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Yorkie

by Yorkie
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Rod

Rod

Posted
Posted
1 hour ago, macphisto said:

Without reading the article, I don't think there's too much wrong with the headline. We'll have gone 2 years without a first team signing by the summer, no significant progress off the field, and we are nowhere near exploiting all of the loopholes regarding commercial income. 

 

The above is fine but don't blame PSR; PIF simply either do not want to invest as they initially led us to believe they would  through their statements or are currently reassessing their whole football strategy (Newcastle, Saudi Leauge and World Cup).

 

One other thing to note is maybe Eales was meant to play a more prominent role PR wise but unfortunately he can't do that. 

I blame PSR myself like. ;)

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TRon

TRon

Posted
Posted
3 hours ago, The College Dropout said:

Not reading it. 
 

Amanda made costly mistakes but she did a lot more right and her communication with the fans is the best I’ve ever experienced from leadership.  

 

 

It was a sad day when she left, she was, like Eddie, a great ambassador for the club. But there was nothing she could do about PSR, and she couldn't continue to spend big money without PSR kicking the club in the nuts so she was on borrowed time anyway.

 

It is a pointlessly negative slant by Baldwards as from that point there was basically not much anyone could do differently as far as spending big was concerned.

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TRon

TRon

Posted
Posted
1 hour ago, Jackie Broon said:

 

Because we're a shit investment. If they're lucky they'd maybe just about break even if they sold us tomorrow (not taking into account ehat they're put in with related party sponsorships) and it's going to take many more years of significant front and back door investment to have any hope of closing financial gap to the big 6 and us comparable in value.

 

 

I've yet to see anyone suggest a different owner who would be trustworthy enough to be more aggressive. I suppose Boehly is the obvious comparison, but what are his plans exactly? I don't think he's a Chelsea fan who has bought in because he loves the club, pretty sure he's hoping to make a lot of money off the back of it. But Chelsea did benefit from having gazillions pumped into their coffers by the Russian, so not sure we can emulate them anyway.

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The Prophet

The Prophet

Posted
Posted
1 hour ago, macphisto said:

Without reading the article, I don't think there's too much wrong with the headline. We'll have gone 2 years without a first team signing by the summer, no significant progress off the field, and we are nowhere near exploiting all of the loopholes regarding commercial income. 

 

The above is fine but don't blame PSR; PIF simply either do not want to invest as they initially led us to believe they would  through their statements or are currently reassessing their whole football strategy (Newcastle, Saudi Leauge and World Cup).

 

One other thing to note is maybe Eales was meant to play a more prominent role PR wise but unfortunately he can't do that. 

 

You might be right, but also fair to say PSR is a significant contributing factor in stunting our progress.

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Jackie Broon

Jackie Broon

Posted
Posted
1 hour ago, Unbelievable said:

I know you have a financial background, so I wonder what makes you say we’re a shit investment? We were clearly undervalued at acquisition time (305m), and since then they have roughly invested a further 350m afaik. If they were to sell, what do you think would be a sensible valuation for a club now back on track to be a regular European qualifier and with several assets seen as having increased in value considerably since we bought them?

 

It's actually £442m they have put in to date (together with the Reubens), so they'd need to sell for £747m just to break even. Forbes Value us at £645m.

 

https://www.forbes.com/lists/soccer-valuations/

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Unbelievable

Unbelievable

Posted
Posted
49 minutes ago, Jackie Broon said:

 

It's actually £442m they have put in to date (together with the Reubens), so they'd need to sell for £747m just to break even. Forbes Value us at £645m.

 

https://www.forbes.com/lists/soccer-valuations/

Others have valued us at over 1bn more recently, and surely looking at just the value of the playing side assets 645m seems very low?

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Jackie Broon

Jackie Broon

Posted
Posted (edited)
5 minutes ago, Unbelievable said:

Others have valued us at over 1bn more recently, and surely looking at just the value of the playing side assets 645m seems very low?

 

That was based on what PIF paid Staveley for her shares, it wasn't a true valuation.

 

We still need massive investment in stuff like stadium, academy and training facilities to move forward and are running at a significant loss.

 

Everton have just been sold for £400m, okay they are behind us on the pitch but ahead of us in many ways off it. £645m seems about right.

 

 

Edited by Jackie Broon

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TRon

TRon

Posted
Posted
7 minutes ago, Jackie Broon said:

 

That was based on what PIF paid Staveley for her shares, it wasn't a true valuation.

 

We still need massive investment in stuff like stadium, academy and training facilities to move forward and are running at a significant loss.

 

Everton have just been sold for £400m, okay they are behind us on the pitch but ahead of us in many ways off it. £645m seems about right.

 

 

 

 

 

The real test of Newcastle's value would be if there were interested buyers. Considering how long Ashley had us up for sale at around £300m I would suggest there wouldn't be a huge rush.

 

PIF have inflated the value of the club a long way, but to push it higher now would probably need a lot of investment in infrastructure, and I just don't see anyone out there who would want to take that on, although I am not a money man so could be totally off the mark.

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Jackie Broon

Jackie Broon

Posted
Posted (edited)
8 minutes ago, TRon said:

 

 

The real test of Newcastle's value would be if there were interested buyers. Considering how long Ashley had us up for sale at around £300m I would suggest there wouldn't be a huge rush.

 

PIF have inflated the value of the club a long way, but to push it higher now would probably need a lot of investment in infrastructure, and I just don't see anyone out there who would want to take that on, although I am not a money man so could be totally off the mark.

 

Aye, ultimately it's only worth what someone will pay for it, how many buyers are they likely to be willing to pay 2/3s of a billion for a club that is losing tens of millions of pounds a year, needs massive investment in infrastructure and is completely hamstrung by PSR even with the richest owners in football?

 

I just do not buy that PIF see us as a financial investment, it makes absolutely no sense. 

 

 

Edited by Jackie Broon

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TRon

TRon

Posted
Posted
7 minutes ago, Jackie Broon said:

 

Aye, ultimately it's only worth what someone will pay for it, how many buyers are they likely to be willing to pay 2/3s of a billion for a club that is losing tens of millions of pounds a year, needs massive investment in infrastructure and is completely hamstrung by PSR even with the richest owners in football?

 

I just do not buy that PIF see us as a financial investment, it makes absolutely no sense. 

 

 

 

 

 

Said the same thing many times on here. I wonder if PIF had realised how many obstacles would be thrown in their way, would they still have pushed to buy the club so hard? I always thought for them to be truly invested they would want to win stuff, but this FFP/PSR stuff means it would need some pretty miraculous moves and a fair chunk of luck to get everything lined up.

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Stifler

Stifler

Posted
Posted
9 minutes ago, TRon said:

 

The real test of Newcastle's value would be if there were interested buyers. Considering how long Ashley had us up for sale at around £300m I would suggest there wouldn't be a huge rush.

 

PIF have inflated the value of the club a long way, but to push it higher now would probably need a lot of investment in infrastructure, and I just don't see anyone out there who would want to take that on, although I am not a money man so could be totally off the mark.

I think the trouble with Ashley selling was that he would have initially wanted to sell with SD’s fingers still in the NUFC pie. Staveley et al came along and told him to get his finger out of the pie, and we’ll pay so much.

The amount of chancers he had trying to buy us when he was doing deals with his fingers in the pie was unreal, Henry Mauriss (remember him Edwards, you cunt), and that Mexican company who had a company profile picture that was later revealed to have been faked. Come to think of it, didn’t both of them try to buy a club out of administration and fail?

 

An NUFC sale of the club in future would be SD podgy fingers free and thriving.

 

Not that any of this matters, PIF aren’t ready to sell, and like others, I still think they see us an investment, not a financial one, but maybe an image one, or more likely an access one. They have already invested about £1bn in Teesside since our takeover, look to be buying Newcastle Airport, and are continuously linked with other sports clubs in the area.

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Wandy

Wandy

Posted
Posted

Hopefully they will use the people who redesigned the Bernabeu to design our new stadium. I'd be over the moon if we just built a Bernabeu replica, in terms of internal design, steepness of stands, facilities & technology, proper roof that can fully close etc. It's the greatest football stadium in the world, bar none. I'd like to see the exterior look a bit different though, as the spaceship exterior works a treat in Madrid but would look well out of place in Newcastle city centre.

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toontownman

toontownman

Posted
Posted

Finally some news on the training ground. Looks like we are still at benton for a couple more years though. Women's team and reserves to play at the training ground stadium makes sense. Unless we hit the WSL and move to SJP.

 

Is this conjecture/assumption or did I live under a rock and miss we narrow the stadium options down to these two locations?

 

"although no decision has been taken on who will design the renovation of St James’ Park or a new build on Leazes Park."

 

https://www.dailymail.co.uk/sport/article-14317755/Newcastle-Confidential-training-ground-transfers.html

 

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