Jump to content

PauloGeordio

Member
  • Posts

    18,026
  • Joined

  • Last visited

Everything posted by PauloGeordio

  1. Cannot imagine a world where Eddie replaces Tindall as his No2.
  2. Isak and Ekitike all over again
  3. Would love to see him LM/LMF.
  4. Alleged that a party has approached PIF Could it be?
  5. Was my 1st top (started following the cloob in '97)
  6. Gordon has done some wonderfully kind things for folk off the pitch. I wish him nothing but the best wherever he may end up. Shame we didn't get the 100% committed version of him all the time because when he's on it he can be immense.
  7. Yeah, it is speculatory at the moment without all the facts. Time will tell, but the slow juggernaut moves on in a positive direction.
  8. Sources say the continued injection of capital demonstrates PIF’s commitment, and they insist that talk this week of selling a stake in Newcastle was not instigated by them. Rather, it was an idea proposed by those close to institutional investors. If it did happen, say sources, it would only be a minority share with a view to raising funds towards infrastructural projects such as a new stadium and training ground. We are told any new investor would be very unlikely to have a major say in the running of the club. It also allows the ownership to quantify the club’s value. For example, a 10 per cent stake for £150m would value Newcastle at £1.5billion, five times its purchase price. Crucially, that puts the club in a position of strength with regards lending, as well as influencing sponsorship and commercial deals. In 2019, Manchester City announced that Silver Lake, an American private equity firm, had made a $500m (£373.2m) investment into the City Football Group. This equated to an 18 per cent stake. Sources have pointed to this - but not the numbers involved - as an example of the practice being common when it comes to global business with global revenues. It has been stressed that PIF are not looking to dilute their share to any significant level and the prospect of new equity investors does not mean they are looking to withdraw long term. On the contrary, sources believes it shows an ambition to deliver on key developments that will aid success on the pitch. Meanwhile, the acquisition of Leazes Terrace was first floated inside the club at the outset of Saudi ownership. To have control of those buildings, given they are the nearest residential addresses to St James’ Park and the proposed site of a new stadium on Leazes Park, is seen as a ‘no brainer’. Ownership of them gives the club greater flexibility and strategic positioning no matter which stadium option they pursue - be it a new build or expansion of St James’. Were it a new build, the longstanding plan for the site of St James’ has been parkland. However, one piece of information into Confidential this week is that the club have explored using the land in addition for bars, restaurants and retail options. If so, ownership of Leazes Terrace would be key.
  9. Eddie: “We’ve spoken to Fabian and his agent, and we are hoping for a successful outcome. We want him to stay, he’s been unbelievable for us.”
  10. Already is for me
  11. But can he cover LB?
  12. Now that I would like to try! Will give these a go
  13. Fair play to the folk that kept on with the Hall/Skelly debate as if the main distraction wasn’t a thing. Up at 4 this morning. Given me a chuckle catching up.
×
×
  • Create New...