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  • Money Money Money

    Newcastle United has received a significant capital injection from our ownership, a move designed to support infrastructure growth and fuel an aggressive new commercial strategy aimed at beating financial fair play limitations.
    The investment, the largest single cash injection since the 2021 takeover, will be used for running costs and to accelerate improvements to the club's facilities, including the training ground. Incoming Chief Executive David Hopkinson has been tasked with closing the huge gap between Newcastle's ?80 million commercial revenue and the ?333.3 million posted by commercial leaders like Manchester United.

    The strategy is simple: dramatically increasing revenue streams is the only way for Newcastle to adhere to the Premier League's Profitability and Sustainability Rules without having to sell key players. Recent success, including Champions League qualification, has raised the club's profile, making it an attractive partner for global brands.To this end Newcastle United are close to announcing the renewal of a major sponsor as part of a new blueprint for turbo-charging commercial revenue

    Adding to their financial flexibility, the club believes a recent Premier League agreement with Manchester City regarding Associated Party Transactions could allow them to negotiate more favourable and "more liberal" terms with PIF-linked Saudi sponsors, further boosting their financial headroom for player investment.
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    Think this shows that PIF are still heavily involved in making sure we progress.

    It doesn't say here but they've also put ?5 million into the womens team which is good news as well.

    Hopefully with our new CEO in we'll see some accelerated progress in getting more streams of revenue and pushing back against PSR.

  • #2
    Been some right fucking doom-mongers around (don't mean on here) who are dying to be proved right about PIF losing interest.

    Not happening. If anything, I think they're going to ramp things up.

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    • #3
      Originally posted by Zippity View Post
      Been some right fucking doom-mongers around (don't mean on here) who are dying to be proved right about PIF losing interest.

      Not happening. If anything, I think they're going to ramp things up.
      Alreet.

      The first departure lounge visit with more than 30 mins to get to a gate.

      So my chance to give my ten bobs worth on the whole 'Saudi's lost interest' BS & what this latest Share issue means.

      First of all.

      Saudi's losing interest.

      How can I put this politely... erm... HORSE SH!T.

      I am yet to meet the Chairman, Yasir, here in the region. I've been invited to attend professional events which he is either a speaker or has been in attendance. However, due to my team having family issues or clients being needy of my attention timing just hasn't worked out as of yet.

      However, I do work with subsidiaries of PiF. NUFC comes up in conversation on a regular basis. The top people often stop me after meetings to talk about Newcastle in general beyond the city. Also enquire about the university as they have kids getting to that kind of age.

      I take the opportunity to ask after the Chairman. Everyone I speak to, the golf partners of Yasir or tribal contacts all comment about him commitment to the club. He always wears his NUFC training gear to play golf & his Newcastle united lined suit on regular basis.

      He will talk NUFC to anyone who wants to listen. So We can put that nonsense to bed.

      Secondly. What this share issue means.

      As we are all qualified chartered accountants with a Masters degree in PSR.

      With the ATP case being settled between City & The Premier League with out completely trashing all the rules deeming everything as 'Unlawful'. City just wanted their deal approved.

      That is some what disappointing as I wanted scorched earth and the Prem Board to fall. In reality, it's probably the best out come for all parties and by extension, NUFC.

      City have set a precedent. Naturally they have bigger global reach and exposure but that ceiling for investment from 3rd party has lifted to enable NUFC to increase the clubs value in the sponsorship market.

      Future sponsorships will be higher values than previously due to the ratios of the City deal calculated with our 2nd appearance in the Champions League in 3 seasons. Success on the pitch translates directly to financial success off the field.

      We all had wide eyed school boy optimism about the Barcelona Match; Memoriam of Asprilla Flying through the air on that Autumnal Mid Sept. Evening 28 yrs ago. However, we all knew that Barcelona aren't a theme park like the Mancy Filth. They are still an elite football club and an excellent team of world class talent with a top tier manager and a winning mentality. Steeped in history and tactical excellence the way the played out the end of the game after Gordon's goal was a master class is game management.

      Respect to them. It's gonna be interesting to see how far they go. It wasn't a match of the ages but it was a lesson learned in time. Barca's comfort on and off the ball really miss cases study for us as we develop into that top tier team. After seeing them in the flesh, I have them down as joint favourites to win it this season.

      But, what's my point? What's the need for this tangent?

      Well I guess, it's knitting together the constant negative narrative spun by the Fleet street haters, Craigie No-Hope and the other click baiters, the Cartel Shills and the biased ex-pro old boys network with the reality of both the club as a stand alone entity and as a part of the wider PiF portfolio from a layman's point of view. Not any sort of ITK but someone with a brain and experience business in the region.

      PiF aren't in the business of selling assets. They don't 'Lose interest.' They priorities investments and sometimes NUFC will not be top of that list. That's completely normal.

      However to the point.

      The Share issue legal and legitimate way for the owners to inject large sums of money into the club whilst adhering to the PSR rules without any sort of penalty or negative calculation.

      It's not a 'shareholder loan at ZERO PERCENT INTEREST', like the crooks at Arsenal, Liverpool etc. It's not some dubious accounting practice a la the Filth loading the debt on to the Man U US accounts which aren't subject to the PSR review and controls.

      (I still don't know how that is possible. Holding company eats the debt whilst the club incur it... It's how business works but PSR was supposed to make it competitive. This is anything but! Quelle Surprise!) It's basically a method to take debt out of the club and dump it on an associated party.

      What is shows is that Newcastle United & the Public Investment Fund of Saudi Arabia are working in the manner in which they always world. Complete, 100% lawfully and adhering to the letter of the laws, rules and regulations.

      A long way from the shoddy, barrow boy, dubious business practices of Mr Ashley. However, saying that... Remember when HMRC raided NUFC and Ashley years back... They found nothing. A clean bill of fiscal health.

      However, there is levels to the legitimacy. The manner of current operations are absolutely top notch.

      The Share Issue proves the continued commitment of PiF to the club.

      The additional 100m+ quid of liquidity is operation capital. I would expect this money will be spent on running the clubs, yes, however, it will also be spent on professional services.

      Planning lawyers, Lobbyists for the Stadium location both at the local and national level. Engaging with contractors with etc for the training ground.

      I'm sure there are a plethora other behinds the scenes expenses we as fans and outsiders are not privy to.

      I've used the phrase 'Growing Pains.'

      It manifested this summer in the financial challenges of transfers. Inability to compete with Salaries. The Binmen paying 15m quid more despite NUFC having a price agreed for Ekitike. They could have matched or offer 1m more and got the job done.

      It also manifests in the C-Suite debacle. The growing pains of building out the board room for an Elite level team. A proper Football focused group of directors on the football side and an elite business team on the commercial and financial side.

      We are yet to have that settled executive team.

      The most painful for the fans - Perception & Public Relations.

      This summer has been a blood bath on this score. The club was lead by the nose throughout.

      Perception and PR is an area of the club that needs vast and considerable investment to ensure that the club controls their own narrative.

      It surely can not continue to be at the mercy of the Cartel controlled fleet street scum.

      Well, My gate has been called. I'm sure this is some incoherent ramblings of the over caffeinated.

      When I get some more time, I'm gonna do a 'State of the United' my periodic rambling everything I've heard against the goings on at the club and how we are doing on the pitch...

      I'm sure you're all Braced for that, ramble!

      Take it ez guys. Speak soon!

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      • #4
        Sorry, Raga, I've just seen this.

        Fantastic response-cheers, man.

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