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More from Saudi Sports Minister’s interview with BBC, this is the best part-

 

Little more than 12 months since their takeover, Newcastle are third in the Premier League table and unbeaten in all competitions since 31 August.

The Magpies have spent more than £200m on players since the takeover, breaking their transfer record to sign Swedish striker Alexander Isak in the summer.

"They've done an excellent job," added Prince Abdulaziz.

"They still have a long way to go - they've brought the right people on board. 

"I'm sure they have targets to win the league and the Champions League and so on because they strive for the best and always bring the best on board, so I think it's going to be a bright future for Newcastle."

 

 

Edited by Whitley mag

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I can’t see the Saudis getting involved with another big PL club. Unless they plan to simply takeover the whole league and call it the Saudi League.

 

I actually think there is mileage in the Apple/Man U thing though. The NUFC takeover may have just heralded the new era of the PL….oil state elite clubs v giant corporation elite clubs. Man U owned by Apple, Dippers by Amazon, Arsenal by Google, then us and City powered by the oil.

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1 hour ago, Scoot said:

 

He's on about private Saudi company's owning Man utd and Liverpool. Just like PIF.:D

Yeah, seems pretty clear;

 

if there are investors and the numbers add up, and it makes a good business," he said. "Then the private sector could come in, or companies could come in, from the kingdom

 

He wants investors from Saudi Arabia, rather than the state taking over.

 

To an extent it doesn't really matter if they get super-rich owners, FFP is limited by commercial (and other) income and they're already miles ahead of the majority of clubs in Europe. It'd be better for them to get slightly less wealthy owners who put a team in place who really know what they're doing rather than someone mega rich who just throws money around.

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43 minutes ago, Miggys First Goal said:

Manure to become the richest club in the world if Apple buy them.

 

 Doctor Who Reaction GIF

Not....going....to....happen.  

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34 minutes ago, Rafalove said:

How much are Apple worth?

Is it not more how much cash reserves they have rather than their worth? which currently stands at about $62 billion...

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1 hour ago, duo said:

Is it not more how much cash reserves they have rather than their worth? which currently stands at about $62 billion...

 

Yeah, their "worth" (market cap is ~$2Tn) is meaningless in this situation, available cash reserves is the key number here - if its $62bn then PIF still rule the roost on that one ;) 

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There’s no chance Apple are buying a sports team. They’ve historically done relatively small takeovers of strategically important supply chain or patent holding companies. The odd time they’ve made bigger purchases is when it plugs what they see as a hole in their market offering (like beats headphones). 
 

 

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11 minutes ago, UpTheToon said:

There’s no chance Apple are buying a sports team. They’ve historically done relatively small takeovers of strategically important supply chain or patent holding companies. The odd time they’ve made bigger purchases is when it plugs what they see as a hole in their market offering (like beats headphones). 
 

 


Seems to me like someone has just Googled “most valuable company in the world” and linked them with a takeover :lol: 

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13 hours ago, Wilson said:

The backtracking by other fans and the media alike would be intense. 

Aye the media wouldn't say a word if Saudi Arabia owned 3 Premier League teams :lol:

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30 minutes ago, UpTheToon said:

There’s no chance Apple are buying a sports team. They’ve historically done relatively small takeovers of strategically important supply chain or patent holding companies. The odd time they’ve made bigger purchases is when it plugs what they see as a hole in their market offering (like beats headphones). 
 

 

This. Beats was their biggest acquisition, and that was for $3bn. As I’ve already said, they turned down the chance to buy the likes of Spotify, Netflix, Disney, and even Tesla. All of which arguably would fit into the holes in the market. They reason they did is because I they cost too much.

Man Utd doesn’t plug a hole in the market. The best they would want out of them is say MUTV to be an exclusive on Apple TV+, Man Utd documentaries, and possibly Apple Wallet integration with ticketing. All of which can be obtained with less costly commercial deals.

When Apple coke along for the Premier League rights deals it will go against them. The other clubs would not be happy with the TV rights being held by the owners of another team.

 

As someone else has already said, someone has looked at a list of the wealthiest individuals and companies and just throw them in for the clicks.

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I don't think this Saudi/Qatar beIN thing is going away any time soon. KSA will keep taking the piss because they know that ultimately there will be no real consequences. 

 

Edit - and I'm not classing anything negative to do with NUFC as a consequence 

 

 

Edited by Keegans Export

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