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ALL NUFC and Sportwashing stuff in here. (Threads will be merged)

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In my head, you don’t invest in a football team to make money especially a club like Newcastle, who’s fan base are the most expectant in the world. If that PIF is primarily used to invest in companies such as Boeing to turn a profit, how are they expecting to do the same thing in the Premier League? Every club in that league is a money pit and both Man City and Chelsea’s owners have spent well over a £1 Billion with no where near the return, which leads me to think that they won’t invest as much in players as to what the Mags are hoping for. But like you said, it could go both ways and they might spunk a load of cash and hoping to white wash their human rights violations from people’s minds.
I'm trying to cut back but here's another long post warning :lol: Man City and Chelsea may have spent over that much but that doesn't mean they've got nowt left


Man City's owner paid £210 million and they're valued at nearly £3 billion now. Theire NET spend per season since 2008 is just over £650 million. Chelsea are at £3.2 billion now after being bought for £140 million. Their NET spend per season since 2003 is just over £700 million. I know the NET spend isn't to the £ but it's just to illustrate they also sell players now matter how many £100's of millions they spend. My point anyway is that both clubs owners would get a return if they sold up but they've also won a shit load of stuff to go with their investment. The huge difference now though is the Mag owners can't just throw £100's millions buying players so there's the first stumbling block.


While looking for those link I saw the Deloitte Football Money League Ranking. Notice Palace in relation to Leicester in revenue terms.


They were £10 million behind them in revenue in 2019/20 yet they're just ticking along with Leicester are spending a shit load chasing success. Some may said COVID etc but scroll down to 2017/18 and Palace are still £10m behind. Even in 2018/19 Palace were only £25m behind Leicester. The concern being is Leicester spending in recent seasons has gone daft and it may well be that it could turn ugly if they don't get Champions League and end up mid table.

The gap in revenue at the top from the big 6 to the rest is quite a leap. That's because the chunk of money the big clubs get is from the years of global exposure and constant Champions League generating more money through sponsors/merchandising etc along with the bigger gate revenue due to stupidly high ticket prices. There is no way the Mags can do what they did in the 90's and throw money about willy nilly for numerous reasons so how can they compete regularly enough to get the huge globally image that can demand the higher sponsor/merchandise sales/ticket prices?

One big to note is there wasn't 6 big money clubs back in the 90's along with 2 other clubs with 'potential' in West Ham/Everton and you can't forget Leicester who are spending a bit beyond their previous means. So that's 9 teams to compete with now yet in the 90's the extra money levelled the playing field a bit as suddenly teams had an influx of extra revenue to spend so gate receipts weren't as important. There isn't that luxury now of the level playing field and a load of space at the top for another team.

So for me, watching the Mags dream delusion about winning the league and buying Mbappe, Haaland etc etc is going to be more enjoyable when they win fuck all while signing cast offs or greedy mercanaries looking for a payday.

Aye they may win a cup eventually but look at the teams who've done that since they last won one? It's about time they eventually won one as they're 34th on this that even includes a League Two 2 club (@Swindon On Tour). Chances are it will have been bought if they suddenly improve the squad with those cast offs on big wages. But do the Saudi's even want to go down the road of throwing £100's millions at the club to possibly climb a few places up the league from 12th? I don't think they will though they may go all out for a cup to appease the fans and I've had that impression for a while now and before the takeover even happened.

I do think they'll go down the development route and the toon army may not be happy about if they get nowt in success return. I think Staveley is paying them a lip service with all this talk of winning the league etc and fans deserve it. If they don't climb up the table and get into Europe or win a cup then it could soon turn ugly when the reality kicks in as they're not the next Chelsea or Man City ;) There's already grumbling among the mags as they haven't got rid of Bruce as they can't see why they can't just sack him and go with Jones until the find a manager. I think he'll stay for a bit yet and a few managers/players will knock them back (see waffle link below).

If you're still looking to kill time until our match laterI posted another huge waffle yesterday as to why I think the Mags may struggle to attract players HERE and why I think we may end up enjoying this 'takeover' more than our neighbours.
 
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The way I feel about them has changed this last week. Before this I disliked them intensely but it was footy, local rivalry along with them being arrogant dickheads. Now somethings changed. After the way they’ve gone on dancing around with tea towels on their heeds, tying themselves in knots trying to justify and excuse welcoming murderers into their midst for a few extra points and some new players. People are dying in the most horrible ways imaginable they cant be brought back by replaying their lives on footy manager. They know this and they dont give a shite.I despise and detest them and everything associated with them with a passion. What they’ve done goes way beyond the accepted norms of human decency. This region has always been justifiably proud of helping others where possible or if not possible then do no harm. They are a f***ing disgrace. Every single one of the fuckers that are ok with this.

F**k Boris.
Just seems to make supporting Sunderland all the sweeter, no matter what.
 
Just a thought, but we seem to be the only supporter's pissing our knickers about something we have no control over.
Is this post pissing my knickers? 🤔


The short version of that post is that it's not the 90's and people need to realise that it's a far different and harder league and a shit load of money (if it's even spent on the Mags) won't mean success. I may well be pissing my knickers when the Mags realise they've been had and being the 'richest club in the world' means fuck all and they turn on the owners due to lack of success.

There's also the non football development side of things (Reuben brothers anyone?) as could they end up turning St James into flats/business ala Arsenal and redevelop land elsewhere with a new stadium being part of a larger complex? Man City have regenerated the areas but I saw this shared last week which is interesting. Only time will tell of course but I won't be surprised if the Mags get nowhere and have been used.


Given the partnership was supposed to be a 50/50 venture and involved these significant public contributions, it therefore seems extraordinary that from Manchester Life is flowing to Abu Dhabi via its Jersey-based holding company. The council response has been to offer some vague assurance of ‘longer-term profit sharing arrangements’. These details of the Manchester Life deal leave many in the city wondering why council leaders have allowed ADUG to extract so much from Manchester now and centuries into the future without the city acquiring significant financial benefit.

Despite promises of wider investment used to justify such partnerships, this may turn out to simply be allowing new forms of financial extraction through rent and real estate development across urban space, further exacerbating inequality and the housing crisis. The costs seem too high.
 
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  • I'm quite sick of the complaints from supporters. We've won the lottery, this is just a slight downside. You have to remember that we're only a week in, things will die down as long as KSA behave
  • George do you even know where the venture capital for the Athletic came from? Who are there partners, who invests in their partners, who else their funders invest in et etc...if you do then you have spent many many hours making sure they're all squeaky clean
  • With respect, I’m not sure how this has all become about Newcastle! PIF owns a stake in so many high profile companies worldwide. If anyone wants to take the moral high ground then they should boycott all of these businesses………as opposed to hitting an easy target!
  • Thats for governments to argue over not NUFC fans as if 300million football club can change things Load of jealousy shit stirring shit + we are owned by Consortium pif proved legally separate from saudi state
  • George you are ramming this down our throats like you own the moral high ground!And we are thick!Are you are shitting yourself to be publicly seen as happy the takeover is done,why not try and turn it into a positive to enact and implement change it wont get so many clicks tho
  • Why would you respectfully encourage people to look, you've been part of the Saudi pr team for months, you've put these people in control of your club mate you're an embarrassment and hypocrite.
 
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