.. Money talks..

[ElectroClaret]

Money talks..

Aye.
And it looks like they'll have a City-type amount of it to spend.

[Chester Perry]

Aye.
And it looks like they'll have a City-type amount of it to spend.

But as of yet not the City type of Executive team - that was absolutely crucial in their development and was missing when Abu Dhabi United first moved in

[Chester Perry]

apparently only the Premier League can stop the deal now as a result of the Owners and Directors test

https://www.skysports.com/football/news ... posit-paid

though the Premier League are under increasing pressure to block the move

https://www.theguardian.com/football/20 ... r-football

That letter from Amnesty International

https://twitter.com/danroan/status/1252605022363418624

[claretonthecoast1882]

Id be gobsmacked if the takeover was stopped now.. Money talks..

But it can't sing and dance and it can't walk

[Chester Perry]

At last BeinSport have gone public with their thoughts on the proposed Newcastle takeover

https://www.bbc.co.uk/sport/football/52375947

[Chester Perry]

That letter from Amnesty International

https://twitter.com/danroan/status/1252605022363418624

Richard Masters the Premier League Chief Exec has responded to Amnesty

https://twitter.com/ben_rumsby/status/1 ... 3931760651

Are you reassured?

[Chester Perry]

Sky get involved in the discussion s as they want the piracy stopped - https://twitter.com/_PaulHayward/status ... 4369804290

[Paul Waine]

Richard Masters the Premier League Chief Exec has responded to Amnesty

https://twitter.com/ben_rumsby/status/1 ... 3931760651

Are you reassured?

So, we will treat them the same as World Cup in Russia, Olympics in Beijing, World Cup in Qatar and, oh, so many football club owners who've all made their money with their own sweat and toil, integrity and honesty?

[tiger76]

Khashoggi's fiancee isn't happy,now legally she and her lawyers probably can't block the takeover,but they can cause plenty of bad publicity for Newcastle,and the PL.

https://www.bbc.co.uk/news/world-middle-east-52465137

[tiger76]

Bruce getting the push?Mauricio Pochettino is the first choice of Newcastle's prospective new owners to replace Steve Bruce as manager and they are willing to pay him £19m per year. (Sky Sports)

[Chester Perry]

Rumours of a Saudi bid for Olympic Marseille - would prove a useful get out for all parties as there would be less controversy

https://twitter.com/Prof_Chadwick/statu ... 3295448068

[Chester Perry]

This is just nuts - from a brand new twitter account - bot army! bot army!

https://twitter.com/KSA_NUFC/status/1258573567924592644

[Chester Perry]

This could be the most significant move yet in stalling the Saudi backed take over of Newcastle - The World Trade Organisation has ruled that pirate station BeoutQ is Saudi owned

https://www.theguardian.com/football/20 ... l-is-saudi

[Woodleyclaret]

The fit and proper person test for football ownership is a complete joke
The Premier League were given lots of reasons to veto tge takeover but bottled

[ecc]

The Sleeping Giant may well continue to remain dormant.