Originally posted by Zippity
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Have the PIF lost interest?
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I'm not convinced.
As far as I can see (not that far these days - even with glasses......) the PIF is set up with the long-term ethos of generating income for the Saudis when the oil revenue runs out. These guys aren't like elected leaders. They look at the long term.
I can see them losing interest in LIV golf - not what they'd hoped. I don't really see why they would sell off Newcastle. Yes, our value is now a lot more than when they bought. But so also is potential income, where the surface has hardly been scratched yet. It'll take a good while for them to make Newcastle a top international "brand". Certainly a lot longer than 2030, as mentioned by one titheed as I recall. But I can envisage Newcastle as just one tiny bit of a portfolio that makes a profit, and keeps them rich when the oil is fvcked.
LIV golf, and hosting boxing matches in Saudi don't do the same job I reckon.
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Not knocking either of them, but the upward trajectory we had with them was when we had a bucket load of the -105m allowance to spend and had gone through more than a decade of serial underinvestment in the first team squad and club as a whole.Originally posted by Cannylad View PostYes I wouldn't mind that, the club went on a downward spiral when she and Ghodoussi left. She always seemed pretty genuine.
Easy to massively improve the club when theres a lot of money available to spend and a championship level squad to add players too.
These days we are a much better squad, its harder to improve at that level.
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