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

[TheBrownBottle]

9 minutes ago, r0cafella said:

Anyways, as we are both seemingly questioning the stated goals, what do you think they really are? Ride the valuation up and wait for the correct moment to exit? More of a traditional investment?

At the moment, my money would be on a traditional investment.  Maximise what the club can be in the current market under its own steam, potentially sell when it’s judged to have peaked.  

[TheBrownBottle]

Just now, et tu brute said:

The doom duo going strong this morning I see 

It’s afternoon here in Australia.  But the time of day hasn’t impacted my doom mongering  

[r0cafella]

4 minutes ago, et tu brute said:

The doom duo going strong this morning I see 

Good morning to you Mr Hopium. 

[r0cafella]

3 minutes ago, TheBrownBottle said:

It’s afternoon here in Australia.  But the time of day hasn’t impacted my doom mongering  

Aye, I’ve just had a satisfying lunch here in Singapore as well. But ditto on the time of the day having no bearing on my assessments.

 

and again, just to be clear I’d like nothing more than to be totally wrong  

[Keegans Export]

5 minutes ago, TheBrownBottle said:

Yes, which is not the same as being ‘no 1’ or ‘we will win the premier league, we will win the champions league’ etc. 

I think winning a major trophy probably does make you number 1? At least temporarily. Doesn't make you Real Madrid obviously.

 

I suppose that's just a technicality but if you offered me regular top 6 and a major trophy in the next five years I'd be absolutely ecstatic. 

[SUPERTOON]

The key thing though is it wasn’t just us voting them in, Villa have huge ambitions and they voted in favour. Further down, Forest and Everton are basically at war over FFP yet they voted in favour as well. I just can’t see us and those 3 voting in tighter restrictions.

[The Prophet]

It is baffling that PIF haven't planned, wrangled for and executed a state of the art training complex, potentially with facilities for the academy and women's team, with minimal staff, in circa two and a half years.

[Jackie Broon]

2 hours ago, TheBrownBottle said:

At the moment, my money would be on a traditional investment.  Maximise what the club can be in the current market under its own steam, potentially sell when it’s judged to have peaked.  

 

They've put in £400m on the books already, plus potentially other off the books stuff like the Sela Adidas partnership and associated party sponsorships.

 

If we are an investment we're probably past the peak already, and they'd currently need to get £700m just to break even on the on the books investment.

 

 

[TheBrownBottle]

1 hour ago, Jackie Broon said:

 

They've put in £400m on the books already, plus potentially other off the books stuff like the Sela Adidas partnership and associated party sponsorships.

 

If we are an investment we're probably past the peak already, and they'd currently need to get £700m just to break even on the on the books investment.

 

 

I think they’d get more than that tbh.  I also don’t think we’re at peak investment 

[Joelinton7]

5 hours ago, et tu brute said:

The doom duo going strong this morning I see 

The whiner and the wino?

[Fezzle]

6 hours ago, et tu brute said:

The doom duo going strong this morning I see 

Don't worry the lad who only posts about us taking them to court will be in the way soon 

[LFEE]

6 hours ago, TheBrownBottle said:

Yes, which is not the same as being ‘no 1’ or ‘we will win the premier league, we will win the champions league’ etc. 

That was said before they brought in new rules I believe. Also was said to be an aim/goal. Not we will.

 

6 hours ago, Keegans Export said:

Didn't Darren Eales say a few weeks ago, on the record, that our aim is top 6 and major trophies within 5 years?

 

This was the most recent vision statement based on current rules. With the word “competing” for major trophies in 5 years to give its true context.

 

[huss9]

7 hours ago, r0cafella said:

I thought I was going mad, glad I wasn’t the only one who noticed this. 
 

on a practical level, I don’t see how we can challenge rules our owners have voted for either. 

i just see what PIF did to the golfing world, yet not a peep against the status quo thats holding NUFC back.

doesnt make sense unless we're really not a priority.

[The Prophet]

1 hour ago, huss9 said:

i just see what PIF did to the golfing world, yet not a peep against the status quo thats holding NUFC back.

doesnt make sense unless we're really not a priority.

 

Unless they think they can have us challenging within the rules?

 

 

Edited April 12 by The Prophet

[huss9]

1 minute ago, The Prophet said:

 

Unless they think they can have us challenging within thr rules?

which is almost impossible.

[The Prophet]

Just now, huss9 said:

which is almost impossible.

 

Do you think?

 

I don't think it's impossible, but it'd take a decent chunk of time and smart executive management.

[huss9]

1 minute ago, The Prophet said:

 

Do you think?

 

I don't think it's impossible, but it'd take a decent chunk of time and smart executive management.

what do you consider a decent amount of time though?

[The Prophet]

1 minute ago, huss9 said:

what do you consider a decent amount of time though?

 

Well it took City around three and a half years to win their first league title. In that time their revenue jumped from around €100 million to €300 million. It's now circa €800 million. That of course began in a regulation free market where they could spend freely. We also know there may also have been an element of dishonesty about that growth.

 

It depends what we're looking for. If we continue to grow the revenue at a reasonable pace and we're smart with recruitment, I don't see why we can't compete more regularly in a few years.

 

If we're talking consistent trophies and commercial revenue on par with the more successful members of the big six, you're talking well over a decade though.

[huss9]

unfortunately the big 6 are going to slowly grow their revenue too.

we'll need to grow just to stand still (if you get what i mean).

[The Prophet]

1 hour ago, huss9 said:

unfortunately the big 6 are going to slowly grow their revenue too.

we'll need to grow just to stand still (if you get what i mean).

 

In theory we should be able to grow a lot quicker because we've a lot more untapped opportunities and quick wins. The more we generate, the harder it'll get.

 

We also don't need to match them to be competitive if we're smart, granted we will if we want to be a mainstay at the very top end. 

 

 

Edited April 12 by The Prophet

[Keegans Export]

1 hour ago, LFEE said:

 

This was the most recent vision statement based on current rules. With the word “competing” for major trophies in 5 years to give its true context.

 

From the Fan Engagement thing, just over a month ago;

 

Quote

We’re going to build a results-driven, world class, sustainable organisation that consistently achieves top six status for men’s and women’s teams and wins major trophies, within the next five years.

 

[LFEE]

27 minutes ago, Keegans Export said:

From the Fan Engagement thing, just over a month ago;

 

 

Wins or competes is his mantra in this interview on the record along with sustainable top 6 club. Which is a sensible realistic statement…

 

 

Here’s the Fan Engagement link and no sign of your quote. Where did you lift it from? Not that it’s wildly different but it is ultimately different to saying we are going to win things. That would be silly. Try to compete to win things as above is fair and sensible.

 

https://www.nufc.co.uk/media/79761/fep_august-2023.pdf

[Keegans Export]

5 minutes ago, LFEE said:

Wins or competes is his mantra in this interview on the record along with sustainable top 6 club. Which is a sensible realistic statement…

 

 

Here’s the Fan Engagement link and no sign of your quote. Where did you lift it from? Not that it’s wildly different but it is ultimately different to saying we are going to win things. That would be silly. Try to compete to win things as above is fair and sensible.

 

https://www.nufc.co.uk/media/79761/fep_august-2023.pdf

A link to the minutes of the meeting in Feb are linked HERE , that's where the quote is pulled from. 

[LFEE]

I found this @Keegans Export but if you notice the bit you quoted isn’t in full quotation marks. You’ve got to be careful as websites take liberties…

 

A presentation was delivered referencing the club’s established vision:

‘We’re going to build a results-driven, world class, sustainable organisation that consistently achieves top six status for men’s and women’s teams and wins major trophies, within the next five years.’

DE gave further context to the club’s progress:

“The club’s revenue growth over the last two seasons and into this season has been incredible.

“Off the pitch, because we started from a low revenue base, we are still a long way behind the top six in the Premier League. Since we can only spend a percentage of revenue, we always look to spend the maximum we can on the team within Profit and Sustainability Rules (PSR).

“This means it is vital that we look at ways to raise revenue streams, whether through matchday, St. James’ STACK, commercial partnerships, retail/merchandise, tours, hospitality and events.”

[Keegans Export]

4 minutes ago, LFEE said:

I found this @Keegans Export but if you notice the bit you quoted isn’t in full quotation marks. You’ve got to be careful as websites take liberties…

 

A presentation was delivered referencing the club’s established vision:

‘We’re going to build a results-driven, world class, sustainable organisation that consistently achieves top six status for men’s and women’s teams and wins major trophies, within the next five years.’

DE gave further context to the club’s progress:

“The club’s revenue growth over the last two seasons and into this season has been incredible.

“Off the pitch, because we started from a low revenue base, we are still a long way behind the top six in the Premier League. Since we can only spend a percentage of revenue, we always look to spend the maximum we can on the team within Profit and Sustainability Rules (PSR).

“This means it is vital that we look at ways to raise revenue streams, whether through matchday, St. James’ STACK, commercial partnerships, retail/merchandise, tours, hospitality and events.”

It's from the Official minutes of the meeting itself. The club published them, along with NUST.