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Saudi PIF in talks with potential investors

Wakoro said:
Their best course is to sell the mags back to Ashley and buy a big club like Spurs or Manchester United. They can build a new mag stadium and still not be able to raise the revenue enough to compete with the big clubs.

They could also look at buying Celtic or Rangers who will both be invited to the inevitable super league, where they will make a mint, and there are few clubs with bigger global followings (Celtic have over 10 million fans).

Newcastle was a terrible buy, both in terms of making money and gaining prestige for themselves.
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They'd sell at a decent profit now, so it wasn't that bad a buy. It's just that it's hit it's ceiling now and any attempts to smash through that will be throwing good money after bad.
 

Morse said:
They'd surely have to find another site, and as they can't build it on the town moor, it'll end up being outside the city somewhere.
Maybe Ponteland...
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Yeah put it next to the airport, be got handy for their trips to Milan……oh hold on a minute😂
Seaham Towny said:
When they were taken over and we were dicking about in League One a lot of us were, quite rightly, worried that ‘we’d lose a generation of fans to that lot’ etc etc.

Turns out that managing your club better rather than throwing cash at it is the way forward and it’s only took 5 years for us to get ahead of them.

And all they’ve got out of it, is a League Cup, a few games in the Champions League and all they’ve had to do is pretend they love being owned by despots.

Now the Saudi’s are struggling, trying to get investors to try and build a new ground but where? How long’s it going to take? And there’s speculation that all their best players want to bugger off

Genuinely this is the best case scenario we could’ve hoped for :lol:
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not spavin said:
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 than when they bought it, and if they can't find a buyer for both the club and stadium then it's arguably worth less.
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The value of the squad will have gone up a fair bit since then though
 
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My theory based on absolutely nowt:
Saudis don't want to pay for a new ground
They let it be known they want to sell a stake to fund the new ground, but stick a stupid valuation on it they know nobody will pay
They can sit comfortably knowing the gravy guzzlers will blame the lack of new ground on nobody meeting their overlords' valuation
 
Jambezz said:
My theory based on absolutely nowt:
Saudis don't want to pay for a new ground
They let it be known they want to sell a stake to fund the new ground, but stick a stupid valuation on it they know nobody will pay
They can sit comfortably knowing the gravy guzzlers will blame the lack of new ground on nobody meeting their overlords' valuation
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That's possible.

Other possibility is that they've established an outlandish valuation as the first step in a City-style financial doping project, with the new "investor" being a PIF shell company. In that instance they'll find a buyer miraculously quickly.
 
not spavin said:
I think it has roughly doubled (£240m ish to £480m ish), but they're all depreciating assets.

Any increase there is offset by the fact that the club no longer owns its own stadium.
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It's not a young squad that, on the whole, so amortisation will be a factor too. If the filthy murderous regime sold the scum off and they became strugglers / also rans again after the shite they've handed us this last 10 years or so, I think I might piss meself laughing on a daily basis. Imagine seeing them spiral to League One, tenants in their own hotchpotch stadium, with players of the calibre of Dylan McGeough turning out for them.

Apologies, I allowed my daydreaming to run away with me there... :)
 
Jambezz said:
My theory based on absolutely nowt:
Saudis don't want to pay for a new ground
They let it be known they want to sell a stake to fund the new ground, but stick a stupid valuation on it they know nobody will pay
They can sit comfortably knowing the gravy guzzlers will blame the lack of new ground on nobody meeting their overlords' valuation
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There is a big flaw in your theory. That being that it seems highly unlikely that MBS gives the slightest shit what the fans think.
not spavin said:
That's possible.

Other possibility is that they've established an outlandish valuation as the first step in a City-style financial doping project, with the new "investor" being a PIF shell company. In that instance they'll find a buyer miraculously quickly.
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Well it wouldn’t be a precedent for a ME owned club to find all kinds of dubious methods to get around financial rules.
 
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Seaham Towny said:
When they were taken over and we were dicking about in League One a lot of us were, quite rightly, worried that ‘we’d lose a generation of fans to that lot’ etc etc.

Turns out that managing your club better rather than throwing cash at it is the way forward and it’s only took 5 years for us to get ahead of them.

And all they’ve got out of it, is a League Cup, a few games in the Champions League and all they’ve had to do is pretend they love being owned by despots.

Now the Saudi’s are struggling, trying to get investors to try and build a new ground but where? How long’s it going to take? And there’s speculation that all their best players want to bugger off

Genuinely this is the best case scenario we could’ve hoped for :lol:
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Exactly

And the best the mags can hope for this season now is sneaking above us on the LAST day of the season. We’ve been pretty much above them for an entire season

Whatever happens at the weekend, at least we still have the chance of Europe… :lol:
 
Got to be up there the most underperforming team this season, considering an excellent last season winning first trophy in a very long time and qualifying for CL then improving the squad by spending 250 million most would of had them pushing on again in top 6 but they have had a absolute shocker.
Been left behind by the Man U, Villa, Bournemouth and Brighton.
Spurs and West Ham have just carried on with a relegation battle from last season so no surprise with them,
From being so good to a now average mid table plodders imo they have had worst season out of all the prem teams.
 
ChrisK said:
Got to be up there the most underperforming team this season, considering an excellent last season winning first trophy in a very long time and qualifying for CL then improving the squad by spending 250 million most would of had them pushing on again in top 6 but they have had a absolute shocker.
Been left behind by the Man U, Villa, Bournemouth and Brighton.
Spurs and West Ham have just carried on with a relegation battle from last season so no surprise with them,
From being so good to a now average mid table plodders imo they have had worst season out of all the prem teams.
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They are a team that can only play at 100% and to their own plan, they cannot adapt or fall even a little off the pace.
 
Mowgli said:
The article claims the club is worth £1.5bn, up from the £300m the Saudis paid.

Not sure about that like
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Probably just based off what the Saudis have put in. Whether they get a return depends on what someone is willing to pay.
 
My theory is that the Mag support have embarrassed his Excellency that much, from a fat lad getting noshed off in some foreign bog from a lass who was there with her dad while pissed, to videos going worldwide of women and children getting attacked and bottles thrown at them and bus windows being smashed outside of the Mosque on the mound, that he's said not another penny. Now there's a load of dissenting voices amongst their support he won't be happy with the ingrates.
 
APH said:
Probably just based off what the Saudis have put in. Whether they get a return depends on what someone is willing to pay.
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It is, they amount they (over)paid Mandy off with valued the club at £1 billion then they’re hoying £10s millions at it every year in share issues or whatever it is to balance the books.

“Austerity” I feel will be the buzz word around NUFC this transfer window
 
Trembaths Chippy said:
My theory is that the Mag support have embarrassed his Excellency that much, from a fat lad getting noshed off in some foreign bog from a lass who was there with her dad while pissed, to videos going worldwide of women and children getting attacked and bottles thrown at them and bus windows being smashed outside of the Mosque on the mound, that he's said not another penny. Now there's a load of dissenting voices amongst their support he won't be happy with the ingrates.
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Think that would have pleased him to be honest, considering they happily stot rocks off women and children!
 
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