Newcastle United: Club Sold To PCP - Official

[Howay 12496]

 

[OTF 7294]

It's honestly hilarious how they are behaving, shameless tramps.

[Rayvin 5207]

Aye I mean the Premier League has played this terribly tbh. I remain convinced that the basic path for them through this has been that they initially colluded with the old big six to prevent the takeover, and then Ashley of all people managed to get enough on them that they felt they had no choice anymore but to relent. 

 

I mean I'm curious though, what is the stated reason they're giving for the takeover being such a bad thing? Have they outright said they just don't want to actually have to compete or are they still pretending it's a branding thing?

Edited October 19, 2021 by Rayvin

[Howmanheyman 33000]

They're absolutely shameless.

[Gemmill 44649]

The fact that the ban only lasts a month makes it feel to me like they're just flailing. I suspect they're all now off to seek the legal advice that they should have taken before the vote, and will find that they have to let this new rule lapse at the end of the month, if not reverse it before then. 

 

I know Man City opposed this, but if this stands wouldn't it then require them to unwind all of their current sponsorship deals and seek arms length alternatives? If what they were doing was fine until now, it can't suddenly become problematic when another club starts doing it. 

[wykikitoon 20036]

 

 

 

[wykikitoon 20036]

Funny how they weren't bothered when Ashley had Sports Direct shite everywhere

[Kid Dynamite 7019]

https://www.theguardian.com/business/2019/dec/11/saudi-aramco-shares-soar-as-it-becomes-world-largest-listed-company
 

No idea why the other 18 clubs wouldn't want NUFC sponsored by them.

 

Edited October 19, 2021 by Kid Dynamite

[Monkeys Fist 42286]

48 minutes ago, wykikitoon said:

 

 

 

Eh? 

[Meenzer 15484]

Looks like Ashley has had to diversify his interests 

 

[Gemmill 44649]

I would view everything that's going on at the club at the minute through the lens of "how well do you think MBS tolerates incompetence?" 

 

And on that basis, I'm confident that the current deliberations are all about getting shit right first time. No false starts. No fuck ups. No embarrassments. 

[The Fish 10832]

12 minutes ago, Gemmill said:

I would view everything that's going on at the club at the minute through the lens of "how well do you think MBS tolerates incompetence?" 

 

And on that basis, I'm confident that the current deliberations are all about getting shit right first time. No false starts. No fuck ups. No embarrassments. 

 

That's why I think Al-Ramayan's attendance will accelerate things.

[Rayvin 5207]

I am less convinced of this. We have been taken over by a bunch of investors, people who supposedly have a good eye for a deal and something that can grow, but who aren't necessarily capable managers. The Saudi side in particular have the specific experience of meeting political objectives, not managing a football club.

 

This will be why Charnley is still here. He's the voice of experience. And let us remember that for many years now, Charnley has been total shite.

 

They need to get experienced managers in quickly and I do appreciate that's what they're trying to do - but until they manage it we should remain concerned because it does not appear that anyone who knows what they're doing is running any part of the club. Except possibly on the financial side ofc.

 

They're not automatically amazing at everything. They're a group of money specialists who very suddenly ended up running a football club and who don't actually have much knowledge on how to do that. Which is why Bruce and Charnley are both still here. And why we have punch ups in the training ground.

[The Fish 10832]

2 minutes ago, Rayvin said:

I am less convinced of this. We have been taken over by a bunch of investors, people who supposedly have a good eye for a deal and something that can grow, but who aren't necessarily capable managers. The Saudi side in particular have the specific experience of meeting political objectives, not managing a football club.

 

This will be why Charnley is still here. He's the voice of experience. And let us remember that for many years now, Charnley has been total shite.

 

They need to get experienced managers in quickly and I do appreciate that's what they're trying to do - but until they manage it we should remain concerned because it does not appear that anyone who knows what they're doing is running any part of the club. Except possibly on the financial side ofc.

 

They're not automatically amazing at everything. They're a group of money specialists who very suddenly ended up running a football club and who don't actually have much knowledge on how to do that. Which is why Bruce and Charnley are both still here. And why we have punch ups in the training ground.

Oh, I'm not saying they're going to fix everything toot suite. Just that the decisions will accelerate, for better or worse.

[Gemmill 44649]

They'll be paying a fortune to football people on a consultancy basis at the minute, I reckon. It's what I'd do, and I am one smart motherfucker. 

Edited October 19, 2021 by Gemmill

[Rayvin 5207]

I just wish they had been ready for this takeover to happen when it did. They so clearly weren't.

[Rayvin 5207]

Just now, Gemmill said:

They'll be paying a fortune to football people on a consultancy basis at the minute, I reckon. It's what I'd do, and I am one smart motherfucker. 

 

Aye but, speaking as a consultant myself, you don't just automatically come in within the space of a single week and immediately deliver all of the answers. It takes quite a bit of time to get under the bonnet and understand what's going on before you can start making recommendations. Although if they are doing this, they can maybe hire some of their consultants at least.

 

The situation will improve I'm sure, but at the moment I think we have to acknowledge that they might well make some mistakes here because they are only human and that having insane amounts of money does not automatically mean that you are competent - especially at doing something you've never had to do before.

[Gemmill 44649]

I don't see how you can make that claim. Let's say they did know it was going to happen, they can't go out into the market and start openly interviewing candidates for something that was very much under wraps until the last minute. Or something that, even worse, might not actually be 100% going to happen until the very last minute. 

 

Football is leaky as fuck. It would have been all over the press who they had spoken to, when, what about, etc. It might even have blown the deal up. 

 

Edited October 19, 2021 by Gemmill

[Gemmill 44649]

1 minute ago, Rayvin said:

 

Aye but, speaking as a consultant myself, you don't just automatically come in within the space of a single week and immediately deliver all of the answers. It takes quite a bit of time to get under the bonnet and understand what's going on before you can start making recommendations. 

 

Exactly. So which is it? They should have known everything before they bought the club so that they could make immediate decisions? Or, as you quite rightly say here, they'll need some time to assess things after they've bought the club? 

[Gemmill 44649]

I think the conclusion that we're both coming to here is that, if you're gonna get things right, you don't make hasty decisions. Which is what is going on here. 

 

Welcome to Team G-Man. There's cool beverages in the fridge. Help yourself. 

[Rayvin 5207]

Just now, Gemmill said:

I don't see how you can make that claim. Let's say they did know it was going to happen, they can't go out into the market and start openly interviewing candidates for something that was very much under wraps until the last minute. Or something that, even worse, might not actually be 100% going to happen until the very last minute. 

 

Football is leaky as fuck. It would have been all over the press who they had spoken to, when, what about, etc. 

 

 

I suppose maybe it was all press speculation at the time, but the links with Rafa and Pocchetino were out there first time around and it really felt like steps were being taken to be prepared coming into the purchase. This time we had nothing and the whole thing just materialised out of nowhere. Coupled with the fact that we've had knock backs from various people and that Steve Bruce actually took that game against Spurs, which is something that just should never have happened, I think it's fair to say that they're doing work now that genuinely could have been done before it went through.

 

So what if the press got wind of it - unless the thinking is that they had to sneak it through past the other PL clubs and were prepared to sacrifice stability initially to do that. I could maybe see that argument standing up but the practical outcome is basically the same.

[Gemmill 44649]

Just now, Rayvin said:

 

I suppose maybe it was all press speculation at the time, but the links with Rafa and Pocchetino were out there first time around and it really felt like steps were being taken to be prepared coming into the purchase. This time we had nothing and the whole thing just materialised out of nowhere. Coupled with the fact that we've had knock backs from various people and that Steve Bruce actually took that game against Spurs, which is something that just should never have happened, I think it's fair to say that they're doing work now that genuinely could have been done before it went through.

 

So what if the press got wind of it - unless the thinking is that they had to sneak it through past the other PL clubs and were prepared to sacrifice stability initially to do that. I could maybe see that argument standing up but the practical outcome is basically the same.

 

Aye, I edited my post after you quoted it to say that it could have blown the deal up. I think there's every chance it would have if the other clubs had got wind of it in time to organise against it. 

[Ayatollah Hermione 13842]

I only hope that there isn’t too many cooks in the kitchen between PIF, Staveley, Reuben and whoever the next DOF is

[wykikitoon 20036]

If we weren't in a relegation position and at least getting the odd result, people like myself wouldn't be wetting our knickers.

[Rayvin 5207]

4 minutes ago, Gemmill said:

 

Exactly. So which is it? They should have known everything before they bought the club so that they could make immediate decisions? Or, as you quite rightly say here, they'll need some time to assess things after they've bought the club? 

 

I mean, PIF should have been doing due diligence and drawing up plans way, way, way before they bought the club. No one buys anything and then just walks in with a blank sheet of paper and starts from zero. But that does sort of look like what they're doing to a degree, and the only reason I can imagine such a savvy group of investors would be in that position is if things moved quicker than planned. They could have had the consultants in place well beforehand as well.

 

You're right, there's parts of this that they couldn't have gotten going until things were moving, but they don't appear to have a clear view on who should manage the club, who should be DoF, etc. Maybe they're just being very tight lipped about it (although as you say, with football being leaky as fuck you'd think we'd have heard something). All the parts they couldn't get moving they should have been totally poised to jump on immediately. I reckon they didn't see the point in drawing up a manager shortlist until the deal was back on - and that's why we're now running around with names like Steven Gerrard and Eddie Howe.

 

All I'm saying here really, is that I don't think it is reasonable for us to assume that they're an absolute masterclass in taking over and running a football club. I think they're going to have to learn - and if we keep talking as if they are indeed a masterclass, we're going to be in for some rude shocks when the first very obvious mistake goes down. It's arguably already happened.