Agreed. Similarly PSG have spent on a much grander scale and still blow hot and cold. They, like City, still haven't won the cup with the big ears that they both crave so much.Everton have spent 500 mill and are still shite.
They need the right set up and manager to get somewhere.
The appoinments they are about to make will be equally important for them. Lets hope they fuck it up.
Agreed. Similarly PSG have spent on a much grander scale and still blow hot and cold. They, like City, still haven't won the cup with the big ears that they both crave so much.
Newcastle have a track record of fucking things up. Knowing their luck, there'll be an overnight global ban on burning fossil fuels coming into effect the day before the January transfer window opens. 😉
I'm bothered, but I'm a long way from being concerned, for now.
Agreed. Similarly PSG have spent on a much grander scale and still blow hot and cold. They, like City, still haven't won the cup with the big ears that they both crave so much.
Newcastle have a track record of fucking things up. Knowing their luck, there'll be an overnight global ban on burning fossil fuels coming into effect the day before the January transfer window opens. 😉
I'm bothered, but I'm a long way from being concerned, for now.
City have pretty much been the dominant force in domestic football in recent years.
By all accounts we're dealing with City mk2, so yeah, it sucks.
I'm not worried because there isn't anything we can do about it. My hope is that we manage to get a couple more trophies out of the Klopp era and then see what happens after that.
It's going to be tough to remain top tier because we will now have 4 teams with almost unlimited funds and even the chasing pack is no longer just a couple teams - there are a fair few clubs with ambitions and the right backing.
Don't know about the Reuben Brothers (i.e. whether they are in on the same terms as the PIF) but I wouldn't be surprised if the bits belonging to the Staveleys are "sweet equity" of the kind often given to key management personnel by Private Equity investors. If that's the case, the chances are that their financial participation in the company won't be on the same terms as the PIF (i.e. if there's a sale they may not get £ for £ what the PIF gets for its shares), and their voting rights won't be enough to stop the PIF from doing whatever it wants. It's likely to be a bit messy because if the PIF wants to put more money in without diluting the share rights then they'd either need the Reuben Brothers and the Staveleys to match them (possible / unlikely respectively) or lend it, but that might not work long-term for FFP (like they care about FFP), or have some funny share rights (which is also fairly common in Private Equity structures).Though NUFC is 80% owned by PIF, the other 20% is owned by Amanda, husband and the Rueban Brothers, so what do they want out of this deal? @Beamrider any ideas? Is it capital growth, if so what's the exit strategy? Or is it they case they will buy land cheaply and use the leverage of NUFC to get planning permission through very quickly?
Take as long as you like, write your piece to the Atheltic/or national print house. The Reuban brothers stake is10%, as you're probaby aware they're the richest british property developers. If you can find out what you think PCP and Rueban get out this deal would be good, its not likely PIF needed either.Just to add, on further investigation, that the Staveley's piece is via an entity called PCP Capital Partners. I think this entity is basically a private equity fund, and as such there will be a lot of investors behind it (including pension funds as well as high net worth investors). The Staveleys will undoubtedly have a piece of that pie, and they manage the fund, but it won't be their own money (for the most part) that backs it.
Chelsea changed most of their starting 11 in two summers and then had that 95 point season with Jose.
Can anyone see that realistically happening here? Maybe not win the league, but be challenging in as little as two summers replacing most the team?
How long can a sponsorship contract be?
Aramco £2 billion over X amount of years?
Everton have spent 500 mill and are still shite.
They need the right set up and manager to get somewhere.
The appoinments they are about to make will be equally important for them. Lets hope they fuck it up.
Same here. The team behind Newcastle have a different level of money. Expect Newcastle to be among City, PSG, Chelsea level in 5-8 years.
Enjoy the time left with Klopp and this squad and have limited expectations once Klopp and this team leave. I think ESL might be the only way we remain competitive.
Newcastle will probably start by buying the best English players from the mid to lower lv premier league teams and they'll also look abroad for English talent. Yeah, better be worried about Bellingham.