Actually a pretty interesting discussion point. Would I want a billionaire company come in and just make us a Man City/PSG type of club.Wouldn't moan if it was us tbh
Its amazing the blindspots people have when it comes to thinks like that. Mate of mine is the biggest leftie going on any cause of protest there is he's there for it. But he's already celebrating money from the Saudi state being used to fund Newcastles rise!Not sure you can separate the buying entity from the Saudi state when both are controlled by the same people.
Long been said that football has no morals but for fans to be welcoming these potential new owners with open arms is disconcerting.
They can't suddenly become an elite team overnight due to FFP anyway.
“No one understands it like we do.”Made my dislike of Arsenal pretty clear on here. But I HATE Newcastle and their fucking self entitled arsehole fans.
A lot of Northern clubs think they are special.“No one understands it like we do.”
Get fucked.
I could go on a rant about one of my mates here, I avoid football talk with him now as it makes me angry.At least their fans didn't abandon their club when they didn't like the owner, jump ship to rugby and try and get hem liquidated so they could start again.
The mind boggles when I see articles like this:
Newcastle takeover: Saudi Arabian-backed deal is close
A Saudi Arabian takeover of Newcastle United is close to being agreed and could be approved within 24 hours.www.bbc.co.uk
Particularly this bit:
"Many fans want current owner Mike Ashley to leave the club after a 14-year reign, which they believe has been plagued by a lack of investment and ambition".
So, I've just had a look on Soccerbase and this is what they've spent on transfers in his 14 year reign:
21/22 - £25m (1 transfer) so far
20/21 - £20m (1) plus 2 frees, 1 undisclosed
19/20 - £21m (2) plus 3 frees
18/19 - £70m (4) plus 1 free, 1 undisc
17/18 - £35.25m (5) plus 2 free, 1 undis
16/17 - £2.6m (1) plus 7 undisc
15/16 - £103.4m (10) plus 1 free, 2 undisc
14/15 - £17m (4) plus 1 free, 1 undisc
13/14 - £0 - 1 undisc
12/13 - £17.9m (6) plus 3 undisc
11/12 - £18.8m (3) plus 3 free, 2 undisc
10/11 - £5.5m (2) plus 4 free
9/10 - £750k (1) plus 1 free, 5 undisc
8/9 - £17.3m (4) plus 1 free, 3 undisc
Total spend - £354.5 plus 27 undisclosed fees
In the same time frame, they brought in fees of £310m. A net +£44m invested but as time has gone on, their running costs/wages will have increased so to have invested ALL they've received and £44m more (plus what they would've paid for the undiscloseds) - they're living in cloud cuckoo land.
Conte will be their first appointment I reckon , Bruce will last 1 game at most
Took a very quick look at the NUFC accounts
Ashley bought in 23/05/2007
Since then the club has purchased £519m in players and sold £331m in players up to 30/06/2020
I make that a net investment of £188m in players. Hardly insignificant, and thats is before accounting for the funds needed to support the business. At 30 June 2020 Ashley was owed £106m
must be so tough being a NUFC fan
In that time CCFC have purchased 10.4m and sold 22.5m and owe the owners (since administration) 19.5m (pre admin was something around 20m i think)
I am struggling to have much sympathy for Geordies moaning how hard done by they are.
and add to what i put earlier
When Ashley took over balance sheet net liabilities (£16m) and squad value £40m per the financial statements
30/06/2020 Balance sheet net assets £20m and squad value in the financial statements £93m
The new owners cannot invest in players until January earliest, which is always over inflated. What they do put in you would assume is going to be by way of loans so debt will immediately grow. Players targeted to join and selling clubs are going to look at who owns and try to add a premium. I would also think a premium would be likely to get players there in the first place when compared to cities like London, Manchester Liverpool. (yes i know its a lovely part of the country) So wage bill goes up, quite likely losses increase. But no problem they have mega rich owners with bottomless pockets of cash
It is one thing having super rich owners who pile funds in but what happens when the owners want out - going to be a limited number of people etc who could afford to buy in and those people will have a choice of all the biggest clubs worldwide.
At some point you'd have to think the bubble will burst. There's two options here, its either a hobby for the super rich and people can lose interest in hobbies or the other option which I probably shouldn't post about on a public forum given they can afford much better lawyers than me!In fairness , we've yet to see a situation where a "super owner " has pulled the plug , atleast in England
I reckon he is probably clearing his office out as we speak, there is no way the new owners will want him in charge.
A lot of Northern clubs think they are special.
Sent from my SM-G973F using Tapatalk
Oh God no. Facebook is bad enough and I assume Twitter is even worse.I take it you don't look at Sky Blue twitter?
Long been said that football has no morals but for fans to be welcoming these potential new owners with open arms is disconcerting.
They can't suddenly become an elite team overnight due to FFP anyway.
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