PIF and RB Sports & Media

[gjohnson]

On 15/10/2024 at 11:06, TRon said:

 

Said this many times now, but what motive is there to invest in the area for the Saudis if they are not allowed to invest in a winning team which they can be associated with?

 

I always said that for them to do that it would have to be a vanity project, and if you aren't allowed to be winners, then you can understand why it then just becomes an investment. In which case why would you spend a boatload of money on city projects you don't get a return from?

 

 

I think we were intended as a vanity project ala Qatar/PSG originally, but the obstacles weren't expected. So either we're a slow burn profile raising exercise, or a step to make profit. 

 

They could probably get double what they paid for us by selling now, but given the lack of rumour/whispers/garbage on that it doesn't appear likely so implies that it could be seen as long term low risk investment. Kind of like the suspect financial advisors always go for....shove your pension into a high risk strategy and you could be a millionaire next week or broke the week after, compared to low risk...you might only make a tenner a month but you won't lose