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PIF sports funding


CheersMarra84 said:
If they were genuinely interested in becoming a force in world football, they wouldn’t have went with the cheap option of buying the Mag, they would’ve pursued one of the top clubs or laid down the infrastructure like City’s owners. They wanted a foot in the door to get the World Cup and that was it.
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This 👆🏻 👆🏻 👆🏻 👆🏻

I'd be amazed if they aren't looking to buy Spuds IF/WHEN they get relegated AND they can get a decent payday from selling the mags.
 
Redandwhitedust said:
Does PSR apply in the championship?

Only issue might be Spurs large Jewish fanbase might not be as easy to cuck as the mags
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They're already in bed with the Reuben brothers, who continue to buy up properties across Newcastle, so I'm sure the promise of getting them "back where they belong" would help ease religious matters. Plus are they not 'bessie mates' with Israel, compared to almost all of the rest of the region?

Autocratic dictatorships with apartheid systems of authoritarian social control only difference is the Saudis don't have a glass of wine with their lamb shish.
 
DonaldDownTheWing said:
Going from one delusional fanbase to another, who both have ideas way above their station.
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Nice stadium though, in that there London.

Nice meal, wives go shopping in that there 'Arrods, watch the game in an air conditioned box, watch the execution of that week's coach, jump into the Gulfstream and be back home in time for dinner
 
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Diamond Eyes said:
That was the new chief executive, David Hopkinson. Means nothing really. And he’s probably never even met the Saudis.
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Strikes me as a bit of a spoofer.

This was the photo he used when announcing his appointment.
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And this is what he actually looks like.
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The original photo must've been taken in the 80s.
 
ATTACK ATTACK ATTACK said:
That's a good point and I hoyed this in a thread in another forum so will Thor it below with a bit more as I think it's a few things.

I've said #1 and #2 below a few times on here as I think that's one of the main factors that this is probably a failed project. The Saudis look at buying the mags way back in 2018 but since the takeover in 2021, things haven't gone to plan for the Saudis and Newcastle and it's clear they've reigned back on the initial investment.

1. Back in 2018, The European Super League was bubbling and no doubt behind the scenes some knew it would raise it's head at some point. If it happened then there was potentially £billions in revenue to be split between teams and Saudis will have wanted a seat at the table. They would have been guaranteed a place given the financial backing would have been there from PIF. The ESL died a death when the Champions League format changed and made it easier for top teams to progress to the knockout. They also brought in a "Value Pillar" to ensure top clubs get a bigger share of the prize money compared to team being in CL for the 1st time.

2. They thought they could pump money into the club ala Man City, albiet not as sneakily but UEFA/PL rules soon changed to hamper that. They also didn't take full advantage of that, possibly due to #1 above. They've self funded in a way with Sela and Noon so this isn't a return on investment, nor would a non related Saudi sponsor pay as much as they are.

3. Main priority targeted players didn't jump at the chance of 'the project' last season, even though they'd got Champions League for a 2nd time. How can they strengthen a squad to compete at the top when top players won't come? They can't even get them to come when offering higher wages as no doubt location is also an issue they face. The mags are still a stepping stone for players to go onto bigger and better things at top clubs like selling Isak and now having to sell some of their best players this coming summer. Last summer clearly showed that spending big money on players can be very costly and given their revenue they can't afford to buy duds like top teams can.

4. The stadium issue as it would cost huge money to build on top of the complications regarding location. It's also dragged on so long that would they really invest in it now given they're just another mid table team again? Spending £billions on a new stadium does mean guaranteed success, see Spurs failings in recent seasons as to why. The mags don't have the revenue to rebuild a squad like Spurs already do so they're forced to sell players to generate revenue, nor do the mags quite have the pull like Spurs do (even if they're a mess at the moment).

5. The global reach growth of Newcastle is still massively behind other top clubs in Europe and it would take years of success to close that, which isn't going to happen so they would never close that commercial/merchandise gap. They may think they're big but globally they will be nowhere near as millions turn on the TV to watch the top clubs and want to win the Premier League and Champions League. Unless they self fund certain sponsors/ads then they won't get the big money top clubs can demand as there simply isn't enough eyes on the club around the world.

Even so, I think the ESL was the biggest spanner in the works as that happened right at the start. If that had appeared then they'd be in the process of building a £2 billion stadium as a league with the biggest teams in Europe containing the best players in the world would have been massive. The money it could have generated would have been more than all the European Leagues TV money as globally it would have been massive, especially if available via subscription like Netflix. Given the lack of money coming in via 'legal' ways in recent times, after the initial splurge, it's as if the Saudis are making the club earn all the money, especially via the fans given the price of tickets and the constant merchandise being released.
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Another important point another poster made - they don't own the training ground, the stadium or the land on it. There is no way they fully understood this when they made the purchase and they will hate it. They may not have bothered it they had known.
 
Arcas Left Peg said:
Because laughing at your pitifully run shit show of a club is very, very funny
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Fair enough, but it does nothing to dispel the belief within the NUFC fanbase that the SAFC fanbase's identity is driven by hatred of their rivals.
Father Jack Hackett said:
I take it you didn’t pass GCSE Maths? Looks like 52 threads on the first page of PF with 3 referring to The Maggots.
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True, but not it'ts not so much the number of threads, rather that most of the posting overall is about NUFC - 150+ about Anthony Gordon in the last few hours and over 300 on PIF. That's probably more than those other 52 threads have combined in the same time period, despite there being so many positive things to discuss about SAFC. See above - it feels like the focus of SAFC fans is always on NUFC.
palm 1 said:
Due to it being a thread about Newcastle .
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I meant more generally throughout the forum.
 
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