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PIF sports funding


Im wrang oni said:
European Super League is where the income streams PIF want come from. They'll be looking for a place the next time that rears its head. Of course they bring absolutely nothing to that scenario as a brand/club but money will talk, Reckon they'll stick around until there's no possibility of it happening.
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They want Saudi clubs to be allowed into champs league. They would much rather have that happen.
robbied2 said:
The super league is never going to happen.
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Yep. Much more chance of CL being expanded.
 
APH said:
The reason I've had from mags as to why they'll still be part of PIFs plans is that they make money whereas LIV didn't.

From what I can tell they've required a few cash injections just to balance the books and the recent stadium sale is another example of this, they're not making money either.
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That's utterly mental. They are being paid over the odds sponsorship money by two companies also ultimately owned by the same royal family, and they "sold" their stadium to a third. If they are showing a profit in their accounts it is a mirage conjured from related party transactions.
 
Saudi's withdrawing from Golf entirely and scaling back on all overseas investments, be it sport or otherwise. Their government has just recorded an $80B annual budget deficit, losing a few billion on golf is clearly now totally unacceptable. Given the bigger geo-political situation as well as the myriad of costly infrastructure and major project commitments in Saudi. Additional to the need to keep their own youthful population entertained locally with F1 and boxing etc. Are PIF likely to spend / commit to the £2-3B required for a new stadium in some far flung backwards outpost, with little to no financial return and nothing added to the social and cultural dividend of Saudi's own people.

Under various freedom of information requests NCC confirmed fairly recently that they have not received any planning applications from nufc. Based on the size of the backlash against the leazes park idea it wouldn't look anything like plain sailing to get it done. Theres an online petition supporting the protection of the park and opposing the prospect of it being bulldozed with around 30,000 signatures, the pro stadium petition has 4,000.

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Hot Since 82 said:
Saudi's withdrawing from Golf entirely and scaling back on all overseas investments, be it sport or otherwise. Their government has just recorded an $80B annual budget deficit, losing a few billion on golf is clearly now totally unacceptable. Given the bigger geo-political situation as well as the myriad of costly infrastructure and major project commitments in Saudi. Additional to the need to keep their own youthful population entertained locally with F1 and boxing etc. Are PIF likely to spend / commit to the £2-3B required for a new stadium in some far flung backwards outpost, with little to no financial return and nothing added to the social and cultural dividend of Saudi's own people.

Under various freedom of information requests NCC confirmed fairly recently that they have not received any planning applications from nufc. Based on the size of the backlash against the leazes park idea it wouldn't look anything like plain sailing to get it done. Theres an online petition supporting the protection of the park and opposing the prospect of it being bulldozed with around 30,000 signatures, the pro stadium petition has 4,000.

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Urr nurrr where did the funding gurrr?
 
I think the biggest risk for the Mags is if PIF decide that a club like Atletico is a more desirable horse to back. They would likely be seen as having more exposure and probability of success. PIF would like the fact they won't need to be sorting out the issues in senior management and recruitment that the Mags have now too. Those personnel require attention to detail not just money and I just don't think that is PIF's thing.

In addition to taking some of PIF's focus and funds away from NUFC, UEFA rules on multi club ownership mean there would be an active incentive NOT to pour money into the Mags.
 
hank evans said:
Urr nurrr where did the funding gurrr?
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Poetic justice if PIF stay but just run the club like Ashley was trying. Likelihood is they'd make a mess of it. As others have pointed out they're set up to be crippled with indecision. No such issues under Ashley, there were only about 3 people working at the club in the entire management team.
 
Im wrang oni said:
European Super League is where the income streams PIF want come from. They'll be looking for a place the next time that rears its head. Of course they bring absolutely nothing to that scenario as a brand/club but money will talk, Reckon they'll stick around until there's no possibility of it happening.
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Redandwhitedust said:
Im not convinced
Even if a European Super League comes along, theyd have to have a side that is good enough to be considered. That side isnt likely to be Newcastle anytime soon.

Of course money might get them in but theyd need huge investment to be anything but a whipping boy

So theyve either got to throw money at them now and build them up on the off chance the ESL comes along (which may or may not happen) or they fund the ESL themselves wkth something like LIVfootball which is equally unlikely


Or more realistically, they buy into a European club that would qualify for an ESL place should it come along
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The ESL isn't happening as UEFA will just modify the Champions League again. At the minute most of the big clubs are getting the biggest chunk of the Champions League money as that "Value Pillar" using a co-efficient allows them to miss a season or even 2 but still get paid more prize money that a team in it for just a single season.

I still think that was the plan for PIF in the early days when they were looking for a PL team as it was 2018 when they first looked at the mags. They will have known that the ESL would have brought in £billions of revenue and in time more than PL & CL combined given it would be the biggest teams in Europe with all the World's best players in a single league.

With the backing of PIF a club would certainly get an invite to the ESL but it didn't happen and it's hoyed a huge spanner in the works. If the ESL had happened they'd have started with a £300m club and been into the £billions in time that's for sure. The ESL died but what made it even worse was all the rule changes since 2021 to stop rich owners just throwing money to buy success and potentially leaving a club in the shit if it doesn't pay off. That means they've got to do it the hard way, via winning things and getting regular CL footy.

The problem is with the Premier League that there's usually only 4 CL places but 6 'big' teams competing for them. In recent seasons the mags and Villa have broken into it but it's been helped by some of the big 6 clubs having bad seasons. Man Utd seem to have recovered and Chelsea will in time but Spurs at the moment could mean it's 5 teams going for 5 places. If they stay up they could well bounce back given the revenue they generate.

The mags can't do that as they get £200m less a season and without sustained success they won't bridge the financial revenue gap either. They're chasing the impossible dream as Leicester found out and in time they will fail and revert back to type.

I said in another thread, I think they'll maximise them revenue wise and jump ship to get a return on investment. As @Redandwhitedust mentions, if they sell the mags they could well look at another club in Europe that has 'easier' access to a CL place every season but hasn't yet grown to the global brand like one of the top clubs but certainly has potential.

Sassanach said:
I think the biggest risk for the Mags is if PIF decide that a club like Atletico is a more desirable horse to back. They would likely be seen as having more exposure and probability of success. PIF would like the fact they won't need to be sorting out the issues in senior management and recruitment that the Mags have now too. Those personnel require attention to detail not just money and I just don't think that is PIF's thing.

In addition to taking some of PIF's focus and funds away from NUFC, UEFA rules on multi club ownership mean there would be an active incentive NOT to pour money into the Mags.
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Atletico Madrid is exactly who I thought of when writing the last paragraph in my post above.
 
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