Bernie being Investigated

[ATL11]

Just breaking on Sky News, something about his sale of F1 in Germany?

State prosectutors want to interview Bernie on the F1 sale in 2006. In January this year a banker involved in sale was arrested in Munich, confirmed he received a $50m bung to assist the sale.

Of course there are no insinuation that Bernie is involved, just he needs to be interviewed.

 

[Chad Stewarthill]

Pitpass.com ran this article a few days ago about Bernie allegedly hiring a German lawyer, which seems connected:

http://www.pitpass.com/fes_php/pitpass_news_item.php?fes_art_id=43078

 

[sportsman]

Nothing of any consequence.Naturally the police would want to talk to Bernie as he was involved in the transaction.
But he is not really involved in the investigation.The police are just carrying out routine procedures.

 

[Galahad]

This has been rumbling on for a few months.

http://joesaward.wordpress.com/2011/01/07/gribkowsky-cvc-and-the-future-of-f1/

 

[teabagyokel]

http://news.bbc.co.uk/sport1/hi/formula_one/13132843.stm

Apparently someone was bribed to sell the marketing rights of F1 to CVC...!

 

[Enja]

http://news.bbc.co.uk/sport1/hi/formula_one/13132843.stm

Apparently someone was bribed to sell the marketing rights of F1 to CVC...!

Can't think who that might have been!

Interesting use of words I thought :

exonerated of blame for any wrongdoing."

Shouldn't he want to be exonerated of any wrongdoing rather than being cleared of blame?

Just me?

 

[sportsman]

The details, maybe?

http://www.pitpass.com/fes_php/pitpass_news_item.php?fes_art_id=43383

 

[teabagyokel]

The plot thickens somewhat! Is he in the firing line?

Lets hope I don't get sued!

 

[Jen]

Not a surprise really.

One thing that bothered me:
"Gribkowsky, a former chief risk officer for state-owned BayernLB, was arrested in January and remains in a Munich jail awaiting a decision by the prosecutor about whether to press charges"

I believe we can't keep anyone in jail for that long without charging them - whatever they are accused of!

 

[EvilWhippet]

Berine Ecclestone isn't trustworthy!??

It's time comrades...time we all got up, went to our windows, opened them up and stuck our heads out then shouted, "I'm not surprised really, thanks for your attention!"

 

[Chad Stewarthill]

Surprise surprise, I'm not surprised.
You don't hire a German lawyer for nothing:

http://cliptheapex.com/threads/bernie-being-investigated.2283/#post-38336

 

[sportsman]

My opinion has not changed.
I don't think that Bernie is anything more than a witness.Obviously he would be interviewed as he was involved in the transaction.
non new news IMOP.Aunty beeb late to the party as usual.

Why have we got a new thread on the same subject.?

 

[sportsman]

Hmmm wonder if its related to this in any way.Some one turned some stones over.

http://www.guardian.co.uk/media/2011/apr/19/formula-one-takeover-talks-murdoch
Rupert Murdoch's News Corp is in talks with Carlos Slim, said to be the world's richest man, about making a joint bid for the control of Formula One motor racing – one of the few major commercial sports in which it has yet to gain a foothold.
The bid was, according to Sky News, in the early stages, with News Corp in talks about forming a consortium that would include the Mexican billionaire.
It would also be the first time that the global media group, which currently owns the rights to most live Premier League football, had taken over an entire sport and could be a major blow for the BBC.
The BBC counts F1 as the last major sport – unprotected by legislation governing its broadcast – over which it has sole broadcasting rights in the UK.
It secured the television rights to show Formula One in the UK from the 2009 season as part of a five-year deal covering all platforms and can broadcast F1 on the BBC Sport website as well as on TV and radio. However, senior managers have questioned whether the £40m a year cost of the contract is worth it at a time the BBC needs to make savin

 

[Speshal]

I've merged these threads as they seem to be covering the same subject

 

[RickD]

God no, don't sell it to Murdoch as that really would be the death knell for F1. Look at what happened to A1GP..

 

[sobriety]

If F1 went to sky sports I wouldn't be watching it, as I just couldn't justify the cost of the sky sports channels for a single event

 

[Galahad]

News Corp?! Oh no! Maybe CVC aren't so bad after all.

Or maybe that's what they want us to think...hmmm

 

[LewisWDC11]

Ha. A joke or what....

Sky would be so biased in what they say if they held the rights of F1.

Personally I have Sky already mainly because of Sky Sports, but for F1 I dont think so... BBC and ITV are better ideas as they provide a better platform, service, and coverage to a wider range of people.

 

[sportsman]

http://www.pitpass.com/fes_php/pitpass_news_item.php?fes_art_id=43430

I can't copy and paste from this site.
However the last paragraph is revealing. Something or someone raised this issue.
The most likely thing to have caused that would be a "due diligence" study carried out by a prospective buyer.

 

[MCLS]

I would rather it go back to ITV than go to Sky