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When the PIF, Amanda Staveley and the Reuben brothers bought Newcastle United in October 2021, they became the richest owners in the Premier League. By far.
But can they use that considerable wealth, like Chelsea and Manchester City did when they were bought out by incredibly rich owners? The answer is no.
Kieran Magure explains why. Illustrated by Philippe Fenner.
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Additional footage sourced from freestockfootagearchive.com
#NUFC #PriceOfFootball
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Ffp we should have caps for the rich and elites who hog all the resources they keep stealing, before they change system, while they make a mockery of so called equality for all forever. Sports is distraction and an implementation of slavery, simple as.
EPL rip oil money will end club culture otherwise keep team strictly bugget for club in spending on players like NFL
Also Chelsea were already a good team when Roman bought them
What I don’t get is why no one mentions Aston Villa, the 2 owners are worth more than Stan Kroenke at Arsenal
So we can expect a local dry cleaner that is suddenly purchased by a second cousin to buy an advert in a gameday program for 14 billion. Then they buy Haaland, and Mbappe in the January window.
Aston Villa have 4th richest owners in prem no? combined £10B from owners NSWE
Still have no idea how much they can actually spend
I wait with barely suppressed eagerness for the April 2022 sequel, "How Much Money Can Newcastle Spend In the Championship?"
Does sending those players that are "difficult to dislodge" on loan brings down the PNS?
Does sending those players that are "difficult to dislodge" on loan brings down the PSN?
Newcastle have 320 billion?
Newcastle deserves nothing but a garbage can, hope they get dumped out of the premier league!!!
Exactly why Glazers out, they're so poor look at them
The other thing with chelsea was that they were a Champions League team and Newcastle are not close
you also neeed a genius manager like guardiola
They just heard United and thought they were getting Man U.
Arsenal 12% right who's the comedian
Interesting
Mansur of ManC spends state money, not his own. This is difference! He just presents it as “commercial deals”. List companies supporting ManC and it will be clear.
??? 800 mill ?
Doesn't Aston Villa have rich owners aswell? The chart misses them out completely.
So basically unlimited spending so long as they "secure sponsorships" with companies they own.
Cambridge United anyone?
Hahha come on the toon dawfs the rest of the clubs
Is it likely Mike Ashley underinvested on purpose to make a sale more attractive for these reasons?
Really warms your heart to see a traditional working class pastime turning into this bloated, money-obsessed abomination.
Definitely best league in the world now by far
I still laugh every time I see that pie chart. But let's remember PIF ultimately want to make money. Which is fine as long as we can be successful along the way
The last thing the Premier League needed was another Man City.
Dinner dinner nop… jaja
These rules are a necessity for football to survive