Gemmill 44019 Posted Saturday at 03:56 Share Posted Saturday at 03:56 Looks a bit big. Link to comment Share on other sites More sharing options...
wykikitoon 19774 Posted Saturday at 11:51 Author Share Posted Saturday at 11:51 11 hours ago, Tdansmith said: Wilson reminds me of Daniel Sturridge. Reported 2 Link to comment Share on other sites More sharing options...
Howmanheyman 32569 Posted Saturday at 17:15 Share Posted Saturday at 17:15 10 Link to comment Share on other sites More sharing options...
Holden McGroin 6442 Posted Saturday at 17:36 Share Posted Saturday at 17:36 I thought that was Steve Bruce at first glance Link to comment Share on other sites More sharing options...
Howmanheyman 32569 Posted Saturday at 18:28 Share Posted Saturday at 18:28 31 minutes ago, Holden McGroin said: I thought that was Steve Bruce at first glance I did as well. 1 Link to comment Share on other sites More sharing options...
Sonatine 11271 Posted Saturday at 20:08 Share Posted Saturday at 20:08 4 Link to comment Share on other sites More sharing options...
Dougle 3282 Posted Sunday at 02:19 Share Posted Sunday at 02:19 2 Link to comment Share on other sites More sharing options...
Kid Dynamite 6961 Posted Sunday at 06:42 Share Posted Sunday at 06:42 4 hours ago, Dougle said: Link to comment Share on other sites More sharing options...
sammynb 3283 Posted Sunday at 07:48 Share Posted Sunday at 07:48 1 hour ago, Kid Dynamite said: 1 Link to comment Share on other sites More sharing options...
PaddockLad 16979 Posted yesterday at 10:38 Share Posted yesterday at 10:38 1 Link to comment Share on other sites More sharing options...
LongTimeAdmirer 1235 Posted yesterday at 10:48 Share Posted yesterday at 10:48 (edited) 11 minutes ago, PaddockLad said: https://www.ft.com/content/5004fbc6-23e2-4b9f-9885-14e1ea724ce2 Saudi Arabia’s wealth fund retreats from international investments Public Investment Fund will focus more of its financial firepower on domestic projects Saudi Arabia’s sovereign wealth fund plans to scale back the share of its international investments by about a third, drawing a line under the past decade’s multibillion-dollar global spending spree as it refocuses on the domestic economy. The Public Investment Fund, which has about $930bn worth of assets, said it intended to cut the proportion of funds invested overseas to between 18 and 20 per cent, down from 30 per cent. PIF governor Yasir al-Rumayyan told the Future Investment Initiative conference on Tuesday in Riyadh that initially most of the fund’s investments were domestic Saudi projects. “But then [the proportion of international investments] increased from 2 per cent all the way up to 30 per cent,” he added. “Now our target is to bring it down to a range between 18 to 20 per cent.” As the PIF comes under pressure to deliver returns and on its vast array of domestic commitments, it has been putting more conditions on mandates for fund managers, telling them it wants to see more investment in Saudi Arabia if it is going to commit to new funds. The wealth fund has already sold down its stake in BlackRock, and disposed of its holdings in Carnival, the cruise liner company, and entertainment group Live Nation. According to filings at the US Securities and Exchange Commission, the PIF’s traded stocks in the US fell from about $35bn at the end of 2023 to $20.5bn on March 31, before stabilising in the second quarter at $20.6bn. The PIF has been at the heart of a major plan launched by Saudi Crown Prince Mohammed bin Salman to diversify the kingdom’s economy away from its dependence on oil revenues. It had previously made waves with a string of high-profile deals, including pumping $45bn into SoftBank’s Vision Fund in 2016 and $20bn into a Blackstone infrastructure fund the following year. The fund has also made splashy acquisitions including Newcastle United football club and bankrolled ventures such as the LIV Golf professional tour. Rumayyan said international investors who had previously sought funding from the PIF were also shifting their approach. “We’re more focused on the domestic economy and we’ve been achieving and doing so many big things,” he said. Now, he said, there were more “calls for co-investments” with the PIF instead of “people who want us to invest or take our money”. Rumayyan did not say when the PIF aims to meet its new target for international investments. Edited yesterday at 10:49 by LongTimeAdmirer Link to comment Share on other sites More sharing options...
Gemmill 44019 Posted yesterday at 10:56 Share Posted yesterday at 10:56 ONLY 18 TO 20% OF $930BN?!?! 1 2 Link to comment Share on other sites More sharing options...
Dazzler 9230 Posted yesterday at 11:23 Share Posted yesterday at 11:23 RTG will have us sold to the Venky’s by Christmas. 3 Link to comment Share on other sites More sharing options...
Tdansmith 3191 Posted 22 hours ago Share Posted 22 hours ago (edited) Newcastle United sign Georgian forward Vakhtang Salia One for the future 🤞 https://www.newcastleunited.com/en/news/newcastle-united-sign-georgian-forward-vakhtang-salia Edited 22 hours ago by Tdansmith Link to comment Share on other sites More sharing options...
Meenzer 15329 Posted 22 hours ago Share Posted 22 hours ago Guess you better slow your Vakhtang down. 8 Link to comment Share on other sites More sharing options...
Dazzler 9230 Posted 22 hours ago Share Posted 22 hours ago 3 minutes ago, Meenzer said: Guess you better slow your Vakhtang down. 2 Link to comment Share on other sites More sharing options...
Gemmill 44019 Posted 22 hours ago Share Posted 22 hours ago 5 minutes ago, Meenzer said: Guess you better slow your Vakhtang down. If the fans go with Mustang Sally as a chant, I hope he stays here 15 years and breaks Shearer's record. 3 Link to comment Share on other sites More sharing options...
Alex 34685 Posted 6 hours ago Share Posted 6 hours ago We’re small fry anyway to the PIF. The lack of recent investment is all about PSR imo 1 Link to comment Share on other sites More sharing options...
Dr Gloom 21747 Posted 6 hours ago Share Posted 6 hours ago 16 hours ago, Meenzer said: Guess you better slow your Vakhtang down. Link to comment Share on other sites More sharing options...
The Fish 10655 Posted 6 hours ago Share Posted 6 hours ago 16 hours ago, Meenzer said: Guess you better slow your Vakhtang down. 2 Link to comment Share on other sites More sharing options...
wykikitoon 19774 Posted 5 hours ago Author Share Posted 5 hours ago Link to comment Share on other sites More sharing options...
Dazzler 9230 Posted 4 hours ago Share Posted 4 hours ago 49 minutes ago, wykikitoon said: I hate it when Simon Jordan says things I agree with. 2 Link to comment Share on other sites More sharing options...
Meenzer 15329 Posted 4 hours ago Share Posted 4 hours ago 6 Link to comment Share on other sites More sharing options...
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