Because they only ever cared about resolving the Saudi piracy issue with Qatar. They couldn't care less about human rights abuses, including the ongoing genocidal war in Yemen.
Newcastle United now owned by the PIF | PL receives "legally binding assurances that the Kingdom of Saudi Arabia will not control NUFC" ;)
- Thread starter Damien
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In the latest episode of the United Hour Podcast, Nik (@Rood) is joined by CEO Duncan Drasdo and Financial Director Andy Green from the Manchester United Supporters Trust for a special episode on all things behind the scenes at Old Trafford including a brief history of MUST and their aims today, views on INEOS and Sir Jim Ratcliffe so far, and the Old Trafford regeneration.
Anymore filthy rich families in middle east left to buy a club?
Imagine if there was a punitive luxury tax on spending and wages that allowed for this money to be distributed around the league increasing parity.
Oh well.
While that is true, the PIF has thousands of investments all over the world. They have investments in Uber, Facebook, Citigroup, Disney, Boeing, Live Nation, Bank of America, BP etc etc and all that are publicly disclosed ones.
Clearly the start of a passion project for the Saudis. Depending on the execution capability, they'll be 2-5 years away from top 4. Arsenal and Spuds are Europa full time now unless they can find a Klopp. For us, fringes unless we can find a Klopp.
I do, however, want to see Real and Barca react especially if Newcastle reach UCL quick. Thisll piss them off even more and they have the MOST to lose because they can't be bought.
I do, however, want to see Real and Barca react especially if Newcastle reach UCL quick. Thisll piss them off even more and they have the MOST to lose because they can't be bought.
This. The super league actually had in its proposal a better mechanism than FFP to level the playing field between its participants.
As it stands, clubs that run as actual businesses will sooner or later be unable to compete with state-backed clubs. They’ll either end up like Arsenal who gave up on trying to compete, or Barcelona, going further and further into debt as they try to keep pace with the massive inflation in wages and transfer fees, driven mainly by the huge influx of external money into European football.
There is a reason PSG didn’t want to join, Chelsea and City were seemingly lukewarm on the idea, and the main engineers of it were Juve, Barca, Real, United, and Liverpool (big clubs with more traditional models who are having a hard time competing in the transfer market, to varying degrees)
I wonder when it becomes a top 5 ?
This is why us real, Barca, juve etc we’re so keen on the super league.
Won't be long before the mental gymnastics of the broadcasters make it top-7 and top-10. Some has to pander to large, but increasingly older fanbase of Arsenal, United and Spurs.
Let's not pretend that this will stop here. There are enough oligarchs in the world to easily add one or two more "passion projects" to this list. And I'm talking about the competent, genuinely ones unlike say Everton.
I wonder what the fans protesting Mike Ashley make of this. Surely they lose the moral high ground, when they (Newcastle) start competing and the fans of other clubs start beating them with the holier than thou stick.
Probably a couple of years, the new CL format as touted already allow for 6 teams from the PL.
It will be interesting to read Man City's fans when they cry about the money poured into Newcastle.
All two of them.
A few of them will drift away, disillusioned by the new regime, the majority would have no such qualms, I’d imagine. They will be too busy lording it up over the non-state-backed clubs.
I have resigned myself to the prospect of them throwing the ‘wee club in the North’ back at us.
Also, this is an absolutely terrible idea.
Its becoming a farce isn’t it.
Has anyone actually thought that by the time the takeover is fully ratified, they still won't have money in January to strengthen, and will possibly be relegated to the Championship anyhow?
At this rate, we will be fighting for Europa league places in a couple of years.
I wouldn't mind if all these fecking oil clubs pissed off and formed their own circle jerk league.
I hate football and what it has become.
Football manager is gonna need a update if it goes through before it's release.
I hear they have great execution capability.
Newcastle updated to use unsigned integers.
My apathy towards football grows by the day. I used to soak up everything but that gradually reduced to only watching United. It’s just one big advert for gambling, Visit Dubai and shit watches. Needs to die and be remade.
At least that rules out them buying us now.
Newcastle has always been a club with tremendous potential. It’s got a huge fan base and a monopoly on its region plus the initial outlay isn’t going to be much. This is a good investment I feel. Bad news for everyone else.
Are we absolutely sure that Brucey hasn’t fallen for a scam email from a “Saudi Prince” offering him 100 billion dollars?
I'd call them potential giant.
They were a small club getting fans of 8-11k, there weren't many "Newcastle daft" fans willing to go but with Keegan and the change in popularity of football in the 90s and modernization, the area really bought into the whole thing. The north east and particularly Newcastle has potential, they could fill an even larger stadium of cheap tickets if they give them something to watch which I'm sure will happen.
football has become a grotesque spectacle. between the Qatari tournament and the general acceptance of dirty money. its really become a revolting sport. I've gone from eagerly packing my bag for home and away games to complete apathy. now we get to see Newcastle fans celebrating inevitable easy money successes. some of the best fans in the UK will now doff their caps to the new overlords, happy to get the handouts. maybe ye cant blame em after what they have been thru. but its football that is rotten. utterly rotten
That'd be down to poor management throughout the club, rather than Newcastle being taken over by Saudi's. Having another City in the league makes it more difficult, but not impossible. See Liverpool for reference.
Well I’m not worried! Yes they have money now but that doesn’t mean anything. As we all know, the only reason City are where they are is because they worked their way up and got the best manager in the multiverse ever! Nothing to do with money at all.
Don’t expect the UK government to stand in the way of another investor who is going to plough in hundreds of millions (or billions) in investment and pay HMRC 50% tax on those fat fat wages they will need to offer to entice top players to join them.
Hard to have sympathy for UEFA, FIFA etc when they throw a bitch fit at Clubs trying to break away when stuff like this is allowed to happen.
Yes, Newcastle deserve to be rid of Ashley and spend the money they make. Which is still a lot. But flooding them with dirty money is not the way
Yes, Newcastle deserve to be rid of Ashley and spend the money they make. Which is still a lot. But flooding them with dirty money is not the way
It's fecking disgraceful. I wonder how many palms have been greased to seal this grubby deal?
I guess Bruce's head will roll..
Right.. time to bin the EPL. I’ll watch football in other leagues instead
Kinda just glad it's not us, although I know it doesn't really work like that.
This isn't going to help City's desperate need for a fanbase when the few they've gained become Newcastle fans.
This is my fear/vision also.