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Newcastle bought by the Saudi Public Investment Fund

PostPosted: Thu Oct 07, 2021 6:37 pm
by kazza
Newcastle bought by the Saudi PIF. It will take a few years for them to be a threat so we really need to win some titles in the next three years as we will find it hard to compete with all that money, especially with Klopp leaving. City, Chelsea, (probably ManUre despite their debt) and now Newcastle will be able to outspend every other team. They bought the team for 300million which will at some point be worth 3billion, good investment for them, thankfully they did not buy Manure. Another team that will turn FIFA Fair Play into a joke. I bet you some serious bribes were paid out to get this deal done….disappointed with the premier league.

Proof positive that money washes away everything.

I wouldn’t be surprised if they chased Salah

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Fri Oct 08, 2021 10:19 am
by ycsatbjywtbiastkamb
Apparently a representative of this sovereign wealth fund thingy has come out and said Newcastle will 100% win the title but realistically it will probably take 5+ years to do it. The Saudi's make the likes of Abramovitch and the crew who own City look like paupers.
I suppose the only crumb of comfort is as Kazza mentions they have been sniffing around United for years so at least they didn't buy them.

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Fri Oct 08, 2021 3:14 pm
by electrum
To win it and be consistent challengers they will need more than just cash-ask  City about Hughes and Pelligrini and Utd about van Gaal, Mourinho and Solkjaer.

with Klopp, Pep and Tuchel out of bounds (it seems) they are going to have to wait a long while before they win anything of note.

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Fri Oct 08, 2021 4:17 pm
by red till i die!!
They passed all the tests so they must be legit enough to get the sale finalised with the backing of the league.

The Newcastle fans must be over the moon after finally getting rid of Ashley.

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Fri Oct 08, 2021 6:52 pm
by kazza
red till i die!! » Fri Oct 08, 2021 3:17 pm wrote:They passed all the tests so they must be legit enough to get the sale finalised with the backing of the league.

The Newcastle fans must be over the moon after finally getting rid of Ashley.

They were pirating premier league matches as a response to their fallout with Qatar, which has the PL rights for the Middle East with BEIN Sports. They called their pirate version BEOUT  Sports :laugh: and this is indisputable, so when you say they passed all the tests and must be legit then we would have to assume that the “tests” means fat bribes to the PL hierarchy. How could an entity that pirated PL matches on a governmental level suddenly by fit to buy a PL club when the deal was rejected last year for that.

Stinks of corruption.

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Fri Oct 08, 2021 9:47 pm
by damjan193
They probably just wanted a new castle but ended up buying a football club instead :D

Jokes aside, this isn't good for us or the Premier League as a whole, the last thing we need is another abomination like Man City. These will inflate the entire market even further and everyone will suffer for it, especially the smaller clubs who'll have almost zero chance to get into any European spots, except for that new Inter Toto kind of competition, whatever it's called.

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Tue Oct 12, 2021 10:40 am
by Reg
It's not good for governance reasons. Sadly there are many political and human rights issues in Saudi that raising their sporting profile will help disguise however the only positive is that it creates another potential galactico team that keeps the EPL at the top of the tree and encourages yet more support and investment in key growing markets like China, the US , keeping Italy, Spain and German football a large step behind us.

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Tue Oct 12, 2021 8:11 pm
by red till i die!!
kazza wrote:
red till i die!! » Fri Oct 08, 2021 3:17 pm wrote:They passed all the tests so they must be legit enough to get the sale finalised with the backing of the league.

The Newcastle fans must be over the moon after finally getting rid of Ashley.

They were pirating premier league matches as a response to their fallout with Qatar, which has the PL rights for the Middle East with BEIN Sports. They called their pirate version BEOUT  Sports :laugh: and this is indisputable, so when you say they passed all the tests and must be legit then we would have to assume that the “tests” means fat bribes to the PL hierarchy. How could an entity that pirated PL matches on a governmental level suddenly by fit to buy a PL club when the deal was rejected last year for that.

Stinks of corruption.


I really have to work on my sarcasm mate.  :laugh:

It's totally corrupt Kazza. I agree that there was surely something greasing hands for the deal to go through. I thought it was being held up over assurances as to how much control the Saudi government had in PIF.

Either way everyone knows it's corrupt but the official line is they passed the tests required to purchase the club which they did. Whatever we think is just speculation.

This is well worth a watch if anyone has a bit of free time on their hands.
https://www.aljazeera.com/news/2021/8/9 ... l-football

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Thu Oct 14, 2021 10:43 am
by RED BEERGOGGLES
Leicesters manager being strongly linked to Newcastle. I'm guessing the Saudi owners have factored out success in Europe ?

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Fri Oct 15, 2021 8:57 pm
by redshade
So another club to become a powerhouse, it will take time with Newcastle but they will eventually get there. Who would have thought that one day we will see a potential title race between City and Newcastle. At the moment they will need to avoid relegation and attract "money grabber" players, once the ship has settled then I think they will go big on transfers.

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Sat Oct 16, 2021 7:42 am
by electrum
It would be ideal for them to get relegated and then we can see who will come to play for them? Has beens most likely

No one of note I reckon ..all top players want to play in the Champions league .. nor would any decent manager want to come.
People seem to think assembling a group of superstars will ensure success- without the manager to gel them all together they won't win the PL.

It would be great to see the Saudi Prince visiting when they play Hull City away  :laugh:

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Wed Oct 20, 2021 8:28 pm
by ycsatbjywtbiastkamb
I see Bruce has gone, got a £7m pay off apparently, wonder who they'll go for next? Both Brendan and Gerrard have been linked with the job, might be one of those 2.

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Wed Nov 17, 2021 4:58 am
by kazza
https://www.dailymail.co.uk/sport/sportsnews/article-10208989/Premier-League-chairman-Gary-Hoffman-brink-stepping-down.html

Moved on to a nice Swiss bank account full of cash, don’t be sad for him. It was his shot and he took it.

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Sun Apr 24, 2022 5:26 am
by redshade
They have done really well to climb up the table since new management. In a few years time get ready for these lot to battle it out with the other oil pumped club.

In 2022 they are 2nd in the table as far as form is concerned.

1-Liverpool FC--13--11--2--0--35
2-Newcastle-----15--10--2--3--32

Full table -- https://www.transfermarkt.co.uk/premier ... bewerb/GB1

Re: Newcastle bought by the Saudi Public Investment Fund

PostPosted: Sun Apr 24, 2022 1:51 pm
by damjan193
I was hoping they'd get relegated and get delayed for an year or two at least before they're on the big stage, but they've done everything right since they got bought. They might be able to compete for the top spots as soon as next season.

Hopefully, with Chelsea's situation, they'll just switch places with eachother and keep the status quo at least, cause we really don't need any more money pumped giants in this league.