NUFC Sportswashing 2022

[OzzyMac]

Theres something not right, though I have to say I am not an expert.


So ok, if the position of AS becomes untenable, and she is no longer prepared to invest/loan money to maintain her share, then what?
The Saudis "buy her out" (which if they loaned the money means she owes them some of it, but is no longer involved?).
The Saudis can afford to lose out on NUFC, I doubt she can. The whole set up is nothing short of bizarre, given that it has been AS who was desperate to buy the club, first with the other Saudis, and now PiF. At one point I thought she was on the payroll of Mike Ashley such was the way she was trying to find a buyer!

Football economics genuinely baffle me.

Wouldn't surprise me in the slightest if Ashley has lent her the money amd will buy it back for a pittance when the Saudis lose interest

 

[Dilligaf60]

You see I like this forum, I'm a Mag never hid it as I'm not that sad, but. Literally any fanbase post takeover could be called the same, its not inclusive. Zero class or sense ha.

Remember when the Dell takeover was happening? If you don't I can link you to the posts which, literally say the same sort of shit.

It works both ways, we've got plenty of knaka's 'supporting' our respective clubs.

Dont recall Dell cutting folks heeds off or bombing school kids.

 

[Deleted member 1169]

Theres something not right, though I have to say I am not an expert.


So ok, if the position of AS becomes untenable, and she is no longer prepared to invest/loan money to maintain her share, then what?
The Saudis "buy her out" (which if they loaned the money means she owes them some of it, but is no longer involved?).
The Saudis can afford to lose out on NUFC, I doubt she can. The whole set up is nothing short of bizarre, given that it has been AS who was desperate to buy the club, first with the other Saudis, and now PiF. At one point I thought she was on the payroll of Mike Ashley such was the way she was trying to find a buyer!

Football economics genuinely baffle me.

Her share gets diluted so ultimately if they sold for 1bn or were valued at 1bn at PIF bought her out she would be due 100m. But she has already put in 30+3.9 and to get to 1bn they would need to put in 150m in each of the next five or so windows (5 x 15m for AS) plus the training ground. Spending those amounts of money is not unrealistic and their is a ceiling price on the club.

 

[Dilligaf60]

They are the best fans, I mean look how much they've suffered under cruel Mike Ashley and stuck by their team, SAFC have had it easy compared to them

Tyrant innit bruv

I know a few have mentioned what may happen if the murderers get bored. Wouldn't it be funny if they were given to the Yemeni government as part of a reconciliation

Don’t you think they’ve suffered enough? War, famine, poisoned water supplies, country in ruins, and then you have the mags dumped on them.

 

[JL1985]

It says lot about Newcastle United and their fan base that such a despicable regime chose them.

 

[Dilligaf60]

There would be the mother of all meltdowns. It would break them.

In the Saudi takeover, they got the money behind them they always wanted. If its not spent, or if its spent badly and subsequently dries up, there is basically no one richer likely to buy them. Yes there are richer people out there, but the odds on them buying football clubs is low. It will be even lower if the Saudi millions don't radically improve the club through solid investment.

Simple fact is, the new owners HAVE to get this right in my opinion. If they don't they could potentially ruin the club and its fans. Mike Ashley may have been many things, but he was a good businessman who built a business that could be sold. If PIF blow millions on this and it doesn't work, who is going to take a punt on them?

They'd probably go from "Riches to rags" over night and the fanbase would be broken. I genuinely think it would destroy most of the fanbase if after all the hype, and all the money. they were still a non-entity in football, and now owned by someone with less ability to deliver. Or worse, kept in that limbo, owned by a PiF that they revered, who simply didnt care anymore.

Bring it on.

I thought he meant Dick

In this case they are interchangeable mate

You're a good poster. Same as that Proffesor bloke. Dont like who has took over that's obvious. Personally I could not support the club. That's the truth . Possibly down to my absolute dislike of the middle east in general.

You’re right about this lad, and the professor. But there is something they can do. Either stop going, or go and campaign as they did against the evil monstrous tyrannical Ashley.

 

[Brian Griffin]

Eriksen.

 

[Redandwhitedust]

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Mental cases these fuckers. I hope he does weigh in as DOF. He's shite

Poor Rafa.
Forced out of a club and into a £6m job he failed at.
Then given a chance at Everton, where he failed, but it was someone elses fault.

Thats the problem with Newcastle fans. They back themselves so far into a corner, that the only way out is a Trump style "deny everything baldrick" approach.
Rafa did a less than mediocre job at Newcastle. But they hyped him up so much. they hyped up his "project" that any failure could not possibly be his. He was then moved on, to a job in China on a good payday. But they'd hyped him up so much, they couldn't possibly criticise him for moving for money, so "Ashley forced him out" became the mantra.

Now he's gone to Everton and they cant possibly acccept that after all the hype hes failed a THIRD time to live up to the image they created for him. But rather than accept he's not the manager they built him up to be/is a dinosaur..... its easier to yet again blame someone else.


Its cult idol worship at its worst

 

[Market Where?]

Essentially if the price was 300m, PIF put in 240m and JR/AS 30m each. They already made a statement about putting 39m of working capital to cover Bruce severance and potentially buying a manager out of contract. On the assumption that the split is still 80:10:10 then JR/AS will have put a further3.9m in. I don't have many ITK contacts but I am reliably informed PIF are loaning AS this, which is perfectly legal. You can see why as she is the public face and serves a purpose. If they, say put a further 150m in and AS and JR don't put the 15m in then the split goes down to 7.8/7.8 & 84.4%. Then if the put in another 280m next season the split goes down to 5/5/95.

You could argue that it is pointless AS and JR being involved if each year they need to put in 15m/20m to maintain the 10% stake. Obviously they all hope their is some huge sponsorship deal but when you are talking about 30m plus 4 x 150 k p/w for Trippier you realise that won't touch the sides. If they do stay involved this points to a sale down the line. The club were bough for less than 2 x earnings whereas the top Prem teams are valued at between 4-6 x earnings.

But they are light years away from the other teams:

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So to say double earnings to the level of Arsenal (c350m) and sell for 3-4 x that at say 1bn would need a huge expenditure on players, a new stadium, a new training ground....Besides a new buyer is going to see through any rise in revenue if it purely came from a big Saudi sponsor who could walk away.

I am 100% certain there is a twist in the tail here.

I think the plan is to get the fans on side thereby removing the risk of fan protest and revolt which will have reduced the value of the club, quickly increase revenue by replacing all Sports Direct branding. That should increase value of club by 150- 200 million fairly quickly for a quick onwards sale. Problem the have is a possible relegation and can’t afford to invest massively if the finances are to work. should they get relegated then spend 50-70 to get them back and still make 100 m profit.

 

[Dilligaf60]

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MBS - "Stop mentioning me murdering that journalist on your soil". He is a classy chap.

I hope the murdering bastard realises it’s not going away. Even more so now he’s bought a footy club, as irrelevant and obscure as it is it’s still in the premier league. Now the media in this country may be running scared but that’s not the case everywhere. Hacking people to death is obviously fine in his country but it’s not widely accepted elsewhere.

Erdogan said he plans to visit Saudi Arabia next month after bin Salman reportedly invited him.

I think I’d pass on that invite.

Me n you both.

 

[Sons of The Wear]

Cutting through all the talk about NUFC ownership, do any legal bods on here think that it’ll be ultimately possible that it could be proved that they are owned by a State, ie Saudi Arabia?

Staveley and her partner and Jamie Reuben are clearly ‘fronts’ for an immoral regime and an unethical takeover which stinks to high heaven.

Are they here to stay or could they be sent packing?

 

[Redandwhitedust]

Her share gets diluted so ultimately if they sold for 1bn or were valued at 1bn at PIF bought her out she would be due 100m. But she has already put in 30+3.9 and to get to 1bn they would need to put in 150m in each of the next five or so windows (5 x 15m for AS) plus the training ground. Spending those amounts of money is not unrealistic and their is a ceiling price on the club.

In other words, this has to work for AS. If it doesn't, and if PiF as the controlling share loses interest, she's absolutely knackered.

Sounds like she is gambling big time on PiF wanting to throw money at this, and building up the club quickly for a profit so she can pay money back and come out with a profit longer term. Really strange investment.... because lets not pretend she is doing this for the "love of the club"

 

[JL1985]

Cutting through all the talk about NUFC ownership, do any legal bods on here think that it’ll be ultimately possible that it could be proved that they are owned by a State, ie Saudi Arabia?

Staveley and her partner and Jamie Reuben are clearly ‘fronts’ for an immoral regime and an unethical takeover which stinks to high heaven.

Are they here to stay or could they be sent packing?

The PL won’t investigate it now in my opinion. It will make them look extremely foolish for approving it in the first place. Added to that they would then have to punish Newcastle and that would open up a whole world of shit for years.

 

[Market Where?]

Wouldn't surprise me in the slightest if Ashley has lent her the money amd will buy it back for a pittance when the Saudis lose interest

Love it if he has inserted a first refusal clause at 250 million.

 

[Dilligaf60]

Don’t see how it could work anyway seeing as the FSW is defensive as can be and Beheaddo loves reckless attacking and letting in loads of goals

Recipe for disaster. Make it so.

 

[Sons of The Wear]

The PL won’t investigate it now in my opinion. It will make them look extremely foolish for approving it in the first place. Added to that they would then have to punish Newcastle and that would open up a whole world of shit for years.

Not talking about the PL as such. Being owned by a state is illegal. The whole thing is a deceptive, immoral shit show in the opinion of most people connected with the game.

 

[Redandwhitedust]

Wouldn't surprise me in the slightest if Ashley has lent her the money amd will buy it back for a pittance when the Saudis lose interest

Didn't someone post something here from Companies House suggesting that St James Park Holdings had loaned her money? I dont remember the details

 

[Deleted member 1169]

Cutting through all the talk about NUFC ownership, do any legal bods on here think that it’ll be ultimately possible that it could be proved that they are owned by a State, ie Saudi Arabia?

Staveley and her partner and Jamie Reuben are clearly ‘fronts’ for an immoral regime and an unethical takeover which stinks to high heaven.

Are they here to stay or could they be sent packing?

They (KSA) issued a royal decree right at the start of the takeover stating separation of PIF and KSA. The fact that MBS gave a 30 minute video on the five year plan and that the KSA gave PIF 40bn of FX reserves and their Aramco shares seems to have been overlooked. That ship has sailed. As posted above the interesting angle is where do AS/JR fit in the future plans. JR is no fool - why would he annually stump up 15m just to remain a minority shareholder if there was no exit strategy.

 

[Dilligaf60]

It says lot about Newcastle United and their fan base that such a despicable regime chose them.

Chosen carefully as they knew they had the neediest, most desperate fan base who would accept anyone and anything for the prospect of money being spent, and not give a stuff about the atrocities

 

[Market Where?]

Cutting through all the talk about NUFC ownership, do any legal bods on here think that it’ll be ultimately possible that it could be proved that they are owned by a State, ie Saudi Arabia?

Staveley and her partner and Jamie Reuben are clearly ‘fronts’ for an immoral regime and an unethical takeover which stinks to high heaven.

Are they here to stay or could they be sent packing?

What happens if they get relegated and the EFL ask for proof that they are not owned by the state?