Newcastle United now owned by the PIF | PL receives "legally binding assurances that the Kingdom of Saudi Arabia will not control NUFC" ;)

[Flanders Devil]

The problem with this is actually in the corporate structures and the laws around corporations that enable loopholes like this to happen. It’s actually just another use case of how wealthy entities and individuals can move money around to avoid what they want (taxes or regulations).
I wonder if we’ll see some movement in the coming years to legislate around this from governments and enterprises. With the Pandora Files in circulation at the moment, and the global movement towards transparency, it’s probably now or never.
*FWIW - I’m optimistic but skeptical of weather we will actually get this change as the power of big money is so strong.

 

[Judas]

The PL is doomed anyway, rather Newcastle dominate in the battle of the oil money than City.

It's absolutely shit, but it is what it is.

 

[Okey]

It will be quite hilarious to see Citeh fans' reaction if the Barcodes are suddenly top of the pile in 5 years time. The way the game is going, you can't help but wish someone similarly rich but less distasteful, and who actually cares about winning stuff, comes to buy us too! At least we already have history.

 

[SalfordRed18]

Why Newcastle? Why not United, Spurs, Liverpool, Arsenal? Why buy a team in which you need to replace all players and club which don't have big reputation. They will need 6,7 years to create a team for top 4 (if that is their goal of course). They can have all money in the world but top players will not go there now.

Joke post. Newcastle are a sleeping giant of a club with actual history. Smaller clubs than Newcastle have got financial backing and won the premier League, eg city, Chelsea, Blackburn.

 

[Wayne's World]

Won't be long more until every club bar the English teams and PSG decides to pull away from UEFA and FIFA If the allow Newcastle spend what they want. European football is now on a verge of collapse and will all pull together to leave eventually

 

[Sviken]

Man, I'm starting to warm up about the idea of a Super League.

 

[padr81]

Delighted for Newcastle, great support and a good club who haven't had their share of breaks over the years like other big clubs. Fantastic for them.

Will be great to see another club competing and winning trophies and laugh as the clubs melting down over it are getting pounded in a bed of their own making.
Hopefully the real "history" clubs can get investment too, it would be great to see the original top clubs who got fecked over by the investment in clubs who now cry about others clubs getting investment, get some mega bucks too, love to see Preston, Villa and Sunderland back at the top as well the real history clubs.

Billionaires for everyone and we can all laugh at Javier Tebas.

 

[ThierryHenry14]

Man, I'm starting to warm up about the idea of a Super League.

EPL is the Super League with the Newcastle takeover.

 

[Tyrion]

Really wish the trend of oil money clubs would just go away.

The inflation they cause in football is part of why the super league nearly happened. If their unsustainable model becomes the norm, then the league itself becomes unsustainable.

The league is fecked. There’s a fan of a top 4 clubs reading this story who isn’t that fussed but this investment means they’ll be pushed out of the top 4 and have set their club back years but they just don’t know it yet.

Not just that, there'll be more transfer records broken. I wouldn't be surprised if we see a 500 million pound transfer in the next 5 to 10 years.

So PL stopped it because they weren't getting their cut rather than Journalist Sheesh Kebabs in Turkey.

Yep. Both the PL and most Newcastle fans will ignore the whole 'murderous regime' thing and focus on the money.

 

[Tyrion]

Delighted for Newcastle, great support and a good club who haven't had their share of breaks over the years like other big clubs. Fantastic for them.

Will be great to see another club competing and winning trophies and laugh as the clubs melting down over it are getting pounded in a bed of their own making.
Hopefully the real "history" clubs can get investment too, it would be great to see the original top clubs who got fecked over by the investment in clubs who now cry about others clubs getting investment, get some mega bucks too, love to see Preston, Villa and Sunderland back at the top as well the real history clubs.

Billionaires for everyone and we can all laugh at Javier Tebas.

It's more the whole 'killing journalists' sportswashing part that's problematic.

Honestly I think its sad. Newcastle will just go from being used in one way to being used in another.

 

[ZolaWasMagic]

Then so can we. We outspend them. Our issue has been what we spend it on

Of course you can. The only time Utd wouldnt be able to compete is if Abramovich and the City/Newcastle owners decided to just say feck it and go balls deep on every transfer. Even then, we'd end up 3rd. But i did read somewhere that these new owners for newcastle arent planning to come in and splash the cash

 

[padr81]

It's more the whole 'killing journalists' sportswashing part that's problematic.

Honestly I think its sad. Newcastle will just go from being used in one way to being used in another.

Yup, make no mistake I know exactly what Cities owners are despite my occasional wumming... like myself Newcastle fans will have to seperate the club from the owners and the team. Its not easy when the owner is why that team exists, but City is still City and Newcastle will still be Newcastle. They were before the owners, are during the owners and will be after the owners.

Basically we're owned by a very likely pos (though I don't know the man personally), but he is not Man City, the same will be true of Newcastle.

 

[Hound Dog]

Joke post. Newcastle are a sleeping giant of a club with actual history. Smaller clubs than Newcastle have got financial backing and won the premier League, eg city, Chelsea, Blackburn.

I am genuinely curious regarding this. From what I can see on their Wiki, they won the league 4 times, with the most recent win being nearly 100 years ago. That is pretty much on par with Huddersfield.

I know that they are the most supported club in that part of the country, but is that enough to characterize them as giants?

 

[Tyrion]

Yup, make no mistake I know exactly what Cities owners are despite my occasional wumming... like myself Newcastle fans will have to seperate the club from the owners and the team. Its not easy when the owner is why that team exists, but City is still City and Newcastle will still be Newcastle. They were before the owners, are during the owners and will be after the owners.

Basically we're owned by a very likely pos (though I don't know the man personally), but he is not Man City, the same will be true of Newcastle.

I dont know if I could just separate them. Clubs becoming accessories for billionaires (Glazers, Ashley or the Saudis) is the worst part of modern football.

 

[padr81]

I dont know if I could just separate them. Clubs becoming accessories for billionaires (Glazers, Ashley or the Saudis) is the worst part of modern football.

Footballs always been heading this way just like the NFL etc.. before it, its just a bigger game and more global. I didn't bat an eye at the Chelsea takeover which seems like an eternity ago. Its just an issue of bigger problems not just in football but globally. Chelsea then City/PSG and now Newcastle are just bigger symptoms of something thats been broken for a very, very long time. Kind of like a cancer, the symptoms have gotten bigger but the cancer has been there long before the symptoms showed. Once football became big business and less sport (long before Chelsea) this was coming and eventually we will have a super league and franchises, of that I'd bet my left leg.

Whats interesting is the Saudi's buying Newcastle, Liverpool literally chased them for years before FSG happened (I think around the time Roman arrived) and they wouldn't pull the trigger on Liverpool, I guess they'll put that down to a mistake and don't want to miss out twice.

 

[Blood Mage]

Newcastle are a much bigger club than City, but City used the Manchester name to build their brand quickly (they essentially piggybacked off of our success, the absolute cnuts).

 

[dinostar77]

Newcastle will win the PL within 6-7 seasons after this takeover. This will be a massive for the PL. Abu Dhabi controlling City is one thing but Saudi Arabia getting involved with newcastle is a whole different level. Any talks about stupid ESL will by default involve Newcastle now.

 

[the_box]

Of course you can. The only time Utd wouldnt be able to compete is if Abramovich and the City/Newcastle owners decided to just say feck it and go balls deep on every transfer. Even then, we'd end up 3rd. But i did read somewhere that these new owners for newcastle arent planning to come in and splash the cash

This is also what I've read/heard. Atlantic I think? There will be a tremendous investment in scouting, youth development and upgrading our depressingly third-rate facilities. We'll be able to go after a higher tier of player but no worldies. The goal is organic growth in the sense they want to build the best possible greenhouse around the things they want to grow.

Or mbappe on Jan 1. I'll take that too.

 

[Wolf1992]

Aren't there any english billionaire interested in Football?

Why most of these billionaires spending cash in EPL are foreigners?

 

[Ali Dia]

This is also what I've read/heard. Atlantic I think? There will be a tremendous investment in scouting, youth development and upgrading our depressingly third-rate facilities. We'll be able to go after a higher tier of player but no worldies. The goal is organic growth in the sense they want to build the best possible greenhouse around the things they want to grow.

Or mbappe on Jan 1. I'll take that too.

It would be class if they set you up like Dortmund long term. A world class youth factory who could actually hold onto their best players. It would be boring enough to just have another team come in and buy up the 2 best players in each of the development leagues and outside of the top 4 in the PL and just go at it.

 

[Ali Dia]

Aren't there any english billionaire interested in Football?

Why most of these billionaires spending cash in EPL are foreigners?

prestige. Sports washing. Diversification. Big one is most football clubs lose money….

 

[visiting villain]

It's going under the radar because they're stopping short of having the cheek to challenge the elite.

our owners have also been heavily investing in youth development and academy (likely to follow your model at Chelsea of loaning & selling young players to balance out the books every year.

 

[Cheech Wizard]

I am genuinely curious regarding this. From what I can see on their Wiki, they won the league 4 times, with the most recent win being nearly 100 years ago. That is pretty much on par with Huddersfield.

I know that they are the most supported club in that part of the country, but is that enough to characterize them as giants?

It's only because they are a one club city they've got this giant characterisation, there's no divide in support there. They got through the most of the middle premier league era with 3rd biggest stadium in the league, got the tag as the "biggest away support in the PL" because they were one city club, they'd say that about Leeds too when they would travel to grounds in the championship, another one city club. 53k in their ground every week because they could, there was no rival ground across the park. Whereas other cities Liverpool, Manchester, Birmingham, Sheffield, and further down the pyramid likes of Bristol, Stoke, Nottingham.. most of whom clubs are giants in their own right all have a split in support of their population.

 

[11clarkie11]

Man, I'm starting to warm up about the idea of a Super League.

The Super League included Manchester City, so the oil clubs infiltrated that too? Another money grabbing scheme.

 

[Tarrou]

its gonna be way harder to do a City in this market

back when City started they bought bunch of players for around £20/£30m that would be more like £70/£80m buys these days

and City had a load of flops before they got it right

 

[Bastian]

I'm surprised by the defeatist attitude by some here. Reminds me of how Tuchel was supposed to be invincible a couple of weeks into the season and Lukaku coming back from his world-class-amazing-player-now transformation in Italy.

Without Pep, I wouldn't worry too much about City. Expectations are huge, success is hollow, managing squads of those riches is incredibly tricky. And it took them years to prepare for the best manager around.

 

[DoneDaDa]

Really wish the trend of oil money clubs would just go away.

Don't worry Dubai will be buying you lot soon too.

 

[amolbhatia50k]

Ugh. Another bottomless pit club to deal with.

 

[amolbhatia50k]

Looks like the only way to compete is to be an oil club.

Liverpool

 

[Bastian]

Liverpool

Exactly.

 

[pocco]

I'm not necessarily worried for us. We've shown we can compete with those around us, even with the Glazers pulling the handbrakes up every once in a while.

If I were a Liverpool fan though...

Without Fergie we've not won a thing though, unlike Liverpool who appear incredibly well run under their current owners and management team. Liverpool basically act more like United under Fergie then we do.

When City got took over everyone predicted they'd dominate and we'd be in trouble, which was dismissed by many. Well that's exactly how it's turned out in the long run.

Newcastle having money injected into their club will work better than City because of the fan base. This is not good news for us at all. They could catch us easily within 6-8 years I bet. If FFP falls apart and they find loopholes then it could be sooner. No doubt they'll have done their homework to deem it feasible, much like Everton and Villa owners.

 

[Karel Podolsky]

They have to go through some older established names who are out of favour at the big clubs, and promising youngsters on the cheap, establish themselves in the top 10 and raise their profile as a club.

It will take 5 years at least before we see them going after the big big transfers.

You hope they will hire Conte.

 

[Tacitus56AD]

It really is a sad time for football.

 

[amolbhatia50k]

In the short term the annoyance will be if they bag a manager who would have been great for us.

 

[United in sin]

Joke post. Newcastle are a sleeping giant of a club with actual history. Smaller clubs than Newcastle have got financial backing and won the premier League, eg city, Chelsea, Blackburn.

This!!!

 

[amolbhatia50k]

Joke post. Newcastle are a sleeping giant of a club with actual history. Smaller clubs than Newcastle have got financial backing and won the premier League, eg city, Chelsea, Blackburn.

Yup it's potential the perfect club to buy. Large and passionate fan base and a rich history which includes PL success as well. For us, it's going to yet another contender in another 5/6 years time that we better be equipped to deal deal it.

 

[Mindhunter]

This is an absolute joke. Fans would protest against ESL but would allow this to happen. Basically, clubs that don’t get oil money or a sugar daddy can’t hope to compete at all.

I remember a lot of fans here were belligerent towards others who wanted to join the EST simply because the current structure is unsustainable. What do they say now?

I never thought I would say this but if Saudi buys Newcastle and dope them financially then my interest in football is going to wane. It’s just a waste of time if this becomes a dick waving contest amongst shady billionaires.

 

[Bastian]

Liverpool have very recently demonstrated that you need neither a sugar daddy nor oil money to compete. If we get an elite manager, we will do so ourselves.

 

[amolbhatia50k]

This is an absolute joke. Fans would protest against ESL but would allow this to happen. Basically, clubs that don’t get oil money or a sugar daddy can’t hope to compete at all.

I remember a lot of fans here were belligerent towards others who wanted to join the EST simply because the current structure is unsustainable. What do they say now?

I never thought I would say this but if Saudi buys Newcastle and dope them financially then my interest in football is going to wane. It’s just a waste of time if this becomes a dick waving contest amongst shady billionaires.

Absolutely. You could argue that foreign investment is open to everyone and hence it is fair. But it's really not, the huge financial backing goes to clubs with a certain fan base, appeal, stadium and locations so at its heart its the same thing - it actively kills competition by creating another monster team others can't deal with and of course entry to that elite club is limited to the privileged few.

So it's a really good point you raise. Maybe this is more subtle (oh its another team not the format who cares) yet the values are the same but it's considered normal.

 

[Zaphod2319]

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