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Have the PIF lost interest?

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  • #16
    Originally posted by Zippity View Post
    Would actually love her to be involved again. Great communicator and genuinely seemed emotionally invested in us.
    Yes I wouldn't mind that, the club went on a downward spiral when she and Ghodoussi left. She always seemed pretty genuine.

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    • #17
      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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      • #18
        So the club had it?s big and important AGM and everything is great, Howe will remain, nothing decided on the stadium, oh and yeah they will spend 200m on the training ground not now but soon, sometime after n the future. Come on lads!

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        • #19
          Originally posted by Cannylad View Post
          Yes I wouldn't mind that, the club went on a downward spiral when she and Ghodoussi left. She always seemed pretty genuine.
          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.

          Easy to massively improve the club when there’s a lot of money available to spend and a championship level squad to add players too.

          These days we are a much better squad, it’s harder to improve at that level.

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