North East UK news Blackstone Chambers confirmation after Newcastle takeover statement disappeared MetiNews.Com

MetiNews.Com - It's Newcastle United Notebook time with updates on Blackstone Chambers, Nick De Marco, the London premium and Callum Wilson's remarkable comeback

North East UK news Blackstone Chambers confirmation after Newcastle takeover statement disappeared MetiNews.Com

MetiNews.Com - It's Newcastle United Notebook time with updates on Blackstone Chambers, Nick De Marco, the London premium and Callum Wilson's remarkable comeback

North East UK news  Blackstone Chambers confirmation after Newcastle takeover statement disappeared MetiNews.Com
19 September 2020 - 09:16

Breaking News ! Newcastle United fans were left puzzled after the announcement that Blackstone Chambers were acting on behalf of the Magpies and Mike Ashley disappeared from the firm's website. Sources could not confirm why this happened but did tell ChronicleLive that Blackstone are still acting on behalf of the club and Ashley in their dispute with the Premier League. The original statement, which appeared on Blackstone's website on Monday, read as follows: "Shaheed Fatima QC and Nick De Marco QC are acting for Newcastle United FC and Mike Ashley (instructed by Dentons) in a dispute with the Premier League about its rejection of a takeover bid made by PCP Capital Partners, the Reuben Brothers and the Public Investment Fund of Saudi Arabia (PIF) based on its Owners and Directors test." (AM) **** Nick De Marco was careful not to go into too much detail about the legalities surrounding Newcastle United's failed takeover while it was still ongoing because he could have ended up acting for one of the parties involved - and so it proved. The Magpies and Mike Ashley have instructed De Marco and fellow Blackstone Chambers' QC Shaheed Fatima to act on their behalf in their dispute with the Premier League after the Saudi-backed consortium withdrew their offer to buy the club earlier this summer. Read More Related Articles Newcastle United have a new weapon at their disposal to try and change more games Read More Related Articles Miguel Almiron could have a new role in Newcastle United's 4-4-2 and how he reacted to being dropped De Marco is one of the leading barristers in sports law and has acted for sports governing bodies, players, clubs, sponsors, broadcasters and agents. Among those who are well-placed to give an insight into De Marco is Jason Kallis, a partner at Key Stone Law, who previously served as a non-executive director at QPR alongside the QC. "Nick has done pretty much everything in football," he told ChronicleLive. "He knows the players, he knows the rules that regulate the players, he knows clubs, he knows the rules that regulate the clubs. "He's looked at it from the players' point of view, the FA's point of view. He's done it from every angle so that's what you're getting from him, really. "He will give absolutely everything he can to save a player or save a club or whoever he is acting for because that's the name of our game." Ms Fatima, an expert in public international law, will also be acting for the Magpies and Ashley - which proves that this is not just a sports law matter. The buyers offered assurances from the 'highest possible level' to try and establish that it was Saudi Arabia's Public Investment Fund (PIF), rather than the government, who would be in charge. However, given how the crown prince, Mohammed bin Salman, is the chairman of the PIF as well as the country's deputy prime minister, you can see how this proved a complicated issue. The Premier League offered the consortium the ability to have the matter decided by an independent arbitral tribunal and just as the buyers did not take up that offer, they also did not provide the additional information the governing body required.

. It will be fascinating to see how this dispute develops, and what the ultimate aim will be, but it goes without saying that the Court of Arbitration for Sport (CAS) have not registered any arbitration procedures relating to this dispute as of yet. **** Premier League club owners in London would 'definitely expect to command a premium of some sort' - which would not apply to anyone looking to buy Newcastle United, according to a partner in a leading football club acquisitions company. West Ham are the latest top-flight club to be subject of interest from an American consortium which, based on Mike Ashley's valuation of Newcastle, initially priced the Hammers at £350m. That figure was based on the £300m that Ashley wanted for Newcastle plus the extra £50m the consortium believe West Ham's location in London is worth. That capital tax has not come as a surprise to Doug Harmer, the director of Oakwell Sports Advisory, who have transacted on eight Premier League and Championship clubs, "London clubs would definitely expect to command a premium of some sort," he told ChronicleLive. (CK) Read More Related Articles What Newcastle United staff have noted about new signing Ryan Fraser in these last few days Read More Related Articles Newcastle transfer news LIVE - Bruce on Almiron's new role, defender set for loan exit **** Callum Wilson showed remarkable mental strength to bounce back from two serious knee injuries in the space of just 16 months with the help of a reconditioning expert who has worked with Tiger Woods, Andy Murray and Peyton Manning. The Newcastle United striker went to see Bill Knowles in Philadelphia back in the summer of 2017 as he prepared to start running again after tearing the anterior cruciate ligament in his left knee during his spell at Bournemouth. Wilson, who had Bournemouth physio Jonny King for company, was so dedicated during the two-week training camp that he even missed the birth of his daughter, Orlagh, back in the UK. After previously tearing the anterior cruciate ligament in his right knee in 2015, Wilson has not suffered a similar injury since then and the 28-year-old follows his own bespoke routines before training and games. "Jonny King, the medical staff and the fitness coaches did a very good job in preparing for him to come see me and embracing a lot of the strategies that I recommended when he returned back to the club," Knowles told ChronicleLive. "It was a clear message that I gave to Callum that he had to stick to the fundamentals and stick to the basics. King, Knowles and Wilson "We always say that a knee injured athlete or a joint compromised athlete is always a joint compromised athlete and you must never forget that and you must continuously apply the methods that helped you come back throughout the week, throughout the month, throughout your career and if you do that continuously, you really reduce the risk of re-injury. "It's all performance-based anyway. You do it because it keeps you fast and explosive and, at the same time, reduces your risk of injury so, touch wood, he's doing those things and it's helping. "If he continues that methodology and continues that emphasis at Newcastle, he should be pretty fit." (CK)

Source = MetiNews.Com

This news 87 hits received.

North East UK news Blackstone Chambers confirmation after Newcastle takeover statement disappeared MetiNews.Com


North East UK news Blackstone Chambers confirmation after Newcastle takeover statement disappeared MetiNews.Com


North East UK news Blackstone Chambers confirmation after Newcastle takeover statement disappeared MetiNews.Com


North East UK news Blackstone Chambers confirmation after Newcastle takeover statement disappeared MetiNews.Com

COMMENTS

  • 0 Comment
Last News
MAY INTEREST YOU x
Cheshire news  The exact date Cheshire can expect snow this winter MetiNews.Com
Cheshire news The exact date Cheshire can expect snow this winter...
Berkshire news  Council hits out at plan to return Covid patients to care homes MetiNews.Com
Berkshire news Council hits out at plan to return Covid patients to...