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Saudi takeover of Newcastle United


Essandoh

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2 hours ago, DBBTB said:

True but what top manager is going to go there an say an 18 month contract?

I don't think they'll be able to get a top class manager until the summer, when they can completely change the squad. 

They need someone that can be a stop gap like when Hiddink was in charge of Chelsea. Improve results, keep them up and then move on. 

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4 hours ago, The Specky Liar said:

 

Struggle to have sympathy for them tbh that league is full of diddy clubs who have been able to outspend the rest of Europe due to outside investment for the last couple of decades.

Nothing worse than seeing Huddersfield or Bournemouth fans piping up about Scottish football because they’ve been fed the sloppy seconds of Prem money

Wee clubs

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6 hours ago, The Specky Liar said:

 

Struggle to have sympathy for them tbh that league is full of diddy clubs who have been able to outspend the rest of Europe due to outside investment for the last couple of decades.

That’s exactly what it comes down to. The likes of Chelsea, United and City who have been able to outspend everybody for the last 10-15 years suddenly shitting themselves because Newcastle’s owners have more wealth than they do combined and if they really want to they can probably fund the club to such a level that it becomes a one horse race.

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2 hours ago, DBBTB said:

That’s exactly what it comes down to. The likes of Chelsea, United and City who have been able to outspend everybody for the last 10-15 years suddenly shitting themselves because Newcastle’s owners have more wealth than they do combined and if they really want to they can probably fund the club to such a level that it becomes a one horse race.

The best football eleven in the world

…in Newcastle :lol: 

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On 19/10/2021 at 10:40, The Specky Liar said:

Premier League clubs have voted to temporarily block teams agreeing lucrative sponsorship deals linked to a club's owners after the Saudi Arabia-backed £305m takeover of Newcastle.

Eighteen clubs voted in favour of the ban at an emergency meeting on Monday.

Newcastle voted against and Manchester City abstained, with both questioning the legality of the move.

It means a temporary one-month ban on deals linked to club owners while the issue is debated further.

Top-flight teams complained to the league after the Newcastle takeover was completed on 7 October because of frustration about how the deal passed the owners' and directors' test.

Last week, Leeds owner Andrea Radrizzani said Financial Fair Play rules must be enforced around the takeover to ensure the 20 Premier League clubs are "playing the same game".

The Premier League said it approved the takeover after receiving "legally binding assurances" that the Saudi state would not control the club.

The Public Investment Fund (PIF), which will provide 80% of funds for the deal, is seen as separate to the state.

This is despite the Crown Prince of Saudi Arabia, Mohammed bin Salman, being listed as chair of PIF.

Bit rich of Leicester voting for this considering all their deals with King Power :lol: 

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