Newcastle buyout

[TonyK]

That wasn't so much my point. I agree that we can't complete anymore. I just don't see ENIC selling as they are diversifying so will continue to make a lot of money. There are so many possibilities for revenue - football, NFL, boxing, concerts, rugby. Why would they sell?

Because there will come a point when we will give them the message loud and clear that we are a football club first and foremost. And the club belongs to us.

 

[cookiemonster]

It's probably only a 10% chance it won't 'work out' but I wouldn't rule it out.

The big issue as I see it is they're mid-season and struggling. If they'd bought the club in May, they'd have all summer to appoint a manager and throw cash around but they could seriously arrive in their first transfer window in a relegation fight. Then you really could be signing mercenaries who won't have the stomach for a battle (on the flip side we might be able to flog them Ndombele).

Longer term, who's realistically going to join them over Chelsea, Man City, PSG as well as the traditional big clubs? Yes they're eye-wateringly rich but they're going to have to blow those clubs out of the water for any top target and then persuade the player. Inevitably they'll end up with a money-motivated squad, rather than players who want to achieve success (but get paid extremely well at the same time).

City were average before their takeover so clearly it can be done but there's no guarantee. Personally I'd love to see it fail and become a Venky's/Blackburn x1,000.

They dont have to buy the big players

Just rape the financially crippled clubs for players like Skriniar Barella Bastoni Coutinho Arsensio....then some from the english league like Phillips Rice Pope Bissouma ..add in some up and coming wonder kids and they are good to go

 

[spursfan77]

They don't really care about Spurs all that much. I get a bit of stick but it's all in good humour. Geordies are by and large a very decent lot.

Well, football tribalism is very much alive on social media. Seems that the new owners misdemeanours aren't worth mentioning for the majority of their fans on there. As usual, the most vocal aren't doing the more than likely vast majority of good supporters a great service.

 

[rez9000]

The fact that we are associated with the Jewish community is irrelevant in terms of being bought by Arab businesses. The only thing stopping it is the fact that Levy thinks that the club is worth over 2 billion and that is his right. Israel, a Jewish state is doing more and more business with middle East states and the Saudis would be fully prepared to deal with Israel despite the antisemitism that exists within the state itself.

The antisemitism in Saudi Arabia (and other Middle Eastern despotic regimes) is strictly for the proles - keep them angry, keep them frightened, keep them distracted, while the ruling class crisscross the globe, spending the oil wealth.

 

[rez9000]

Typical Spurs luck that in a world where all the Arab / muslim billionaires are buying up PL clubs, we are known as a jewish club so they won't touch us with a barge pole.

The thing is, the arabs splash cash around like they just don't care, and I'm NOT saying Jewish people are tight (before anyone get's the wrong impression), but I don't think you see the same kind of almost careless spending from Jewish billionaires in sport. If there is, I'd love to see an example.

Arab's are quite well known for flaunting their wealth, and football is an extension of that.

It's not an Arab thing, it's a nouveau riche thing. These regimes are essentially like Lodsamoney, that character Harry Enfield created in the 80s. Recently (in terms of world history) rich and vulgar in their flaunting of it.

It just so happens that the place where this wealth bubbled to the surface was in the Arabian peninsula and surrounds. If it had happened in Albania, or Gabon, or Belize, it would probably be the same.

 

[Metalhead]

Well, football tribalism is very much alive on social media. Seems that the new owners misdemeanours aren't worth mentioning for the majority of their fans on there. As usual, the most vocal aren't doing the more than likely vast majority of good supporters a great service.

Social media is generally a magnet for the unpleasant element, whichever club it is. There's probably also an element of them getting it out of their system. After 14 years of Mike Ashley, who can blame them? The Ashley era was a by word for mediocrity. There is a launchpad there for the club to make a lot of money irrespective of the Saudis, it's just that Ashley knows little about football and never had any vision. The fans there would have been over the moon with a Leicester level owner and you would have seen similar celebrations. Obviously they'll get carried away a bit because it's like going from zero to one hundred overnight. It's not for me but I can't blame them.

 

[n0.1.spurs]

Damn I used to support Newcastle as a wee lad because of Shearer. Thought I made the right decision to change to Spurs when I was 10 or so until yesterday happened. ?

Anyway it was nice knowing you all. Although I was born in north mid to two devoted Spurs parents. It’s time to go back to my true roots. Will miss you all. ?

 

[VegasII]

Newcastle takeover 'heartbreaking'

The fiancee of murdered journalist Jamal Khashoggi says the Saudi Arabian-backed takeover of Newcastle United is "heartbreaking" for her.

www.bbc.co.uk

 

[Locotoro]

Very good point - Usmanov too. Personally I'd be tempted to stay away from stereotyping.

I believe Usmanov is Muslim but his wife is Jewish - but i agree that we shouldnt be relying on stereotypes.

Ultimately, these people have got more in common with other billionaires than they do with other arabs

 

[Metalhead]

I have just seen a write up where under FFP rules Geordieville could be allowed to spend 200 mill this year using some community and academy costs to offset losses. Can anyone explain to a simpleton like me how FFP rules apply to us since new stad. Also is the income generated by non football events 'accountable' in club profits, or is this money separate from the football club altogether? Sorry to be a confused dimwit, but I have never understood how a system put in place to stop overspending appears to make little difference to some.
Stay safe and happier days

The problem with FFP is that there seem to be a lot of loopholes and quite frankly, a financial penalty to a wealthy owner is immaterial because regardless of the level of fine, they'll figure that it's worth it because the investment in the team will pay off.

 

[Metalhead]

I believe Usmanov is Muslim but his wife is Jewish - but i agree that we shouldnt be relying on stereotypes.

Ultimately, these people have got more in common with other billionaires than they do with other arabs

Cheers for the info. and yes, you're absolutely right, it's business and actually it's more about geopolitics than religion anyway.

 

[stonebrow]

The problem with FFP is that there seem to be a lot of loopholes and quite frankly, a financial penalty to a wealthy owner is immaterial because regardless of the level of fine, they'll figure that it's worth it because the investment in the team will pay off.

Needs to a lengthy ban for FFP to be a cause for any concern for these big clubs!

 

[southlondonyiddo]

The only good thing about this takeover is that away supporters might actually be able to see some of the football in a few years after they’ve rebuilt their monstrous meccano stadium

 

[Metalhead]

Needs to a lengthy ban for FFP to be a cause for any concern for these big clubs!

Absolutely. Those are the only kind of penalties that would work. It wouldn't happen but it would be more effective.

 

[Metalhead]

The only good thing about this takeover is that away supporters might actually be able to see some of the football in a few years after they’ve rebuilt their monstrous meccano stadium

I don't know where they can go with it at that location because it's all either listed or already been purchased for development.

 

[ReadieSpur]

Remember Khashoggi.

I would really love it if every fan of every club spoke/chanted/demonstrated about this at every chance they got. At every single Newcastle match, everyone should be reminded that there still has not been justice for Jamal Khashoggi. Make the dirty sports washing of this disgusting, vile, regime as hard as possible. No away fans should take their allocation. the only way the premier league would take notice is damage to their brand, by people talking about the premier league and avocation of murder in the same conversation.

 

[southlondonyiddo]

I don't know where they can go with it at that location because it's all either listed or already been purchased for development.

Could build a stadium in the middle of the tyne if they really wanted to!!!

 

[nferno]

But in all seriousness, what’s the fucking point anymore for teams like us. Need to find myself a hypnotist so I can disassociate myself from football, get into rugby or something.

 

[southlondonyiddo]

Remember Khashoggi.

I would really love it if every fan of every club spoke/chanted/demonstrated about this at every chance they got. At every single Newcastle match, everyone should be reminded that there still has not been justice for Jamal Khashoggi. Make the dirty sports washing of this disgusting, vile, regime as hard as possible. No away fans should take their allocation. the only way the premier league would take notice is damage to their brand, by people talking about the premier league and avocation of murder in the same conversation.

Nobody cares. Money over morality and has been for years. Probably since Thatcher!

We even sell arms to Saudi Arabia ?‍

 

[mrlilywhite]

Remember Khashoggi.

I would really love it if every fan of every club spoke/chanted/demonstrated about this at every chance they got. At every single Newcastle match, everyone should be reminded that there still has not been justice for Jamal Khashoggi. Make the dirty sports washing of this disgusting, vile, regime as hard as possible. No away fans should take their allocation. the only way the premier league would take notice is damage to their brand, by people talking about the premier league and avocation of murder in the same conversation.

Unfortunately, Money creates a blanket over terrible atrocities like this. Smiling faces, PR bs, and money are all that matters to the Geordie fans. Levy might be a lot of things, and royally fucked up every footballing-related issue with our club, but we ultimately have our dignity & if we were ever to sell out like this, I'd walk away without any hesitation. Bill Shankly once famously said that football is more important than life and death, I understood that sentiment at the time, I just never agreed with it, even more so now.