Another shareholder building a stadium means the club won’t own it.
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Saudi PIF in talks with potential investors
- Thread starter Mowgli
- Start date
Luna17
Striker
TBF ( and I don't want to be) , the war must be badly affecting them. It's knacked the UAE, and the heeed choppers must be affected pretty badly too.
Rocky77
Winger
Been made redundant
one footed wonder
Striker
Just waiting to get the plans cleared then he’ll be digging the foundations with Ronaldo pouring the concrete
cosmicchris00
Striker
Zidane
Striker
PIF are at at point where they have to decide whether to bail out now or they are in it for a very long time.
If the stadium is 1bn and I'll guess a new training ground is £200m, then you dont build those and then sell the club two years later.
They are valued at around £750m to 1bn now depending on who you believe. They paid a total of 370m to buy it. Theyll have spent a fair bit but if they sold it now they probably won't lose that much overall.
I would have thought right about now would be a good time for them to sell if money is getting tight in Saudi. Maybe they want to get the new stadium to planning permission stage to maximise sale value and hassle factor for new owners.
If the stadium is 1bn and I'll guess a new training ground is £200m, then you dont build those and then sell the club two years later.
They are valued at around £750m to 1bn now depending on who you believe. They paid a total of 370m to buy it. Theyll have spent a fair bit but if they sold it now they probably won't lose that much overall.
I would have thought right about now would be a good time for them to sell if money is getting tight in Saudi. Maybe they want to get the new stadium to planning permission stage to maximise sale value and hassle factor for new owners.
Looks like a few tins of paint from B&Q instead
tony_not_in_london
Midfield
They are trying this at Fiorentina- and its a complete mess
Do you know
1. They are keeping him?
2. The reason is ££&?
3. Their contracts require a 2 year pay-off?
Roker Mackem
Striker
Why would the World cup matter? Theyve won it now.
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Others are just posting cash emojis
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Wearside Wanderer II
Striker
Richest club in the world getting a handout.
Absolute morons being mugged off, delicious
Absolute morons being mugged off, delicious
Church
Striker
It's really funny. Every 18 months someone in the club gets to ask ChatGpt to 'design a new stadium' and release it to the masses to get them back on side. Still no idea where it will go, no idea about paying for it, just more nice pictures of something they wont be getting. If this was Ashley they'd say he was trolling them, but they don't want to admit that Pif really aren't arsed any more.
Not quite in the city centre like SJP, and the mess is largely down to typical Italian chaos on projects like this (funding/construction issues/delays) and nothing really to do with location.
not spavin
Full Back
The Man City ruling is going to have a massive impact here I reckon.
If City are let off the hook, that'll be a green light for the Saudis to start bending all sorts of rules.
And if they're not, Newcastle are left in a situation where the incentive for PIF to keep going has gone, and a sale could see the club and stadium owned by different entities. The market value of the stadium is less than £150m - could be a real money spinner for some unscrupulous developer who rents it to the new owners at an exorbitant rate. The possibility of that happening could seriously impact the asking price of the club too, making it available to all manner of vulture funds.
If City are let off the hook, that'll be a green light for the Saudis to start bending all sorts of rules.
And if they're not, Newcastle are left in a situation where the incentive for PIF to keep going has gone, and a sale could see the club and stadium owned by different entities. The market value of the stadium is less than £150m - could be a real money spinner for some unscrupulous developer who rents it to the new owners at an exorbitant rate. The possibility of that happening could seriously impact the asking price of the club too, making it available to all manner of vulture funds.
forever changes
Striker
Bring back wor Queen 
…….. er ner she hasn’t got a pot to piss in
…….. er ner she hasn’t got a pot to piss in
ClassicDom
Winger
Why would they need investors when they’re the richest club in the world?Why would the World cup matter? Theyve won it now.
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Others are just posting cash emojis
not spavin
Full Back
I've seen that £1bn valuation elsewhere - what's it based on?
£370m bought a bottom-half Premier League team in 2021. In 2026 they're a bottom-half Premier League team with no stadium, now in a league with tight spending restrictions. All of their investment to date has been on players, and is therefore loss-making.
There are no Russians or Emiratis buying clubs anymore, and something like 2/3rds of VC money is now spent on AI projects. I'm not sure the club is worth any more today then when they bought it, and if they can't find a buyer for both the club and stadium then it's arguably worth less.
The Man City ruling will be relevant I agree, though I suspect whatever the outcome it might lead to further tightening of rules, rather than opening up a free-for-all for those willing to bend them. Also, one feature of the PIF ownership up the road is that they don't seem to be willing to bend the financial rules like others have: I'm assuming they don't want their sportswashing to be visibly tarnished, otherwise what's the point of it. Plus if they do want to sell the club, they don't want any potential case against them hanging over a deal.
