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March to June 2020 - NEWCASTLE UTD fc

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Bear said:
Strange why the takeover is both the Saudis and the Reubens if the Saudis truly mean business they would've just flung the cash at Ashley ages ago with no other people as part of a takeover

If the Arabs get blocked from being part of it can see these Rueben Bros running a mile
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They're skint now as they've spent in on summit else ;):lol:

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Saudi Arabia's sovereign wealth fund has invested billions of dollars in stake purchases in major US companies in sectors spanning from aerospace to entertainment that include Boeing, Disney and Facebook, according to a filing to the US Securities and Exchange Commission (SEC).

The Public Investment Fund (PIF) said it bought a $713.7 million stake in Boeing, $495.8m holding in Disney and $521.9m in Facebook stock in the first quarter of 2020, according to a May 15 quarterly disclosure on the SEC.

The sovereign wealth fund also disclosed an $827.7m investment in British oil giant BP via American Depository Receipts (ADRs) listed in the US, $487.6m in Bank of America and $522m in Citigroup.

The fund, which manages about $320bn of assets, has previously and picked up stakes in Uber Technologies, Tesla and SoftBank Group's Vision Fund to expand its global portfolio.

PIF began snapping up more minority stakes in international companies during the first three months of the year as the coronavirus pandemic disrupted global business, sunk stock prices and forced companies to sell debt. The investment in some of the biggest names of the US corporate world is a bet that they have the potential to generate returns in the long-term and drive Saudi Arabia's economic growth.
 
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MackemX said:
They're skint now as they've spent in on summit else ;):lol:

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Saudi Arabia's sovereign wealth fund has invested billions of dollars in stake purchases in major US companies in sectors spanning from aerospace to entertainment that include Boeing, Disney and Facebook, according to a filing to the US Securities and Exchange Commission (SEC).

The Public Investment Fund (PIF) said it bought a $713.7 million stake in Boeing, $495.8m holding in Disney and $521.9m in Facebook stock in the first quarter of 2020, according to a May 15 quarterly disclosure on the SEC.

The sovereign wealth fund also disclosed an $827.7m investment in British oil giant BP via American Depository Receipts (ADRs) listed in the US, $487.6m in Bank of America and $522m in Citigroup.

The fund, which manages about $320bn of assets, has previously and picked up stakes in Uber Technologies, Tesla and SoftBank Group's Vision Fund to expand its global portfolio.

PIF began snapping up more minority stakes in international companies during the first three months of the year as the coronavirus pandemic disrupted global business, sunk stock prices and forced companies to sell debt. The investment in some of the biggest names of the US corporate world is a bet that they have the potential to generate returns in the long-term and drive Saudi Arabia's economic growth.
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Yet struggled to get a deal done for the mags over how many month :lol: :lol: :lol: :lol:

No doubt of their wealth but I think the media and mags have gone a bit over the top with players they'd get. Looks more like they're in it to help out Staveley more than anything its her that wants NUFC
 
Bear said:
Yet struggled to get a deal done for the mags over how many month :lol: :lol: :lol: :lol:

No doubt of their wealth but I think the media and mags have gone a bit over the top with players they'd get. Looks more like they're in it to help out Staveley more than anything its her that wants NUFC
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does anyone think this may turn out to be more haste than its worth? I mean I know they are desperate for Ashley out and are desperate for Arabs to chuck money about but they will also be dragged through a bottomless pit of absolute shitstorm.
 
Bear said:
Yet struggled to get a deal done for the mags over how many month :lol: :lol: :lol: :lol:

No doubt of their wealth but I think the media and mags have gone a bit over the top with players they'd get. Looks more like they're in it to help out Staveley more than anything its her that wants NUFC
Click to expand...
I haven't really followed footy since it stopped and I post here and then noticed I got this email just after 7pm today :lol:

Saudi Aramco Crude Oil Company.
P.O. Box 5000. Dhahran 31311,
Dhahran-Saudi Arabia.

Hello,

I have a legit and genuine lucrative business deal to discuss with you.
Can i trust you to be a sincere partner to handle the business?
For more information reply back.

Regards,

Mrs.Reem Nasser,
Sales/Marketing Manager
Saudi Aramco Crude Oil Company

It seems PIF are also involved with Aramco so I wonder what genuine lucrative business deal they want to discuss? :lol::lol:

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The $300 billion Saudi sovereign-wealth fund is controlled by Prince Mohammed and run by Yasir al-Rumayyan -- who is also chairman of majority-state-owned Saudi Aramco. On Monday the fund disclosed an 8.2% stake in Carnival Corp., the world's largest cruise operator, whose shares have dropped more than 75% this year.
 
I know our deal was to be done before the end of the month, but circumstances have changed, but not as bad as the scum deal up the road.
Not ganna happen like they think it will.
 
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