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Court Action
#1
Well here we go again the PL have been sent an early shot across there bows with a consortium taking them to Court about the takeover and the PL fiasco that ensued I have read the Letter sent to Masters & Co and it is very well written and the facts are there to show they are not messing about I took a screenshot of the intro letter but you can see the rest of it on Twitter via LiamKenedy23 he also works for the Shields Gazette I seriously think this is just the start of legal action to get this Saudi deal pushed through before Christmas, here's hoping.


ASHLEY OUT!!!!!!


 [Image: ElVUcUzXEAE90Ys?format=jpg&name=large]
"Everyones Got To Believe In Something. I Believe Ill Have Another Beer" W C Fields.
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#2
We have worked with one of the UK’s very top QC’s in Sport and Competition Law in Robert O’Donoghue QC and we believe that only a fans group will see this resolved within an acceptable short period of time.


“Our plan is to seek maximum expedition of our case before a specialist competition law court, the Competition Appeal Tribunal (CAT). The CAT is a specialist judicial body with cross-disciplinary expertise in law, which hears and decides cases involving competition regulatory issues. We have asked the EPL and its members to cooperate in expediting this case due to the urgency involved.

“The CAT is willing to deal with urgent cases very quickly, with results in a handful of months. We also very much hope that the UK courts will appreciate the urgency of hearing a case very much in the public’s interest where ordinary members of the UK public are taking on the wealth and might of the EPL and its members and others. This impacts football fans across our country and the globe, not just Newcastle fans.

“We therefore await the EPL’s response as to how they will either face up to this action if they have nothing to hide, or whether they will seek to delay and obfuscate.”

Beer Beer Beer Beer Beer Beer Beer Beer Beer Beer Beer Beer Beer Beer Beer
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#3
As always after multiple let down's i hope we get what we deserve yet won't hold my breath and won't believe anything until the new owners are standing at SJP claiming it's all done.
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#4
(28-10-2020, 11:55 PM)Boydie Wrote: As always after multiple let down's i hope we get what we deserve yet won't hold my breath and won't believe anything until the new owners are standing at SJP claiming it's all done.

Yep

Until the gold rolls-royces are parked outside the Strawberry, I can’t believe  Blush

But  I live in hope  huh?

Mick
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#5
I get they want to hold them accountable but in the real world, as fans of this club, this will mean jack shit.

On the topic of takeovers, if Burnley do get bought out for 200 million, when we are sat here for not much more, I think I will finally admit, the entire world has gone completely mad.
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#6
Back in August, this cracker was also sent to masters:

FAO: Mr Richard Masters, CEO

6 August 2020

Dear Sirs

WITHOUT PREJUDICE

Potential Legal Action Against the English Premier League and Mr Richard Masters

Over the past 15 years, I have been a director of a number of public companies on the London Stock Exchange (“LSE”), so I am well versed on how good corporate governance works.

I have also been party to numerous mergers and acquisition deals in the past where confidentiality is critical to such transactions, so I fully understand what parties are able to do and say under such circumstances.

At this time, I am still a director of two public companies on the LSE but am forwarding you this letter in a personal capacity. I am also a passionate supporter of Newcastle United having first watched them from the terraces in 1971.


This letter serves as a warning to you that unless certain actions are taken within the next 10 working days, I (and others) plan to instigate legal action against the English Premier League (“EPL”) and also Mr Masters personally for a total failure to act in the best interests of the EPL and their members in this matter, as well as a total failure to follow the EPL’s own procedures & regulations … and, most importantly, to properly protect the best interests of one of their main members, being Newcastle United Football Club.

We will be seeking substantial damages from the EPL for the loss of the investment in our club. This is not an idle threat and I will have a very strong following behind me.

The actions of the EPL and Mr Masters over the past 18 weeks have been nothing short of scandalous, displaying total incompetence, a failure to follow good governance practices and utter contempt for all NUFC supporters.

As a Newcastle United fan, we have always accepted the ups and downs that go with being a supporter of a club with a great past. However, the past 13 years has been particularly frustrating.


We harp back to the “glory days” of Kevin Keegan and Sir Bobby Robson when we challenged amongst the elite, chasing the EPL title and also playing in the Champions League. We have longed and hoped for something different. We live and breathe our club every day, do you actually understand what that means?

So, you can imagine the hope that we suddenly had when we heard about the takeover by the PCP Partners Consortium. We loved their vision to succeed and thrive on and off the pitch, to invest in the team, our facilities and also in the local area. This was a huge opportunity which the vast majority of Newcastle fans fully support, over 97% of the Newcastle United Supporters Trust (NUST) at last count. It gave us hope and belief again. For most of us, it was a dream come true.

However, we have been hugely let down by the actions of the EPL and Mr Masters over the past 18 weeks … which has resulted in the consortium withdrawing from the takeover last week, blaming the prolonged process adopted by the EPL who appear unable or unwilling to make a decision. We were all dismayed at this announcement. Have you any idea what it feels like to have your hopes and dreams dashed by the incompetence of an organisation which is supposed to help protect its members?

The EPL effectively became the “classic emu”, it stuck its head in the sand and simply relied on the statement “No Comment” at all times, no doubt hoping the issue would just go away. That is totally unacceptable and totally disrespectful to all Newcastle United fans and to the Club too. It also displayed cowardice with Mr Masters bringing a new meaning to the word “shortly”.

Knowing confidentiality issues very well, I know that the EPL could still have issued suitable statements and, at least, established and communicated a reasonable timeframe for making a decision. By communicating nothing, the EPL Board have totally abdicated its responsibilities to the EPL, NUFC and its supporters.

The fit and proper persons test is a simple test to determine if the proposed new directors and owners have broken any laws or have a criminal past. Your rules and procedures show this is a relatively mechanical process. It is only about the participants who will be directorsand the organisation/s they represent. It has nothing to do with morality… if it did, the directors of half the teams in the EPL would have failed that test.

It has nothing to do with the State of Saudi Arabia, piracy issues or the WTO report. We had a consortium of three parties working together, willing buyers with a willing seller and, indeed, this would possibly have been the first time ever where an Arab group is willing to work alongside Jewish investors, the Reuben Brothers, as business partners.

This created a huge worldwide opportunity which the EPL has failed to grasp and embrace. The implications of this new working relationship would have gone way beyond football and I’m amazed more store hasn’t been placed on that fact.

We have been led to believe that the EPL have listened to the views of individuals and organisations who, quite frankly, had never heard of Newcastle United until the consortium bid. Their statements that they care about our club are total nonsense, they don’t care.

This was simply an opportunity for them to attack the state of Saudi Arabia through this process. Ms Cengiz has been used by parties such as the Qatar Government, beIN Sports and Amnesty International who have all jumped on the bandwagon against the Public Investment Fund (“PIF”) and other Saudi individuals who are not even part of this process.

Newcastle United would appear to be in the middle of a supposed geopolitical feud between Qatar and Saudi Arabia which has nothing to do with the fit and proper persons test. And yet the EPL has apparently entertained this as being part of their process when it clearly shouldn’t be, based on the nature of the tests which should be applied.

It should also be noted that there have been numerous investments by the PIF in UK companies in recent times which have not been subject to any comments or complaints.


There are also Saudi Arabian investments in – and commercial deals with – other EPL clubs, as you well know, including Manchester United (where there was no loud campaign by Amnesty International or others about this).

NUFC is simply being used as a pawn by various organisations with a separate agenda, including the EPL. The UK Government welcomes investment by Saudi Arabian organisations and is exporting to the country too. Why should an investment in NUFC by a Saudi Arabian organisation be an issue?

Saudi Arabia is an ally of the UK. The Reuben Brothers are also investors in the city of Newcastle, owning various properties and commercial venues in the city, including the local racecourse. It should have taken just a few weeks for the EPL to have concluded that the individuals involved from the consortium would act in their roles as directors independently.

The outcome of the EPL’s failure to approve the consortium’s bid to acquire NUFC, is that the huge investment funds from the PIF may now go elsewhere; we hear of the PIF possibly transferring their interest to AC Milan in Italy or a club in France. How is this helping the EPL?

It is a disgrace that such significant investment, at a time when COVID-19 is causing economic mayhem in the UK, is not approved by the EPL. I have absolutely no doubt the Italian or French football authorities will have no issues approving such an investment in short order, they will welcome it with open arms. They won’t look at morality, piracy, consider geopolitical issues or the views of other jealous clubs in their leagues. They will simply see the huge investment potential across their leagues and a chance for their teams to thrive. We need that investment in the UK, not elsewhere!

I also suspect the EPL has been swayed by some of its other EPL clubs who would rather NUFC does not become an EPL powerhouse again. I will not name them here but their actions are a disgrace too, they have acted in self-interest and not in the interests of the EPL. If the concern was about piracy in Saudi Arabia, that clearly had nothing to do with the PIF as an organisation!

Despite the public withdrawal of PIF last week, I still understand they wish the transaction to complete. The seller has confirmed he is still 100% behind the consortium takeover, the other two consortium members (including Amanda Staveley and the Reuben Brothers) are clearly upset at the turn of events and would welcome a resurrection and approval by the EPL of the takeover. And NUFC fans are almost entirely still behind the consortium. So, everything is in place for this takeover to go ahead.

At the time of drafting this letter, nearly 85,000 fans have signed a petition calling for an independent investigation into the EPL and Mr Masters’ handling of this takeover; you have stirred a monster with your actions (or inactions). You may believe this takeover is behind you, that your tactics of saying nothing have worked. You are very wrong if you believe this will just go away.

I am therefore putting the EPL on notice that if the EPL does not either approve the takeover within the next 10 working days – or at least explain the reasons you failed to approve it – I (and others) will instruct lawyers to commence proceedings against the EPL and Mr Masters.

I can source the funds to do this, I certainly have the will… and I know I will also have the support of tens of thousands of NUFC fans.

The EPL has been made to look a laughing stock through their actions and we will make you listen. You are treating NUFC differently from your other members which is totally unacceptable.

It is time for the EPL to take responsibility and approve the takeover. Stop prevaricating and do the right thing!

As for Mr Masters, I would question whether he is a fit and proper person to be CEO of the EPL. I seem to recall he was your third choice which says everything.

Yours faithfully

Gordon B. Stein
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#7
(05-11-2020, 02:40 PM)Mick Wrote: Back in August, this cracker was also sent to masters:

FAO: Mr Richard Masters, CEO

6 August 2020

Dear Sirs

WITHOUT PREJUDICE

Potential Legal Action Against the English Premier League and Mr Richard Masters

Over the past 15 years, I have been a director of a number of public companies on the London Stock Exchange (“LSE”), so I am well versed on how good corporate governance works.

I have also been party to numerous mergers and acquisition deals in the past where confidentiality is critical to such transactions, so I fully understand what parties are able to do and say under such circumstances.

At this time, I am still a director of two public companies on the LSE but am forwarding you this letter in a personal capacity. I am also a passionate supporter of Newcastle United having first watched them from the terraces in 1971.


This letter serves as a warning to you that unless certain actions are taken within the next 10 working days, I (and others) plan to instigate legal action against the English Premier League (“EPL”) and also Mr Masters personally for a total failure to act in the best interests of the EPL and their members in this matter, as well as a total failure to follow the EPL’s own procedures & regulations … and, most importantly, to properly protect the best interests of one of their main members, being Newcastle United Football Club.

We will be seeking substantial damages from the EPL for the loss of the investment in our club. This is not an idle threat and I will have a very strong following behind me.

The actions of the EPL and Mr Masters over the past 18 weeks have been nothing short of scandalous, displaying total incompetence, a failure to follow good governance practices and utter contempt for all NUFC supporters.

As a Newcastle United fan, we have always accepted the ups and downs that go with being a supporter of a club with a great past. However, the past 13 years has been particularly frustrating.


We harp back to the “glory days” of Kevin Keegan and Sir Bobby Robson when we challenged amongst the elite, chasing the EPL title and also playing in the Champions League. We have longed and hoped for something different. We live and breathe our club every day, do you actually understand what that means?

So, you can imagine the hope that we suddenly had when we heard about the takeover by the PCP Partners Consortium. We loved their vision to succeed and thrive on and off the pitch, to invest in the team, our facilities and also in the local area. This was a huge opportunity which the vast majority of Newcastle fans fully support, over 97% of the Newcastle United Supporters Trust (NUST) at last count. It gave us hope and belief again. For most of us, it was a dream come true.

However, we have been hugely let down by the actions of the EPL and Mr Masters over the past 18 weeks … which has resulted in the consortium withdrawing from the takeover last week, blaming the prolonged process adopted by the EPL who appear unable or unwilling to make a decision. We were all dismayed at this announcement. Have you any idea what it feels like to have your hopes and dreams dashed by the incompetence of an organisation which is supposed to help protect its members?

The EPL effectively became the “classic emu”, it stuck its head in the sand and simply relied on the statement “No Comment” at all times, no doubt hoping the issue would just go away. That is totally unacceptable and totally disrespectful to all Newcastle United fans and to the Club too. It also displayed cowardice with Mr Masters bringing a new meaning to the word “shortly”.

Knowing confidentiality issues very well, I know that the EPL could still have issued suitable statements and, at least, established and communicated a reasonable timeframe for making a decision. By communicating nothing, the EPL Board have totally abdicated its responsibilities to the EPL, NUFC and its supporters.

The fit and proper persons test is a simple test to determine if the proposed new directors and owners have broken any laws or have a criminal past. Your rules and procedures show this is a relatively mechanical process. It is only about the participants who will be directorsand the organisation/s they represent. It has nothing to do with morality… if it did, the directors of half the teams in the EPL would have failed that test.

It has nothing to do with the State of Saudi Arabia, piracy issues or the WTO report. We had a consortium of three parties working together, willing buyers with a willing seller and, indeed, this would possibly have been the first time ever where an Arab group is willing to work alongside Jewish investors, the Reuben Brothers, as business partners.

This created a huge worldwide opportunity which the EPL has failed to grasp and embrace. The implications of this new working relationship would have gone way beyond football and I’m amazed more store hasn’t been placed on that fact.

We have been led to believe that the EPL have listened to the views of individuals and organisations who, quite frankly, had never heard of Newcastle United until the consortium bid. Their statements that they care about our club are total nonsense, they don’t care.

This was simply an opportunity for them to attack the state of Saudi Arabia through this process. Ms Cengiz has been used by parties such as the Qatar Government, beIN Sports and Amnesty International who have all jumped on the bandwagon against the Public Investment Fund (“PIF”) and other Saudi individuals who are not even part of this process.

Newcastle United would appear to be in the middle of a supposed geopolitical feud between Qatar and Saudi Arabia which has nothing to do with the fit and proper persons test. And yet the EPL has apparently entertained this as being part of their process when it clearly shouldn’t be, based on the nature of the tests which should be applied.

It should also be noted that there have been numerous investments by the PIF in UK companies in recent times which have not been subject to any comments or complaints.


There are also Saudi Arabian investments in – and commercial deals with – other EPL clubs, as you well know, including Manchester United (where there was no loud campaign by Amnesty International or others about this).

NUFC is simply being used as a pawn by various organisations with a separate agenda, including the EPL. The UK Government welcomes investment by Saudi Arabian organisations and is exporting to the country too. Why should an investment in NUFC by a Saudi Arabian organisation be an issue?

Saudi Arabia is an ally of the UK. The Reuben Brothers are also investors in the city of Newcastle, owning various properties and commercial venues in the city, including the local racecourse. It should have taken just a few weeks for the EPL to have concluded that the individuals involved from the consortium would act in their roles as directors independently.

The outcome of the EPL’s failure to approve the consortium’s bid to acquire NUFC, is that the huge investment funds from the PIF may now go elsewhere; we hear of the PIF possibly transferring their interest to AC Milan in Italy or a club in France. How is this helping the EPL?

It is a disgrace that such significant investment, at a time when COVID-19 is causing economic mayhem in the UK, is not approved by the EPL. I have absolutely no doubt the Italian or French football authorities will have no issues approving such an investment in short order, they will welcome it with open arms. They won’t look at morality, piracy, consider geopolitical issues or the views of other jealous clubs in their leagues. They will simply see the huge investment potential across their leagues and a chance for their teams to thrive. We need that investment in the UK, not elsewhere!

I also suspect the EPL has been swayed by some of its other EPL clubs who would rather NUFC does not become an EPL powerhouse again. I will not name them here but their actions are a disgrace too, they have acted in self-interest and not in the interests of the EPL. If the concern was about piracy in Saudi Arabia, that clearly had nothing to do with the PIF as an organisation!

Despite the public withdrawal of PIF last week, I still understand they wish the transaction to complete. The seller has confirmed he is still 100% behind the consortium takeover, the other two consortium members (including Amanda Staveley and the Reuben Brothers) are clearly upset at the turn of events and would welcome a resurrection and approval by the EPL of the takeover. And NUFC fans are almost entirely still behind the consortium. So, everything is in place for this takeover to go ahead.

At the time of drafting this letter, nearly 85,000 fans have signed a petition calling for an independent investigation into the EPL and Mr Masters’ handling of this takeover; you have stirred a monster with your actions (or inactions). You may believe this takeover is behind you, that your tactics of saying nothing have worked. You are very wrong if you believe this will just go away.

I am therefore putting the EPL on notice that if the EPL does not either approve the takeover within the next 10 working days – or at least explain the reasons you failed to approve it – I (and others) will instruct lawyers to commence proceedings against the EPL and Mr Masters.

I can source the funds to do this, I certainly have the will… and I know I will also have the support of tens of thousands of NUFC fans.

The EPL has been made to look a laughing stock through their actions and we will make you listen. You are treating NUFC differently from your other members which is totally unacceptable.

It is time for the EPL to take responsibility and approve the takeover. Stop prevaricating and do the right thing!

As for Mr Masters, I would question whether he is a fit and proper person to be CEO of the EPL. I seem to recall he was your third choice which says everything.

Yours faithfully

Gordon B. Stein
Wow, if that does not give the EPL or Masters sleepless nights I really don't know what will, they also have to be thankful for this C19 pandemic because there would have been hundreds if not thousands of Geordies heading doon to the smoke to release their anger at the PL  what a day out that would have been. I see that the PL has asked for a delay in Court Proceedings of 14 days which has been refused I really do hope they swing Masters and his cronies by the knackers all over Londonia. I still have hope and belief that the takeover will go through and I am hoping this will happen in early December just in time for the January transfer date.


ASHLEY OUT!!!!!!!
"Everyones Got To Believe In Something. I Believe Ill Have Another Beer" W C Fields.
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