PIF and RB Sports & Media

[TK-421]

4 minutes ago, TRon said:

 

 

What could a new owner do any different?

 

 

Show up? Or just show an interest?

[Moose]

1 minute ago, TRon said:

 

 

You can be as patient and strategic as you like, unless you can buy the best players and pay the best wages, you will remain outside of the elite unless somehow every cartel club gets everything wrong and you get everything right. 

 

Yeah true. I wonder if all this was made clear to them before they got involved, if it was then their statements about being #1 or one of the best clubs in the world by 2030 were naïve at best and braindead at worst

[TRon]

1 minute ago, TK-421 said:

Show up? Or just show an interest?

 

That sounds good but in reality you need the best players to win matches, not owners in the stands. 

[Stifler]

11 minutes ago, TRon said:

You can be as patient and strategic as you like, unless you can buy the best players and pay the best wages, you will remain outside of the elite unless somehow every cartel club gets everything wrong and you get everything right. 

Who are they going to buy?

You can’t buy Real Madrid or Barcelona.

They have had the opportunity to buy Inter Milan, and Roma, and not done that.

Chelsea have been bought, they could have thrown money at Liverpool and didn’t, same with Man Utd, Spurs, and Arsenal.

 

At any point they could have just thrown money at buying one of those clubs instead of buying us, giving us money for players, and ultimately having to build a new stadium and training ground.

 

Lastly, as soon as the TV rights move to a direct to the consumer model, the valuation of Premier League clubs will sky rocket. There is no value in selling now.

 

This sort of shit always gets mentioned by the same people whenever we have a bad result and go through a bad time.

Richard Keys for example was saying that they walked away during the transfer saga. He said they were going to sell us to buy Inter. He said they were going to sell us the season we finished 7th. He said they were going to sell us to buy Man Utd during their takeover saga with the fake Sheik and Roland Rat.

 

 

Edited March 24 by Stifler

[Jackie Broon]

I think there is some rose tinted looking back at when Staveley was here, yes she was visible a lot of the time but there were long periods without much being communicated from her, and not much detail given when she did. Notwithstanding the ethical considerations of being owned by PIF we're not going to get better owners, they've put £150m into the club since September alone!

 

We could have been one of the sky 6 under our own steam if Keegan's legacy hadn't been dismantled in the late 90s, but we missed that boat.

 

As things are now there is no realistic prospect of us being where we currently are without a benefactor owner willing to pump in £30m+ per season without expecting a return. An owner who gives the club £150m for two shares without saying a word about it is better than a communicative one that can't or won't do that.

 

 

[Conjo]

Wouldn't mind if we never heard from PIF ever again as long as they let the people running the club just get on with things and deliver on their early promise of training field and new or expanded stadium. Promises of sporting success are dumb, as you can never guarantee to deliver on those, but they can on infrastructure.

[TRon]

16 minutes ago, Jackie Broon said:

I think there is some rose tinted looking back at when Staveley was here, yes she was visible a lot of the time but there were long periods without much being communicated from her, and not much detail given when she did. Notwithstanding the ethical considerations of being owned by PIF we're not going to get better owners, they've put £150m into the club since September alone!

 

We could have been one of the sky 6 under our own steam if Keegan's legacy hadn't been dismantled in the late 90s, but we missed that boat.

 

As things are now there is no realistic prospect of us being where we currently are without a benefactor owner willing to pump in £30m+ per season without expecting a return. An owner who gives the club £150m for two shares without saying a word about it is better than a communicative one that can't or won't do that.

 

 

 

 

Staveley was a great ambassador for the club, but ultimately she was about the sales pitch. She would have sold us as a great investment project to PIF, and that has been realised since they will more than double their outlay if they sell up. She would also have known fine well that we have no realistic route to being Number 1 but which owner doesn't want to sell that vision? 

 

Truth is, it is almost impossible, but if PIF can't do it, what are the chances anyone else will?

 

 

[Jackie Broon]

10 minutes ago, TRon said:

 

 

Staveley was a great ambassador for the club, but ultimately she was about the sales pitch. She would have sold us as a great investment project to PIF, and that has been realised since they will more than double their outlay if they sell up. She would also have known fine well that we have no realistic route to being Number 1 but which owner doesn't want to sell that vision? 

 

Truth is, it is almost impossible, but if PIF can't do it, what are the chances anyone else will?

 

 

 

They wouldn't double their outlay, their (and RB's) outlay includes £558.3m that they have put into the club via share issues. As they have put it in through share issues it is effectively a gift to the club, there is no way to get that back other than through the value of the sale of the club. So, just to break even on their on-paper investment the club would need to be sold for £863m. Also, in reality they have probably actually invested more than that when taking into account related party sponsorships etc.

 

Yeah, truth is that if PIF can't bridge the gap to the next level there is not going to be another owner who can, and if they do decide to sell up at any point people will be in for a big wake-up call in expectations.

[TRC]

How many clubs are actually well ran? I think most fan bases are unhappy with owners and back room. 
 

Too many non football people running clubs these days 

[nufcjmc]

10 minutes ago, TRC said:

How many clubs are actually well ran? I think most fan bases are unhappy with owners and back room. 
 

Too many non football people running clubs these days 

I very much agree with that if you went on fan pages there will be various degrees of unhappy fans with their owners or boardroom. 

 

Issue for us is we want to be a "big club" on the pitch in terms of league position and competitive for honours to do that we need to reverse 15 years worth of stagnation/gone backwards make up for 2 relegations and an under investment in the squad at all levels. To do that you need money a lot of it and unfortunately for us the teams your wanting to sit at the table with or kick down a peg or 2 are not just sitting there waiting on you to do it. 

 

For every class signing your making they are also buying for every new deal your trying to sign up they are renewing an existing one. 

 

The biggest frustration is the pace of the project on the pitch we all agree that we have over performed and its been great, commercially as in charging fans for new merch drops and the stack experience we have showed up in numbers. 

 

The club have or may well have ploughed every PSR limit penny into recruitment but the stuff that is going to help us continue to move the needle in our favour isn't there training ground may be something we don't experience but it is what new and existing players use a lot, sponsorship appears to have stagnated stuff like not wanting to limit ourselves and getting something now when waiting may yield more later is fine when its a 6 month wait but its now years of missed training kit sponsor, ground sponsor, training ground sponsor official whatever manu tell people are "official partners". 

 

When Eddie rolls out the line of we have to comply and PSR is an issue for us the solution or at least part of the solution is in the hands of the board and ownership. 

 

We were also spoiled and in sometimes not in a good way with Amanda keeping us informed but the silence from those who can make a decision is deafening which puts you into Eddie being the only apparent mouth piece for the club. 

 

 

Edited March 24 by nufcjmc

[Jackie Broon]

There may be some movement on the training ground by the way, the law firm Savage Silk made an application to the Land Registry on Woolsington Hall yesterday, which indicates that it is being or has just been sold.

[Moose]

To be fair, our ownership model is less about PIF and more about the day to day custodians who are delegated to run the club. Yasir is chairman of the most ambitious sovereign wealth fund in the world, he has his fingers in so many pies that I imagine his involvement with Newcastle goes as far as being briefed on our progress periodically and signing off on spending as and when.

Hopkinson is the one charged with being the boots on the ground for PIF, if this summer window goes to shit and there's not progress on training ground, sponsors, new stadium etc he should be held chiefly responsible 

[toon25]

What I want is a trigger happy fat cat capitalist cunt like Super Todd B at Cuntsea who never leaves me bored on transfer deadline day, pops in a different cuck manager every season when he inevitably can't get a tune out of the hoards of players I chuck at him, and slowly rips the soul out of my football club whilst wanking himself silly over PL All Star games. That's what I want.

 

 

Edited March 24 by toon25

[TRon]

28 minutes ago, Jackie Broon said:

 

They wouldn't double their outlay, their (and RB's) outlay includes £558.3m that they have put into the club via share issues. As they have put it in through share issues it is effectively a gift to the club, there is no way to get that back other than through the value of the sale of the club. So, just to break even on their on-paper investment the club would need to be sold for £863m. Also, in reality they have probably actually invested more than that when taking into account related party sponsorships etc.

 

Yeah, truth is that if PIF can't bridge the gap to the next level there is not going to be another owner who can, and if they do decide to sell up at any point people will be in for a big wake-up call in expectations.

 

 

I do agree with that tbh. I don't think some posters, or fans for that matter, appreciate that there aren't many investors around who will willingly put in a huge chunk of money from their own pocket. From what I understand PIF are willing to put up 50% of the cost of a new stadium. Yet fans moan why isn't it done already?

 

Truth is, if we had different ownership, we probably would never even consider it because it's such a big project. Most would be happy to toodle along with the current ground and just put the prices up given we've no realistic chance of getting CL football on a regular basis. 

[duo]

2 hours ago, TRon said:

 

 

Not that surprising since there are no roadblocks to the elite divisions in other sports. 

No roadblocks for PIF to build a new training ground 

[JonBez comesock]

10 minutes ago, Jackie Broon said:

There may be some movement on the training ground by the way, the law firm Savage Silk made an application to the Land Registry on Woolsington Hall yesterday, which indicates that it is being or has just been sold.

But but but ….DA people oN hEre said we aren’t GettinG one ?? and dat the SAudis hAVE lost IntErEst ? 

 

[Pixelphish]

6 minutes ago, Jackie Broon said:

There may be some movement on the training ground by the way, the law firm Savage Silk made an application to the Land Registry on Woolsington Hall yesterday, which indicates that it is being or has just been sold.

Sounds positive. Fingers crossed. 

[JT24]

12 minutes ago, Jackie Broon said:

There may be some movement on the training ground by the way, the law firm Savage Silk made an application to the Land Registry on Woolsington Hall yesterday, which indicates that it is being or has just been sold.

Anyway for common folk to view this information?

[Jackie Broon]

Just now, JT24 said:

Anyway for common folk to view this information?

 

Yes, the Land Registry alerts service (good idea to set up an alert for your own house too).

 

https://propertyalert.landregistry.gov.uk/

[duo]

11 minutes ago, TRon said:

 From what I understand PIF are willing to put up 50% of the cost of a new stadium. 

Have PIF really said that? I don't recall our CEO mentioning it.  At the end of the day they are the ones saying aim is to be number 1, and to challenge for PL in 5 years. It's them who are building expectations without backing any of it up with actions.

 

 

Edited March 24 by duo

[TRon]

23 minutes ago, duo said:

No roadblocks for PIF to build a new training ground 

 

No real financial benefit either. Let's hope they follow through on their plans, but they have spent quite a lot of money just upgrading the current facilities...which let's face it, is probably all any other owner would do. if that. 

[TRon]

22 minutes ago, duo said:

Have PIF really said that? I don't recall our CEO mentioning it.  At the end of the day they are the ones saying aim is to be number 1, and to challenge for PL in 5 years. It's them who are building expectations without backing any of it up with actions.

 

 

 

 

 

Would you rather they said they are happy to be number 7?

 

 

[nufcjmc]

1 minute ago, TRon said:

 

No real financial benefit either. Let's hope they follow through on their plans, but they have spent quite a lot of money just upgrading the current facilities...which let's face it, is probably all any other owner would do. if that. 

I guess the only financial benefit would be based on when they eventually exit a big state of the art training ground I assume adds value to the club resale (no idea if its worth more than the investment to do it mind). 

[The College Dropout]

14 minutes ago, TRon said:

 

 

Would you rather they said they are happy to be number 7?

 

 

Would rather they be honest. Telling me we'll challenge for PL and CL by 2030 - they either think we're easily pleased idiots or they are bullshitters.

 

I'm perfectly content to be a club that challenges for Europe each season with owners that will do everything they can to bridge the gap to the top 6. That's all you can ask of any Owners - they do all they can to maximise our potential and raise our ceiling.

 

 

This idea no other owners would build a new training facility or stadium/expansion isn't true either.

 

 

Edited March 24 by The College Dropout

[TRon]

20 minutes ago, The College Dropout said:

Would rather they be honest. Telling me we'll challenge for PL and CL by 2030 - they either think we're easily pleased idiots or they are bullshitters.

 

I'm perfectly content to be a club that challenges for Europe each season with owners that will do everything they can to bridge the gap to the top 6. That's all you can ask of any Owners - they do all they can to maximise our potential and raise our ceiling.

 

 

This idea no other owners would build a new training facility or stadium/expansion isn't true either.

 

 

 

 

 

Maybe they really believe they can bridge the gap by 2030. It's unlikely but not impossible. I don't really care tbh, until there's genuine reason to think they are just stringing everyone along, I would prefer to believe. 

 

As for other owners, where are they? No one put their money where their mouth was for 5 years when the club was up for sale. Nothing stopping them from doing so now either. Put a bid in for the club and see if PIF want out.