I don’t know where this should go probably media thread or Newcastle thread but think it’s better here.
Martin Lipton was on talkshite before discussing the revelations in the US golf case where some guy at Newcastle cannot testify because he is part of the Saudi state. But Newcastle promised they where not owned by the Saudi state.
He called us state owned
Said pressure came from the government in relation to the takeover seeming to imply it came to make sure the state was not involved as states have been allowed to own clubs in the past PSG (in his view us) and nothing in rules to stop it.
The talkshite presenters said how informative he was
I appreciate it’s a different club different circumstances not about FFP
However I think it shows the media don’t understand things and the financial let alone Middle Eastern.
Amanda at Newcastle said the ownership group are just like a pension fund they laughed I don’t think that’s really true.
But let’s suppose that the Tote or post office prior to privatization, King Charles or the Norwegian Sovereign Wealth Fund bought a club.
Would people be claiming that PM or a minister was running the clubs ? Or that PM of Norway was or the King ? No they would say they are being run by managers executives etc.
It’s possible to be a politician and have private business or even be on the board of state companies or in charge of the department of which they report to and not be involved in the day to day running of them
I don’t see it as unsurprising that the guy in charge of Newcastle is claiming government immunity whilst also claiming the state does not own Newcastle
Martin Lipton was on talkshite before discussing the revelations in the US golf case where some guy at Newcastle cannot testify because he is part of the Saudi state. But Newcastle promised they where not owned by the Saudi state.
He called us state owned
Said pressure came from the government in relation to the takeover seeming to imply it came to make sure the state was not involved as states have been allowed to own clubs in the past PSG (in his view us) and nothing in rules to stop it.
The talkshite presenters said how informative he was
I appreciate it’s a different club different circumstances not about FFP
However I think it shows the media don’t understand things and the financial let alone Middle Eastern.
Amanda at Newcastle said the ownership group are just like a pension fund they laughed I don’t think that’s really true.
But let’s suppose that the Tote or post office prior to privatization, King Charles or the Norwegian Sovereign Wealth Fund bought a club.
Would people be claiming that PM or a minister was running the clubs ? Or that PM of Norway was or the King ? No they would say they are being run by managers executives etc.
It’s possible to be a politician and have private business or even be on the board of state companies or in charge of the department of which they report to and not be involved in the day to day running of them
I don’t see it as unsurprising that the guy in charge of Newcastle is claiming government immunity whilst also claiming the state does not own Newcastle