The source of that smoke...
This will fuck our green credentials and organic bloody garden, won't it? But at least we'll be able to afford a flippin' striker.
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This will fuck our green credentials and organic bloody garden, won't it? But at least we'll be able to afford a flippin' striker.
Aramco is 90% owned by the Saudi Royal Family. PIF has 4%. Sanabil has 4%. Public shareholders have the other 2%.
The royal family own PIF and PIF owns Sanabil.
I’m perfectly fine with KSA in general. Sorry
Micky Bubbles
. But even I’d struggle to argue this is not a conflict and it’s not going to happen.
The source of that smoke...
This will fuck our green credentials and organic bloody garden, won't it? But at least we'll be able to afford a flippin' striker.
Ahhh the contrarian speaks!! Which position are you taking todayNothing inflammatory about calling you a twat, I thought everyone knew that...you've been playing your position since 2013 haven't you?
Cos nobody has any idea.
Ahhh the contrarian speaks!! Which position are you taking today
Cos nobody has any idea.
The stray dog pipes up again
Well right, under absolutely no circumstances should anyone deem PIF or its subsidiaries to be "independent" from Aramco, or either of them independent from the Saudi Royal Family.Aramco is 90% owned by the Saudi Royal Family. PIF has 4%. Sanabil has 4%. Public shareholders have the other 2%.
The royal family own PIF and PIF owns Sanabil.
I’m perfectly fine with KSA in general. Sorry
But the rules do apparently allow for the controlling owner of one club to buy a stake of less than 10% of a different club.
As long as we're idly speculating, is it possible the Saudis have gotten a feel for how PSR is being enforced and now realize that their ambitions in the Premier League simply aren't possible in a market the size of Newcastle where they don't own their own stadium?
Could they stuff Spurs as full of cash as the rules will allow for a third party now, build up a huge reserve of PSR headroom, divest control of Newcastle and buy out ENIC?
Totally speculative, but possible.
Could they stuff Spurs as full of cash as the rules will allow for a third party now, build up a huge reserve of PSR headroom, divest control of Newcastle and buy out ENIC?
Totally speculative, but possible.
I didn't say such a thing. Why have you quoted my post whilst you make such an announcement?
Well, it is pretty difficult to buy a club like Newcastle - as well supported as they are - and expect it to be a jewel in the crown.
I mean, it is still a club in.... well, Newcastle. And the fans are still horse punching loons with indecipherable accents and reasonably-priced homes. That presents a bit of a ceiling on revenue when compared to a club in London, which has some weird attraction to foreign investors.
The work Levy has put in to the economics of the club means that an investor could literally spunk half a billion into a totally new squad and still pass PSR. I'm sure the venue could also be manipulated to create an embellished revenue stream too. It makes sense why a UAE-like investor would see us as very appealing as a vehicle.
Exactly...It's borderline hysteria now mate.
"Mental health crisis"
Good Lord
It's like an episode of The Twilight Zone. Everything was sort of normal the other day, now there's posters acting as though they've either been hypnotised, or something untoward has been dropped into their drink.
I've never seen the like in all my 12+ years on here.
Post removed.JT, in my opinion he's pretty straight forward, he says what he wants, doesn't get into elongated 'debates' arguments, or slanging matches.
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Listen to yourself man. Your embarrassing yourself. There's absolutely no need for shit like this. Quit following me around and obsessing yourself with me.
It's a football forum ffs.
Admin
. This is getting fucking ridiculousBut I don't have you on ignore.Ignore function is useless when you have some twat on ignore and everyone is engaging with him because he's trolling the whole forum, people are always going to bite to his rage baiting posts because they're intentionally inflammatory.
Tottenham Hotspur: How are Spurs funding spending spree - and where would Mohammed Kudus and Morgan Gibbs-White fit in?e...
Tottenham look set to spend £115m on deals for Mohammed Kudus and Morgan Gibb-White. BBC Sport looks at where the funding is coming from and how the signings would fit.www.bbc.com
Sami Mokbel thinks that the funds are coming from ENIC itself. Because they weren't happy with how things went last season.
Lewis has finally gone senile and Levy is running one of those phone scams that target the elderly.
I think it most likely. Gold has been saying the same for a few months. They’re too greedy to get other investors in to dilute their share when they eventually sell. Had they wanted to go down that route they’d have partnered up years ago.
Hotel/resi funding will come from banks or a developer taking on most of the financial risk. Remember, ENIC are financially risk averse over anything else. They never want there to be a minuscule chance that they will have to cough up their own money. They’d rather lose some future returns to a developer than their own money day one.
Yeah what if ENIC, the entire entity, is being cashed in on and not the club?
But I find that hard to believe.
Any news for us will have to hit companies house and be published on there first so until then it’s all guessing and probably made up.
Congrats I guess
You know them all personally?