r0cafella Posted May 21 Share Posted May 21 2 minutes ago, SUPERTOON said: Wonder if Amanda fancies coming back with other investors. Unlikely, especially if she didn't leave on the best of terms. Link to post Share on other sites More sharing options...
Nucasol Posted May 21 Share Posted May 21 13 minutes ago, SUPERTOON said: Wonder if Amanda fancies coming back with other investors. I reckon she’ll be looking to get in at West Ham. Fans that detest their owner, London location, financial distress if they go down - but huge potential upside - makes them a decent project. Link to post Share on other sites More sharing options...
r0cafella Posted May 21 Share Posted May 21 When it comes to AS it's important to understand she's purely a deal maker, she doesn't have the finances to play at this casino. Link to post Share on other sites More sharing options...
Zero Posted May 21 Share Posted May 21 So our clubs worth increased from 300m to 1.5bn? And how much investment has been injected by PIF since takeover? Sounds like a masterpiece by PIF and Staveley - and also about time to, reap the rewards? Link to post Share on other sites More sharing options...
LFEE Posted May 21 Share Posted May 21 18 minutes ago, Zero said: So our clubs worth increased from 300m to 1.5bn? And how much investment has been injected by PIF since takeover? Sounds like a masterpiece by PIF and Staveley - and also about time to, reap the rewards? Not really. Cost £1.3bn to buy us. Link to post Share on other sites More sharing options...
El Prontonise Posted May 21 Share Posted May 21 Err it was £305m https://www.bbc.co.uk/sport/football/58826899 Link to post Share on other sites More sharing options...
SAK Posted May 21 Share Posted May 21 2 minutes ago, El Prontonise said: Err it was £305m https://www.bbc.co.uk/sport/football/58826899 Think the Bein pay off is being included which I don’t think is right as we can’t be sure that was specifically for us as they were already under pressure for the piracy they suported. Link to post Share on other sites More sharing options...
TBG Posted May 21 Share Posted May 21 Hopkinson must come out with a statement this morning. Link to post Share on other sites More sharing options...
TK-421 Posted May 21 Share Posted May 21 9 hours ago, Fenham Mag said: Isn’t this a continuation of the story earlier this week to find partners to fund the stadium? yeah, but now putting 'firm' numbers on it. Think the initial rumours of selling a stake had suggested it was to raise around £55m 25% is a canny chunk, like, even if they do retain full control. Link to post Share on other sites More sharing options...
r0cafella Posted May 21 Share Posted May 21 53 minutes ago, TK-421 said: yeah, but now putting 'firm' numbers on it. Think the initial rumours of selling a stake had suggested it was to raise around £55m 25% is a canny chunk, like, even if they do retain full control. Aye, feels like a very big chunk on the surface. I wonder what the logic is behind it. Wasn't expecting them to sell equity . Link to post Share on other sites More sharing options...
Elliottman Posted May 21 Share Posted May 21 1 hour ago, LFEE said: Not really. Cost £1.3bn to buy us. Link to post Share on other sites More sharing options...
LFEE Posted May 21 Share Posted May 21 1 hour ago, El Prontonise said: Err it was £305m https://www.bbc.co.uk/sport/football/58826899 5 minutes ago, Elliottman said: PIF paid £1 billion to break the takeover deadock after trying actively not to have to for 2yrs almost. Once Bein had their money with 24hrs the takeover was complete for a further £305 to Ashley. So to purchase the club they spent £1.3bn. Link to post Share on other sites More sharing options...
Elliottman Posted May 21 Share Posted May 21 1 minute ago, LFEE said: PIF paid £1 billion to break the takeover deadock after trying actively not to have to for 2yrs almost. Once Bein had their money with 24hrs the takeover was complete for a further £305 to Ashley. So to purchase the club they spent £1.3bn. If that’s true ( any links? ) it’s still not the purchase price/value of the club though. Link to post Share on other sites More sharing options...
LFEE Posted May 21 Share Posted May 21 3 minutes ago, Elliottman said: If that’s true ( any links? ) it’s still not the purchase price/value of the club though. Where were you during the takeover?! It’s still the price they had stump up overall to purchase us. That’s why I scratch my head at those who think they are not committed. Link to post Share on other sites More sharing options...
LFEE Posted May 21 Share Posted May 21 @Elliottman Scroll down to So What Has Changed if you are too lazy to read the whole saga… Gobsmacked you’ve no knowledge of this Surely you even remember Simon Jordan’s explanation after Deader than a dead thing proclamation? https://www.middleeasteye.net/news/newcastle-united-takeover-saudi-qatar-bein-why-key Link to post Share on other sites More sharing options...
Jackie Broon Posted May 21 Share Posted May 21 40 minutes ago, LFEE said: PIF paid £1 billion to break the takeover deadock after trying actively not to have to for 2yrs almost. Once Bein had their money with 24hrs the takeover was complete for a further £305 to Ashley. So to purchase the club they spent £1.3bn. They've also put in: £453m by issuing and buying shares in the club. £172m by buying the St. James' Park lease from themselves Whatever it cost to buy Leazes Terrace and other property £100m+ in related party sponsorships Overall the cost of owning us has probably been more than £2bn Link to post Share on other sites More sharing options...
Whitley mag Posted May 21 Share Posted May 21 Link to post Share on other sites More sharing options...
JonBez comesock Posted May 21 Share Posted May 21 Link to post Share on other sites More sharing options...
r0cafella Posted May 21 Share Posted May 21 1 minute ago, JonBez comesock said: Thanks for sharing this, makes much more sense. Link to post Share on other sites More sharing options...
Miggys First Goal Posted May 21 Share Posted May 21 So not selling a 25% stake? Link to post Share on other sites More sharing options...
Zero Posted May 21 Share Posted May 21 Issuing new shares, but ain’t sure whether PIFs controlling % would be diluted. It depends on the type of shares going to issue. Probably this is for complying with PSR - we don’t need to pay interests and thus can lower the financial cost Link to post Share on other sites More sharing options...
triggs Posted May 21 Share Posted May 21 2 hours ago, LFEE said: Where were you during the takeover?! It’s still the price they had stump up overall to purchase us. That’s why I scratch my head at those who think they are not committed. Tbf they've probably spent more at LIV and have pulled out of that Link to post Share on other sites More sharing options...
Teasy Posted May 21 Share Posted May 21 (edited) I'm sure purchasing NUFC was a big part of the reason to resolve the piracy issue. I seriously doubt it was even close to the only reason. That £1 billion payment can't just be dumped on the club price in it's entirety. I do think they're committed to the club long term though. Because this is a long term investment fund so they aren't in this to flip quick profits. Their aim will be to keep driving the value of the club to help increase the value of the fund. Edited May 21 by Teasy Link to post Share on other sites More sharing options...
TRon Posted May 21 Share Posted May 21 2 minutes ago, Teasy said: While purchasing NUFC was a big part of the reason to resolve the piracy issue, I seriously doubt it was the only reason. That £1 billion payment can't really just be dumped on the club price. I do think they're committed to the club long term though. This is long term investment fund so they aren't in this to flip quick profits. There aim will be to keep driving the value of the club to help increase the value of the fund. The value of the club might have hit a ceiling with the cap on spending meaning we can't catapult ourselves into the super league club where the really big money is. I also think that's one of the reasons why there won't be anyone willing to buy us outright even if PIF do put us up for sale. Top 7/8 finishes is not that attractive when there is no way to push higher except hope everything goes your way. Link to post Share on other sites More sharing options...
Jackie Broon Posted May 21 Share Posted May 21 (edited) 57 minutes ago, Teasy said: I'm sure purchasing NUFC was a big part of the reason to resolve the piracy issue. I seriously doubt it was even close to the only reason. That £1 billion payment can't just be dumped on the club price in it's entirety. I do think they're committed to the club long term though. Because this is a long term investment fund so they aren't in this to flip quick profits. Their aim will be to keep driving the value of the club to help increase the value of the fund. Yes, but even taking that out completely they've lumped in a billion plus on us and demonstrated that without, or even with, massive ongoing investment we're not able to get anywhere near the established big 6 financially. It's pie in the sky to think we some sort of great investment financially, it doesn’t add up. I think the reasons they've invested in us are much more likely to be strategic / image based or just because influential people within PIF like football. Edited May 21 by Jackie Broon Link to post Share on other sites More sharing options...
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