Scoot Posted March 10 Share Posted March 10 17 minutes ago, Dr Jinx said: Aside from selling the players we don't want to sell.. who exactly aside from Minteh and Anderson could we have sold? There was no interest You know this for certain yeah?? Link to post Share on other sites More sharing options...
Dr Jinx Posted March 10 Share Posted March 10 6 minutes ago, Scoot said: You know this for certain yeah?? I think it's safe to make an assumption that Anderson or Minteh may not have been sold if there was strong interest in any other players like Targett, Lascelles, Longstaff etc. We may have had to sell one of them to bridge the PSR gap, but there wasn't the interest. No bid or indeed firm interest stays hidden. Link to post Share on other sites More sharing options...
Dokko Posted March 10 Share Posted March 10 8 hours ago, kingxlnc said: agreed, not as CEO. That needs a specific type. Eales was a good fit. She could defo be Chief Information Officer or Communications Officer tho - then it'd be worth subscribing to the Athletic for all the exclusives Caulkin would get A CIO is information technology. Link to post Share on other sites More sharing options...
Kanj Posted March 10 Share Posted March 10 1 hour ago, Dokko said: A CIO is information technology. CIO is also Chief Investment Officer. Link to post Share on other sites More sharing options...
Dokko Posted March 10 Share Posted March 10 20 minutes ago, Kanj said: CIO is also Chief Investment Officer. "She could defo be Chief Information Officer" I was abbreviating what they said. Link to post Share on other sites More sharing options...
TheBrownBottle Posted March 10 Share Posted March 10 4 hours ago, Kanj said: People casually ignoring we had a CEO, CFO and other board members present at the time who all signed off on the club's direction. They weren’t the ones with the management contract - they reported to Staveley and co. It is pretty obvious why she’s no longer in the building. Link to post Share on other sites More sharing options...
Jackie Broon Posted March 11 Share Posted March 11 10 hours ago, TheBrownBottle said: They weren’t the ones with the management contract - they reported to Staveley and co. It is pretty obvious why she’s no longer in the building. Her impending bankruptcy was a more obvious reason. Link to post Share on other sites More sharing options...
TheBrownBottle Posted March 11 Share Posted March 11 2 hours ago, Jackie Broon said: Her impending bankruptcy was a more obvious reason. I seriously doubt that reputational damage arsed PIF one iota. She had a management contract and dropped the ball. Link to post Share on other sites More sharing options...
Jackie Broon Posted March 11 Share Posted March 11 (edited) 24 minutes ago, TheBrownBottle said: I seriously doubt that reputational damage arsed PIF one iota. She had a management contract and dropped the ball. It wouldn't have necessarily been about reputational damage, she literally couldn't afford to keep her stake, that's the most obvious reason why she left. Edited March 11 by Jackie Broon Link to post Share on other sites More sharing options...
Keegans Export Posted March 11 Share Posted March 11 Wouldn't bankruptcy force her to step down as a director anyway? Link to post Share on other sites More sharing options...
mighty__mag Posted March 11 Share Posted March 11 https://inews.co.uk/sport/football/how-newcastle-fund-stadium-plan-transfers-3575903 Good read, let's hope PIF write the cheque in its entirety. Link to post Share on other sites More sharing options...
The Prophet Posted March 12 Share Posted March 12 (edited) https://x.com/LukeEdwardsTele/status/1899795785593594064 Revealed: Newcastle to launch ‘Project 2030’ to disrupt English football elite Exclusive: Saudi-owned club have five-year plan to become powerful force in domestic and European game Newcastle United are ready to launch ‘Project 2030’ as they move into the second phase of the club’s quest for growth under Saudi Arabia’s Public Investment Fund. After last month’s board meeting, led by chairman Yasir Al-Rumayyan, there will be a renewed push over the next five years to establish Newcastle as a powerful force in English and European football, with insiders labelling it ‘Project 2030’. Rather than suggest PIF’s interest in Newcastle is waning, Al-Rumayyan insisted it remains committed to turning the club into one of the leading football operations and has challenged all department heads to deliver a plan to get there. Sources have told Telegraph Sport the chairman was full of enthusiasm for the project and believes a five-year timescale is a realistic one to turn them into a club who compete for silverware every season, regularly play in the Champions League and eventually compete for the Premier League title. The ambition also extends to the women’s team with the aim to achieve promotion to the WSL. The 2030 date is a loose deadline and is not cast in stone, but the intention is to continue to close the revenue gap on the traditional “Big Six” and strive to build a squad who are competitive in the latter stages of every competition they play in. Having freed themselves of their constraints related to profit and sustainability rules (PSR) over the last 12 months with some difficult player sales, Newcastle are in a position to not only strengthen their squad, but also keep hold of their big-name players like in-demand striker Alexander Isak. Sporting director Paul Mitchell is yet to sign a marquee player after replacing Dan Ashworth in July last year, as he has had to deal with the club’s PSR issue first. That meant moving on the likes of Miguel Almiron and Lloyd Kelly in January to give them more flexibility to spend in the next transfer window. But an ambitious summer is being discussed which will see Newcastle strengthen their squad in every department. In turn, Al-Rumayyan has also praised the job done by manager Eddie Howe and has once again reaffirmed that they see the 47-year-old as a long-term appointment and the man to help build the team into a trophy-winning side. Key pillars of Project 2030 Winning a trophy When Howe was interviewed for the job in 2021, he insisted the League Cup was the most realistic target as a first trophy for the new regime. Newcastle have reached the final for the second time in three years and he deserves a huge amount of credit for that. Newcastle face a daunting test at Wembley on Sunday and will have to beat the best team in the country in Liverpool if they are going to end a 70-year wait for a domestic trophy. But there is quiet confidence behind the scenes that the players and staff will be better equipped to succeed after their experience of losing to Manchester United two years ago. The occasion arguably got to them in 2023, with all the excitement of reaching a first cup final since 1999, but things have been a lot calmer this time around. Winning a major piece of silverware will be a huge step towards becoming regular trophy winners in the same way that Manchester City did by winning the FA Cup in 2011. New stadium The release of designs for Manchester United’s new stadium this week has whetted the appetite on Tyneside for details of Newcastle’s own plan to modernise. The internal preference, as revealed by Telegraph Sport, is to build a new home adjacent to St James’ Park, using an overlapping footprint, that will mean the new stadium is built on some of the land currently occupied by the club. The capacity will be about 68-69,000 and it will cost in the region of £1.5billion. Work has been going on behind the scenes for some time, although they are still considering a back-up option, which would modernise and expand St James’ Park to a capacity well in excess of 60,000, at an estimated cost of £800 million. The club continue to insist a final decision has not been made, but the idea is to have completed construction of either project in the early 2030s. Rejuvenating and strengthening squad There has long been a view that this Newcastle team have almost reached the end of their shelf life and are in need of an overhaul. The core of the squad is the same as the one that successfully escaped from relegation immediately after the takeover in 2021, with Kieran Trippier (34), Callum Wilson (33), Fabian Schar (33), Dan Burn (32) and Martin Dubravka (36) in the latter stages of their careers. Others like Sean Longstaff, Joelinton and Joe Willock were part of the team under former manager Steve Bruce. Mitchell has a track record in recruitment and he will look to reduce the average age of the squad in the summer, signing young talent from abroad, as well as one or two more established domestic talents. Player trading will remain important, although there is a desire to keep all their big names in the summer. Closing revenue gap Newcastle have made good progress and revenue has grown to a club record £320 million a year according to the latest set of accounts. But that is still some way short of the established Big Six. Arsenal’s revenue was £616.6 million in 2024, Liverpool’s stands at £614 million, while Tottenham Hotspur’s is £539.6 million for the same period. Manchester City’s is a whopping £715 million with Manchester United boasting revenue of £661.8 million. The gap remains a huge one. Until Newcastle can spend as much money on wages and transfers as the richest clubs in the country it will severely hinder their chances of success on the pitch. PIF has seemed reluctant to pump extra money into the club through related-party (APT) sponsorship deals from Saudi Arabian companies and there will be huge pressure on the commercial team at Newcastle to turbo-charge external investment into the club. Whether Manchester City’s ongoing legal battle with the Premier League over APT sponsorship rules encourages PIF to announce more deals with companies they are also linked with remains to be seen. But it would be the quickest and easiest way to close the revenue gap. Edited March 12 by The Prophet Link to post Share on other sites More sharing options...
JT24 Posted March 12 Share Posted March 12 8 minutes ago, The Prophet said: https://x.com/LukeEdwardsTele/status/1899795785593594064 Revealed: Newcastle to launch ‘Project 2030’ to disrupt English football elite Exclusive: Saudi-owned club have five-year plan to become powerful force in domestic and European game Newcastle United are ready to launch ‘Project 2030’ as they move into the second phase of the club’s quest for growth under Saudi Arabia’s Public Investment Fund. After last month’s board meeting, led by chairman Yasir Al-Rumayyan, there will be a renewed push over the next five years to establish Newcastle as a powerful force in English and European football, with insiders labelling it ‘Project 2030’. Rather than suggest PIF’s interest in Newcastle is waning, Al-Rumayyan insisted it remains committed to turning the club into one of the leading football operations and has challenged all department heads to deliver a plan to get there. Sources have told Telegraph Sport the chairman was full of enthusiasm for the project and believes a five-year timescale is a realistic one to turn them into a club who compete for silverware every season, regularly play in the Champions League and eventually compete for the Premier League title. The ambition also extends to the women’s team with the aim to achieve promotion to the WSL. The 2030 date is a loose deadline and is not cast in stone, but the intention is to continue to close the revenue gap on the traditional “Big Six” and strive to build a squad who are competitive in the latter stages of every competition they play in. Having freed themselves of their constraints related to profit and sustainability rules (PSR) over the last 12 months with some difficult player sales, Newcastle are in a position to not only strengthen their squad, but also keep hold of their big-name players like in-demand striker Alexander Isak. Sporting director Paul Mitchell is yet to sign a marquee player after replacing Dan Ashworth in July last year, as he has had to deal with the club’s PSR issue first. That meant moving on the likes of Miguel Almiron and Lloyd Kelly in January to give them more flexibility to spend in the next transfer window. But an ambitious summer is being discussed which will see Newcastle strengthen their squad in every department. In turn, Al-Rumayyan has also praised the job done by manager Eddie Howe and has once again reaffirmed that they see the 47-year-old as a long-term appointment and the man to help build the team into a trophy-winning side. Key pillars of Project 2030 Winning a trophy When Howe was interviewed for the job in 2021, he insisted the League Cup was the most realistic target as a first trophy for the new regime. Newcastle have reached the final for the second time in three years and he deserves a huge amount of credit for that. Newcastle face a daunting test at Wembley on Sunday and will have to beat the best team in the country in Liverpool if they are going to end a 70-year wait for a domestic trophy. But there is quiet confidence behind the scenes that the players and staff will be better equipped to succeed after their experience of losing to Manchester United two years ago. The occasion arguably got to them in 2023, with all the excitement of reaching a first cup final since 1999, but things have been a lot calmer this time around. Winning a major piece of silverware will be a huge step towards becoming regular trophy winners in the same way that Manchester City did by winning the FA Cup in 2011. New stadium The release of designs for Manchester United’s new stadium this week has whetted the appetite on Tyneside for details of Newcastle’s own plan to modernise. The internal preference, as revealed by Telegraph Sport, is to build a new home adjacent to St James’ Park, using an overlapping footprint, that will mean the new stadium is built on some of the land currently occupied by the club. The capacity will be about 68-69,000 and it will cost in the region of £1.5billion. Work has been going on behind the scenes for some time, although they are still considering a back-up option, which would modernise and expand St James’ Park to a capacity well in excess of 60,000, at an estimated cost of £800 million. The club continue to insist a final decision has not been made, but the idea is to have completed construction of either project in the early 2030s. Rejuvenating and strengthening squad There has long been a view that this Newcastle team have almost reached the end of their shelf life and are in need of an overhaul. The core of the squad is the same as the one that successfully escaped from relegation immediately after the takeover in 2021, with Kieran Trippier (34), Callum Wilson (33), Fabian Schar (33), Dan Burn (32) and Martin Dubravka (36) in the latter stages of their careers. Others like Sean Longstaff, Joelinton and Joe Willock were part of the team under former manager Steve Bruce. Mitchell has a track record in recruitment and he will look to reduce the average age of the squad in the summer, signing young talent from abroad, as well as one or two more established domestic talents. Player trading will remain important, although there is a desire to keep all their big names in the summer. Closing revenue gap Newcastle have made good progress and revenue has grown to a club record £320 million a year according to the latest set of accounts. But that is still some way short of the established Big Six. Arsenal’s revenue was £616.6 million in 2024, Liverpool’s stands at £614 million, while Tottenham Hotspur’s is £539.6 million for the same period. Manchester City’s is a whopping £715 million with Manchester United boasting revenue of £661.8 million. The gap remains a huge one. Until Newcastle can spend as much money on wages and transfers as the richest clubs in the country it will severely hinder their chances of success on the pitch. PIF has seemed reluctant to pump extra money into the club through related-party (APT) sponsorship deals from Saudi Arabian companies and there will be huge pressure on the commercial team at Newcastle to turbo-charge external investment into the club. Whether Manchester City’s ongoing legal battle with the Premier League over APT sponsorship rules encourages PIF to announce more deals with companies they are also linked with remains to be seen. But it would be the quickest and easiest way to close the revenue gap. Sounds like a perfect opportunity to be sponsored by Vision 2030 for a lot of money. Link to post Share on other sites More sharing options...
duo Posted March 12 Share Posted March 12 Nothing article essentially Link to post Share on other sites More sharing options...
r0cafella Posted March 12 Share Posted March 12 1 minute ago, duo said: Nothing article essentially Yup but I appreciate it being shared. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted March 12 Share Posted March 12 1 hour ago, duo said: Nothing article essentially Is it? Made me quite moist. Link to post Share on other sites More sharing options...
Jackie Broon Posted March 12 Share Posted March 12 1 hour ago, duo said: Nothing article essentially Although, notably the most positive article Edwards has ever written / fabricated. Link to post Share on other sites More sharing options...
SUPERTOON Posted March 12 Share Posted March 12 Pretty sure the media have referenced phase two of the takeover numerous times now. Link to post Share on other sites More sharing options...
The College Dropout Posted March 12 Share Posted March 12 Think that’s good news. Link to post Share on other sites More sharing options...
The College Dropout Posted March 12 Share Posted March 12 Think that’s good news. Still don’t understand the plan as to how we close the revenue gap. ‘More pressure on commercial team’ isn’t a plan. Link to post Share on other sites More sharing options...
JT24 Posted March 12 Share Posted March 12 1 minute ago, The College Dropout said: Think that’s good news. Still don’t understand the plan as to how we close the revenue gap. ‘More pressure on commercial team’ isn’t a plan. Especially if they’re reluctant to do APT. Link to post Share on other sites More sharing options...
Dr Jinx Posted March 12 Share Posted March 12 We've been waiting for PIF to flex since they came in.. will it happen this summer? Link to post Share on other sites More sharing options...
Sima Posted March 12 Share Posted March 12 No. Link to post Share on other sites More sharing options...
healthyaddiction Posted March 12 Share Posted March 12 (edited) 10 minutes ago, JT24 said: Especially if they’re reluctant to do APT. I'm not sure it's true they've been reluctant to do APTs. Our shirt sponsor is an APT, our sleeve sponsor is an APT, the ground advertising boards are covered in PIF, we've got Saudia as an official travel partner I think. Pretty much all our new sponsors seem to be PIF linked. Edit: Also, one of the three major sales was to a PIF club in Saudi, and one of the others had a deal lined up for Saudi too but rejected it. Edited March 12 by healthyaddiction Link to post Share on other sites More sharing options...
Jackie Broon Posted March 12 Share Posted March 12 2 minutes ago, healthyaddiction said: I'm not sure it's true they've been reluctant to do APTs. Our shirt sponsor is an APT, our sleeve sponsor is an APT, the ground advertising boards are covered in PIF, we've got Saudia as an official travel partner I think. Pretty much all our new sponsors seem to be PIF linked. Edit: Also, one of the three major sales was to a PIF club in Saudi, and one of the others had a deal lined up for Saudi too but rejected it. And we also know from the Man City tribunal that the PL required the Sela deal to be reduced before they accepted it. 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