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PIF and RB Sports & Media - Darren Eales to step down from CEO after being diagnosed with blood cancer.


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Jesus fucking christ. At times i feel our fanbase don't deserve any success. 2 years into the project and we need to point fingers. Now we start with Eales. Last week Ashworth. Who’s next?

 

By fanbase it’s mainly online, when in Newcastle or elsewhere talking with fans, common sense seems to prevail.

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4 hours ago, Conjo said:

 

He's just a cringe corporate career chaser. You meet characters like him in leader positions at all large companies.

 

They are usually good at what they do though.

 

You just want someone who stays out of the limelight, and get things done in the background. 

 

Being judgmental, I'm going to assume from his minor playing days he still thinks he's one of the lads.

 

Just seems he has too much to say for himself, and Eddie keeps things low key.

 

 

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He seems fine to me. Would rather have someone willing to say things in public and be judged on his words than a faceless bureaucrat skulking around in the shadows quietly screwing us over. Much harder to monitor.

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13 hours ago, High Five o said:

Jesus fucking christ. At times i feel our fanbase don't deserve any success. 2 years into the project and we need to point fingers. Now we start with Eales. Last week Ashworth. Who’s next?

 

By fanbase it’s mainly online, when in Newcastle or elsewhere talking with fans, common sense seems to prevail.

I might get Lynched by saying this but Eales is viewed as Elite in the Corporate world in which he operates.

 

We are in fact quite lucky to have him.

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19 minutes ago, The Prophet said:

 

 

That's interesting. I'd been wondering about this given the massive gulf in wealth of our various owners and the need to continue adding capital. 

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Just now, Dr Jinx said:

Do the value of the shares stay the same as the purchase price off Mike Ashley? Or go up as the value of the club has increased?

I might be wrong but I think the value of the shares remains the same, but further shares will continuously be issued to raise capital

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21 minutes ago, timeEd32 said:

 

That's interesting. I'd been wondering about this given the massive gulf in wealth of our various owners and the need to continue adding capital. 

I'd much rather have 6% of NUFC right now than 10% of it at the time of the takeover

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She's already mentioned that there was a possibility her shares could be diluted. She is going to come out well from it whatever happens and rightly so. 

 

 

Edited by et tu brute

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1 hour ago, et tu brute said:

She's already mentioned that there was a possibility her shares could be diluted. She is going to come out well from it whatever happens and rightly so. 

 

 

 

Yep.  There was never any chance she’d be able to keep pace with PIF’s ability to invest.  If she’s diluted to 1% it won’t be likely that she’s losing anything (though 10% holding in stock normally does have lots of additional benefits, rules and regs, I can’t imagine that that would have any sway at NUFC.  She has a management contract with PIF)

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On 19/01/2024 at 22:00, huss9 said:

dont mind a stadium sponsor at all.

will always be SJP to the fans.

 

and that is exactly why naming rights for existing grounds never bring big money.

 

I think it is one of those things where clubs which have a historically named ground work out that the balance between money it brings in, versus the lack of stickability in the media, and the grief they get for it from the fans, just make it not worth it.

 

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43 minutes ago, brummie said:

 

and that is exactly why naming rights for existing grounds never bring big money.

 

I think it is one of those things where clubs which have a historically named ground work out that the balance between money it brings in, versus the lack of stickability in the media, and the grief they get for it from the fans, just make it not worth it.

 


Barca Stadium

As for the Camp Nou’s new moniker, naming rights deals and the like for European soccer stadiums are rare compared to competitions such as Major League Soccer (MLS), not to mention other North American sports leagues. According to US-based consultancy firm Duff & Phelps, English soccer champions Manchester City rake in UK£21.9 million (US$28.8 million) a year from their stadium sponsor agreement with airline Etihad.

image.thumb.png.f0f8f1dd7eb2299d63085e3e46d8fbbf.png

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24 minutes ago, Slim said:


Barca Stadium

As for the Camp Nou’s new moniker, naming rights deals and the like for European soccer stadiums are rare compared to competitions such as Major League Soccer (MLS), not to mention other North American sports leagues. According to US-based consultancy firm Duff & Phelps, English soccer champions Manchester City rake in UK£21.9 million (US$28.8 million) a year from their stadium sponsor agreement with airline Etihad.

image.thumb.png.f0f8f1dd7eb2299d63085e3e46d8fbbf.png


That’s for the entire Spotify deal, including the shirt. The stadium portion is estimated at €5m.

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I wrote this in the transfer thread last week:

 

On 18/01/2024 at 10:06, timeEd32 said:

Stadium naming rights generally generate a lot less than you may think. The headline figures can be big as they are usually multi-decade deals and it's nice, consistent revenue, but it likely wouldn't be a game changer for us.

  • The stadium naming rights for Spotify Camp Nou are apparently worth roughly €5m per season.
  • The Emirates deal is shockingly low at around £4m/year for the stadium portion.
  • The Etihad is around £20m/year (and likely inflated).
  • The NFL's Kansas City Chiefs did something we may look at as they didn't want to lose the Arrowhead Stadium name, so for $4m per year it's GEHA Field at Arrowhead Stadium.
  • New York's MetLife stadium (home of the Giants and Jets) is $16m/year, the same as baseball's New York Mets Citi Field. Both were new stadiums at the time, which is more attractive to the sponsor.
  • One of the biggest deals is SoFi Stadium (also new), home of the NFL's LA Rams and Chargers, for $30m per season (20 year deal). LA is also home to what I think is the biggest deal in the world, Crypto.com arena (home of the Lakers and, for now, Clippers) for $35m/year.

My guess is anything above £4-8m would get pushback (maybe £10-15m if we built a new stadium). It's a new squad player, not a shopping bonanza.

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The City deal is a bad benchmark for a number of reasons:

  • The original 10 year, £400m Eithad shirt and stadium deal from 2011 is probably the most infamous example of an obviously inflated sponsorship
  • It was/is a huge part of charges brought against the club due to allegations it was largely funded by Mansour himself
  • It includes not just the stadium, but the whole "Etihad Campus" so it's also a training ground sponsorship
  • While the stadium wasn't brand new at the time it also didn't carry an historic name. City of Manchester Stadium doesn't exactly roll off the tongue.
  • Since that deal was signed to the time it theoretically expired (2020/21) they won four PL titles and became a global club, which allows them to justify it more now
  • I say theoretically because I don't think they've actually announced a new deal / extension, but Etihad is still plastered on everything. It seems to have been done in secret with little fanfare presumably because it's tied to the aforementioned charges
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11 minutes ago, The College Dropout said:

I would love us to challenge this in court as anti-competitive.  
 

In no other line of business is a company limited its investments by its revenue. That’s the entire point of Venture Capital. Invest to grow. 

I’m sure a lot would, the problem is, I’m pretty sure 1 club can’t challenge the PL rules and regulations (yes I know a rule can’t override the law) but I’m certain PL clubs must sign up to and abide by all rules and regulations the league sets out at the start of every season.
when we got them to the hearing over the takeover, we got them that far because Ashley didn’t sign the rules and regulations at the start of that season, a mistake they will probably never let a club repeat. 
 

what I will say is though, I do think that is man city’s nuclear option if it looks like it’s going badly for them in the FFP case with the PL, a legal challenge to FFP for being anticompetitive 

 

 

Edited by nufcnick

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