Joe_F Posted April 20, 2020 Share Posted April 20, 2020 It's very probable that in a years time the oil price will have bounced back to the pre-Corona level. If as reported they see us very much as a long term project I doubt it has much effect. Link to post Share on other sites More sharing options...
Guest godzilla Posted April 20, 2020 Share Posted April 20, 2020 the whole point of the PIF is to diversify out of oil, you'd assume this deal would be something that wouldn't be of issue to them and more aramco and other energy related sector issues. I don't think the actual buying of the club is an issue, it's probably how much they bankroll the club with. Think they will have all their financial plans already in place over the next three years minimum. They are certainly very astute business people and will have taken the current events and the effects of this into their business plans when forecasting their budgets which will already be set. Link to post Share on other sites More sharing options...
James Posted April 20, 2020 Share Posted April 20, 2020 BBC breaking news fuel prices collapse to negative Link to post Share on other sites More sharing options...
Dokko Posted April 20, 2020 Share Posted April 20, 2020 Looks like FFP is going to be relaxed when football starts back up in hope it stimulates the market. Good time to buy a club and pump £££s in to it. Link to post Share on other sites More sharing options...
Optimistic Nut Posted April 20, 2020 Share Posted April 20, 2020 Is there a way of seeing how many Twitter followers someone has gained? Would be interested to see if there’s many more following NUFC’s account the last week, particularly from Saudi Arabia. Link to post Share on other sites More sharing options...
Kanji Posted April 20, 2020 Share Posted April 20, 2020 the whole point of the PIF is to diversify out of oil, you'd assume this deal would be something that wouldn't be of issue to them and more aramco and other energy related sector issues. I doubt Newcastle is a way to diversify their portfolio. It’s a marketing investment. This rumour is 99% sure bullshit but marketing generally seems to be the first thing cut when things dont go that well. Sports and entertainment for 2030 initiative is of course a diversification from the reliance on oil. you're also using the basics of business practiced in most countries around the world onto a sovereign wealth fund that has it's own investment thesis (or lack thereof). if this deal doesn't happen, i doubt it has anything to do with oil prices in April and more to do on the direction of PIF long term. think big picture here. Link to post Share on other sites More sharing options...
Superior Acuña Posted April 20, 2020 Share Posted April 20, 2020 Is there a way of seeing how many Twitter followers someone has gained? Would be interested to see if there’s many more following NUFC’s account the last week, particularly from Saudi Arabia. Know this doesn't answer you, but would guess so. Two big accounts, for example: Link to post Share on other sites More sharing options...
Guest godzilla Posted April 20, 2020 Share Posted April 20, 2020 the whole point of the PIF is to diversify out of oil, you'd assume this deal would be something that wouldn't be of issue to them and more aramco and other energy related sector issues. I doubt Newcastle is a way to diversify their portfolio. It’s a marketing investment. This rumour is 99% sure bullshit but marketing generally seems to be the first thing cut when things dont go that well. Sports and entertainment for 2030 initiative is of course a diversification from the reliance on oil. you're also using the basics of business practiced in most countries around the world onto a sovereign wealth fund that has it's own investment thesis (or lack thereof). if this deal doesn't happen, i doubt it has anything to do with oil prices in April and more to do on the direction of PIF long term. think big picture here. Only way this deal doesn't happen is if the Premier League block it and that's not going to happen either. Link to post Share on other sites More sharing options...
LV Posted April 20, 2020 Share Posted April 20, 2020 Fecks sake can we have a seperate thread for international finance , oil prices , pork belly futures etc ? Link to post Share on other sites More sharing options...
Optimistic Nut Posted April 20, 2020 Share Posted April 20, 2020 I’ve found one site. March 26th: 1,519,898 April 10th: 1,521,444 (1,546 increase in 2 weeks) April 20th: 1,535,455 (14,011 increase in 10 days) Link to post Share on other sites More sharing options...
Kanji Posted April 20, 2020 Share Posted April 20, 2020 also brent crude is down 8% which is what middle east oil is pegged off - not wti crude which is the US/Canada. Link to post Share on other sites More sharing options...
Robster Posted April 20, 2020 Share Posted April 20, 2020 BBC breaking news fuel prices collapse to negative US Oil Prices according to my BBC alert. Link to post Share on other sites More sharing options...
Matt Posted April 20, 2020 Share Posted April 20, 2020 Oil prices could collapse to negative eleventy, if a contract has been signed it's been signed. And in any case, if you are trying to diversify your assets so they're less dependent on oil, deciding against buying a totally uncorrelated asset in a depressed market environment because oil prices are down would be a pretty dumb move. Link to post Share on other sites More sharing options...
Numbers Posted April 20, 2020 Share Posted April 20, 2020 I watched the Bloomberg interview with the Saudi guy and he said their cost to produce was about $4 (he claimed it was the cheapest anywhere) something about the oil being close to the surface. Link to post Share on other sites More sharing options...
number9shirt Posted April 20, 2020 Share Posted April 20, 2020 Looks like FFP is going to be relaxed when football starts back up in hope it stimulates the market. Good time to buy a club and pump £££s in to it. FFP is more relaxed for new owners as well. Link to post Share on other sites More sharing options...
STM Posted April 20, 2020 Share Posted April 20, 2020 Is anyone else still just thinking "na this ain't happening", despite all of the reports to the contrary? I mean I just cant allow my brain to believe that not only will we be rid of MA but we might be filthy rich too. Link to post Share on other sites More sharing options...
HaydnNUFC Posted April 20, 2020 Share Posted April 20, 2020 Is anyone else still just thinking "na this ain't happening", despite all of the reports to the contrary? I mean I just cant allow my brain to believe that not only will we be rid of MA but we might be filthy rich too. My dad is. Everytime I try to talk about it he just goes 'not happening' but even still he's half joking. I think the thing that has almost banished any thought that it's not happening for me is that it's lawsuit territory if Ashley pulls out of the deal. Link to post Share on other sites More sharing options...
Shays Given Tim Flowers Posted April 20, 2020 Share Posted April 20, 2020 Be careful, 54's Dad started off 'half joking' Link to post Share on other sites More sharing options...
maze Posted April 20, 2020 Share Posted April 20, 2020 Is anyone else still just thinking "na this ain't happening", despite all of the reports to the contrary? I mean I just cant allow my brain to believe that not only will we be rid of MA but we might be filthy rich too. Yes. I’m not buying into anything before it is official. But I do like the excitement. Link to post Share on other sites More sharing options...
Guest godzilla Posted April 20, 2020 Share Posted April 20, 2020 I really hope the saudis ban wraith from any sort of access What's the prick doing now, I saw he was going onto Ryder's Instagram feed or something Link to post Share on other sites More sharing options...
Chris_R Posted April 20, 2020 Share Posted April 20, 2020 Is anyone else still just thinking "na this ain't happening", despite all of the reports to the contrary? I mean I just cant allow my brain to believe that not only will we be rid of MA but we might be filthy rich too. Yes. I’m not buying into anything before it is official. But I do like the excitement. This for me too. I refuse to get excited until it's sealed. Been bitten too many times before. Link to post Share on other sites More sharing options...
Theregulars Posted April 20, 2020 Share Posted April 20, 2020 Is anyone else still just thinking "na this ain't happening", despite all of the reports to the contrary? I mean I just cant allow my brain to believe that not only will we be rid of MA but we might be filthy rich too. Yes. I’m not buying into anything before it is official. But I do like the excitement. No, I’m like dick on the table excited and a total believer in the towel. Link to post Share on other sites More sharing options...
relámpago blanco Posted April 20, 2020 Share Posted April 20, 2020 Unless they fail the fit and proper test which is basically impossible this is done, Ashley can't back out and neither can they. It's at the point where it's legally binding subject to the test. Link to post Share on other sites More sharing options...
Facundo Ferreyra Posted April 20, 2020 Share Posted April 20, 2020 Unless they fail the fit and proper test which is basically impossible this is done, Ashley can't back out and neither can they. It's at the point where it's legally binding subject to the test. :pedro: :pedro: Link to post Share on other sites More sharing options...
gdm Posted April 20, 2020 Share Posted April 20, 2020 Link to post Share on other sites More sharing options...
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