I worked in Riyadh for eight years, five years living outside the nice Western Compounds. Also five years in Kuwait. Saudi Arabia is hated by other Gulf States, its that bad. But goodness and badness are on the same continuum, there is no single point where good changes to bad. In the end, it's how club owners treat the club and the local area that counts. So Leicester City owners seen as 'gooder ' than Watford's. I doubt whether the Sauds will ban alcohol and singing at St. James'Park, and they'll invest in the local area, so they'll be accepted. Part of me wants to add 'unfortunately '. I'm an idealist.
Judging by some of the comments I’ve seen on Newcs forums their owners could execute kids in Newcastle as long as they spend big on new signings and they start winning things.
The takeover was 80% financed by Saudi Arabia's Public Investment Fund, whose chair is Crown Prince Mohammed bin Salman. You can bet his lumped considerable money in. Surely that 80% then amounts to a states interest, even if it is under his personal wealth? I admit I don't fully understand the premier league's guidelines.
Ignore the assurances on state finances that they gave the PL, what have they promised in other areas. I don’t trust the PL’s motives for allowing this one little bit.
Good to see that the other 19 clubs have united in complaining to the PL demanding to know what has changed to make this now pass the fit and proper tests. The PL are of course adamant that it must remain confidential. Corruption throughout if you ask me.
Nobody has said they are. The takeover was refused before and the clubs want to know what has changed to make them a fit and proper owner. It was state sponsored then and seems still to be so. The PL had told the clubs previously that they would keep them appraised of the situation but have not done so.
I take it to be the 'separation' .. as in, the money might be govt money but the PIF board is independent of the govt and does its own thing. This seems to be what the PL press releases etc have emphasised.
But, as PLF says, if they are separate, then the only (relevant to PL criteria) dodgy thing was the piracy. Which has, with these 'assurances', gone away.
So does the rest of the world. Money talks. Money makes the world go around. At the end of the day it doesn't matter if you're left or right, black or white, money has power and breeds hypocrites. Everyone's as bad as one another
I still don't know what the attraction is to them in Newcastle. I could see Chelsea appealing to Abromavich, a West London club, but toon army, stotty cakes and howay the likely lads, what's that all about?
I still don't know what the attraction is to them in Newcastle. I could see Chelsea appealing to Abromavich, a West London club, but toon army, stotty cakes and howay the likely lads, what's that all about?
Ready built 50k (ish) stadium, in an area with no local competition. I feel like that has to be part of it
they are using the club and local connections to look at off shore windfarms etc to diversify their energy portfolio and make us even more reliant on them for our power requirements
I still don't know what the attraction is to them in Newcastle. I could see Chelsea appealing to Abromavich, a West London club, but toon army, stotty cakes and howay the likely lads, what's that all about?
Ready built 50k (ish) stadium, in an area with no local competition. I feel like that has to be part of it
And a strong support base and international reputation. Newcastle are one of those clubs people around the world know about you find fans in surprising places - we're the same, so are Leeds (sorry to who this offends).
Comments
https://en.wikipedia.org/wiki/Public_Investment_Fund
Corruption throughout if you ask me.
But, as PLF says, if they are separate, then the only (relevant to PL criteria) dodgy thing was the piracy. Which has, with these 'assurances', gone away.
Saudi Arabia is no exception. If the price is right the UK will accept/launder it and look the other way.
Please be careful when you post things from other sites/sources that they don't break our site rules.
Or maybe they're just fans of Santiago Munez
Teatowels are back on the menu at Newcastle, apparently.
Nice to see the new owners are embracing the great British Boris tradition of the U-turn.