Newcastle Utd (and Viz)

[Minimeister]

That makes absolutely no sense at all does it.

Surely the Reuben brothers have been approached with the shares to redevelop the training ground etc at cost price.

Same as Staveley to run things...

Skin in the game basically which in my view just points at the major shareholder not wanting to pay over the odds and to lower their risk. Otherwise they would do it themselves and pay for the best.

Nothing points to a big spend whatsoever.

In fact it just seems like the Saudis are taking a punt.

Oh well. And there was @Spotty promising us Newcastle were about to make the Premiership exciting again.

 

[catcherintherye]

That makes absolutely no sense at all does it.

Surely the Reuben brothers have been approached with the shares to redevelop the training ground etc at cost price.

Same as Staveley to run things...

Skin in the game basically which in my view just points at the major shareholder not wanting to pay over the odds and to lower their risk. Otherwise they would do it themselves and pay for the best.

Nothing points to a big spend whatsoever.

In fact it just seems like the Saudis are taking a punt.

I mean obviously. If the Reuben brothers wanted to pump money in, they would just have bought the club in the year+ the Saudis were scraping around trying to justify spending 340m (which they still haven't done).

The skin in the game stuff is interesting and I hadn't thought of it like that. Essentially it hints they are concerned Newcastle will keep its value, and if others want to benefit from building works (The Reuben Brothers) and from running a club (probably what Staveley has been selling them) they insist on some level of financial commitment.

My view on this, was that Staveley may have convinced once of the entourage to invest to make money. I doubt the senior figures are even that aware of it, as you say it's small fry for them. I also think, with the impending oil crisis (which will not be going back to normal) they will be far more ore occupied with this, than funding a football club.

Anyone who comes on spouting off oil will return to normal and they're going to come in and blow loads of money I would politely suggested is absolutely clueless and not worth listening too.

 

[catcherintherye]

Oh well. And there was @Spotty promising us Newcastle were about to make the Premiership exciting again.

I remember @Spotty Calling me delusional for saying we are a top 8 team, having finished in the top 8 the last 3 seasons, while in the same post predicting them to be competing with City and Liverpool as a realistic goal over the short term.

I think spotty, like most of the NE journalists pumping this rubbish dont know what they are talking about.

 

[Westend Blue]

I remember @Spotty Calling me delusional for saying we are a top 8 team, having finished in the top 8 the last 3 seasons, while in the same post predicting them to be competing with City and Liverpool as a realistic goal over the short term.

I think spotty, like most of the NE journalists pumping this rubbish dont know what they are talking about.

Weird kopite behavior bigging up a takeover that has yet to happen and proclaiming that they will spend loads and challenge. Firstly complete the takeover, secondly spend the vaunted money and finally actually finish top 4. Weidos

 

[orly]

Weird kopite behavior bigging up a takeover that has yet to happen and proclaiming that they will spend loads and challenge. Firstly complete the takeover, secondly spend the vaunted money and finally actually finish top 4. Weidos

I agree with you there mate

https://www.grandoldteam.com/forum/threads/sunderland-afc.98122/page-131#post-7293202

I am still waiting for an update on this takeover too

 

[Mikey_Fitzgerald]

Staveley is a strange one

Depending on what picture you see of her she either looks quite attractive or looks like she's got a demon trying to escape out of her

 

[Goat]

Staveley is a strange one

Depending on what picture you see of her she either looks quite attractive or looks like she's got a demon trying to escape out of her

Passed around like a magic carpet in the middle east.

 

[roydo]

I am struggling to see the Saudi motivation in all this, other than as a satellite holding in their investment portfolio that might rise in value.

Who owns football clubs, and why?

Local wealthy fans. Steve Lansdown at Bristol City. Bloke at Stoke.
Countries. City & PSG
Businessmen as a cash cow to leverage other sports stuff. Arsenal/United maybe. RS deffo.
Rich folk with an eye a bigger prize. Us.

This lot fit non of those, other than maybe the last one. (Sell SJP and shift the club?) So maybe they reckon that by lobbing cash at Newcastle their profile and success (sic) will be spectacular and they will reap huge rewards. (Doubt it)

Its a poser and no mistake.

 

[orly]

Passed around like a magic carpet in the middle east.

Sweet mercy

 

[Connor]

I am struggling to see the Saudi motivation in all this

Sportswashing

 

[roydo]

Sportswashing

Not entirely sure what that means.

 

[Goat]

Not entirely sure what that means.

Sportswashing or sportwashing is the hosting of a sporting event, or owning of a team as a means for a country to improve its reputation, particularly if it has a poor record on human rights.

For example, Amnesty International's UK branch criticised the choice of Azerbaijan as host of the 2019 UEFA Europa League Final on the basis of its human rights violations, calling the hosting of the final an "attempt to sportswash its image".[1]



Basically shouting LOOK OVER THERE, while they murder everybody.

 

[Connor]

Not entirely sure what that means.

Doing things through sports to promote/change their reputation.

They want all the boxing fights now – the Joshua vs Ruiz fight allowed to get a new type of visa – and they're pumping all sorts of money into wrestling shows over there.

 

[roydo]

Sportswashing or sportwashing is the hosting of a sporting event, or owning of a team as a means for a country to improve its reputation, particularly if it has a poor record on human rights.

For example, Amnesty International's UK branch criticised the choice of Azerbaijan as host of the 2019 UEFA Europa League Final on the basis of its human rights violations, calling the hosting of the final an "attempt to sportswash its image".[1]

Gotcha. But they are doing that with the mega boxing purses they are lobbing about. Other stuff as well. This investment fund thing is totally different to that. Its about actually making money, not a PR job.

 

[Goat]

Gotcha. But they are doing that with the mega boxing purses they are lobbing about. Other stuff as well. This investment fund thing is totally different to that. Its about actually making money, not a PR job.

I think they have about 250billion RayRay, they dont need money.