HaydnNUFC Posted November 14, 2021 Share Posted November 14, 2021 Aramco would've been the nicest looking sponsor but doubt we could have that due to its ties to PIF. Link to post Share on other sites More sharing options...
Khalidao Posted November 14, 2021 Share Posted November 14, 2021 4 minutes ago, HaydnNUFC said: Aramco would've been the nicest looking sponsor but doubt we could have that due to its ties to PIF. If regulations prevent a PIF-owned company from sponsoring Newcastle Utd then Aramco is more likely than Qiddiya and NEOM. NEOM and Qiddiya are %100 owned by PIF. Aramco is 98% owned by PIF. Maybe eventually Saudia will be the sponsor but it's owned by the state which also "own" PIF You can bet PL will challenge the legality of any potential sponsorship deal. Link to post Share on other sites More sharing options...
SAK Posted November 14, 2021 Share Posted November 14, 2021 16 minutes ago, HaydnNUFC said: Aramco would've been the nicest looking sponsor but doubt we could have that due to its ties to PIF. PIF don’t own Aramco, our new chairman is the chairman of both though but that doesn’t mean it’s a party related as PIF and Aramco are independent of each other. Or do I understand wrongly? Link to post Share on other sites More sharing options...
Kanji Posted November 14, 2021 Share Posted November 14, 2021 98.5% of Aramco is owned by the Gov of Saudi Link to post Share on other sites More sharing options...
Scoot Posted November 14, 2021 Share Posted November 14, 2021 17 minutes ago, Khalidao said: If regulations prevent a PIF-owned company from sponsoring Newcastle Utd then Aramco is more likely than Qiddiya and NEOM. NEOM and Qiddiya are %100 owned by PIF. Aramco is 98% owned by PIF. Maybe eventually Saudia will be the sponsor but it's owned by the state which also "own" PIF You can bet PL will challenge the legality of any potential sponsorship deal. Well, the Premier league have told us they have the legal papers which prove PIF is separate from the Saudi state. Its the Saudi state who 98% own aramco so as far as we're concerned we could be sponsored by them. Link to post Share on other sites More sharing options...
Ben Posted November 14, 2021 Share Posted November 14, 2021 13 minutes ago, Kanji said: 98.5% of Aramco is owned by the Gov of Saudi Champion we'll just say our sponsor money comes from the 1.5% Link to post Share on other sites More sharing options...
HaydnNUFC Posted November 14, 2021 Share Posted November 14, 2021 6 minutes ago, Scoot said: Well, the Premier league have told us they have the legal papers which prove PIF is separate from the Saudi state. Its the Saudi state who 98% own aramco so as far as we're concerned we could be sponsored by them. Al-Rumayyan is the chairman of Aramco though, would that not come into play? If we're being sponsored by a Saudi company I'd like it to be Aramco, as I said before it'll be the nicest looking sponsor we could get imo. Link to post Share on other sites More sharing options...
Khalidao Posted November 14, 2021 Share Posted November 14, 2021 1 minute ago, Scoot said: Well, the Premier league have told us they have the legal papers which prove PIF is separate from the Saudi state. Its the Saudi state who 98% own aramco so as far as we're concerned we could be sponsored by them. I haven't followed the takeover proceedings but PIF is owned wholly by the Government of Saudi Arabia, it's a well-known fact. I have no idea how the PL proved otherwise As for Aramco's ownership, as far as I know, its 98% ownership was transferred to be directly under PIF 3-4 years ago. Maybe there were changes later that I didn't update myself with. Link to post Share on other sites More sharing options...
Kanji Posted November 14, 2021 Share Posted November 14, 2021 3 minutes ago, HaydnNUFC said: Al-Rumayyan is the chairman of Aramco though, would that not come into play? If we're being sponsored by a Saudi company I'd like it to be Aramco, as I said before it'll be the nicest looking sponsor we could get imo. Would have to depend on the governance of Aramco - what is the Chairman of the Board’s involvement in sponsorship and marketing deals. FYI, any sponsorship of Newcastle United by any of these Saudi companies rumored would be so immaterial to them w/r/t % of revenue or % of expenses to those respective companies. Like wouldn’t even show up in a rounding error. Link to post Share on other sites More sharing options...
Ben Posted November 14, 2021 Share Posted November 14, 2021 Would the Premier league allow the Saudis to be the main sponsor of the league instead of Barclays ? Link to post Share on other sites More sharing options...
Kanji Posted November 14, 2021 Share Posted November 14, 2021 When they outbid them, sure. Link to post Share on other sites More sharing options...
Kanji Posted November 14, 2021 Share Posted November 14, 2021 I don’t know Link to post Share on other sites More sharing options...
Fantail Breeze Posted November 14, 2021 Share Posted November 14, 2021 1 hour ago, Ben said: Would the Premier league allow the Saudis to be the main sponsor of the league instead of Barclays ? The PL would let Scar from Lion King sponsor them if he outbid everyone else. Their morals are closely aligned to their wallets. Like most Torys. Link to post Share on other sites More sharing options...
TheHoob Posted November 14, 2021 Share Posted November 14, 2021 1 hour ago, Khalidao said: I haven't followed the takeover proceedings but PIF is owned wholly by the Government of Saudi Arabia, it's a well-known fact. I have no idea how the PL proved otherwise As for Aramco's ownership, as far as I know, its 98% ownership was transferred to be directly under PIF 3-4 years ago. Maybe there were changes later that I didn't update myself with. They'd received assurances that NUFC wouldn't be controlled by the Saudi State, not that they weren't linked iirc. Link to post Share on other sites More sharing options...
nbthree3 Posted November 14, 2021 Share Posted November 14, 2021 As above, https://www.premierleague.com/news/2283712 "The Premier League has now received legally binding assurances that the Kingdom of Saudi Arabia will not control Newcastle United Football Club" Link to post Share on other sites More sharing options...
Gordyola Posted November 15, 2021 Share Posted November 15, 2021 14 hours ago, Ben said: Would the Premier league allow the Saudis to be the main sponsor of the league instead of Barclays ? The PL don't have a title sponsor anymore, the reason for this is the clubs are compromised in the choice of sponsors, for example NatWest aren't going to sponsor a club playing in the Barclays PL City don't wear the Emirates FA Cup branding on their shirts due to the Etihad sponsorship Link to post Share on other sites More sharing options...
cosmic Posted November 16, 2021 Share Posted November 16, 2021 https://news.sky.com/story/premier-league-chairman-hoffman-to-resign-amid-clubs-fury-over-newcastle-deal-12470160 Hoffman taking the blame instead of Masters Link to post Share on other sites More sharing options...
SAK Posted November 16, 2021 Share Posted November 16, 2021 Looks like Hoffman may resign this week due to pressure from other clubs re allowing the takeover. Link to post Share on other sites More sharing options...
Abacus Posted November 16, 2021 Share Posted November 16, 2021 But of course, we've been told there was no pressure from other clubs to try and block it ... Link to post Share on other sites More sharing options...
LV Posted November 16, 2021 Share Posted November 16, 2021 3 minutes ago, Abacus said: But of course, we've been told there was no pressure from other clubs to try and block it ... There’s even folk in here who deny it. Link to post Share on other sites More sharing options...
Ben Posted November 16, 2021 Share Posted November 16, 2021 Fifa proven to be a totally corrupt organization confirmed by Interpol and the FBI ......................clubs say nowt Qatar and Russia buy World cups........................clubs say nowt Qatar kills thousands of immigrant workers building cities and football stadiums .....................clubs say nowt Newcastle get a takeover which potentially affects the clubs ability to make more money than the extraordinary amount they currently rake in...................fuckin hell on Link to post Share on other sites More sharing options...
Kanji Posted November 16, 2021 Share Posted November 16, 2021 Insane that it's not being talked about - the other clubs "have had no influence" but they are allowed to pressure the chairman to resign following allowing the takeover. It isn't their place :lol: Link to post Share on other sites More sharing options...
Dr Jinx Posted November 16, 2021 Share Posted November 16, 2021 He was brought in to stop it, eventually failed at his remit, so now they have no need for him. Creates a nice little narrative on his way out. Expect the negative articles to continue for a time, things will eventually move on though. Nothing to worry about. Link to post Share on other sites More sharing options...
LV Posted November 16, 2021 Share Posted November 16, 2021 The truth will out one day. Truth always comes out eventually. Link to post Share on other sites More sharing options...
NUFC_Chris Posted November 16, 2021 Share Posted November 16, 2021 Still whinging. Bless. Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now