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Newcastle Utd (and Viz)

In all honesty it's going to be approved by the FA any time soon and the murderous, backwards stone age Saudi government will have their filthy fingers involved in our beautiful game. Imagine being owned by a man who ordered the murder and dismemberment of an innocent journalist just doing his job. Didn't even have the balls to tell his fiance where they dumped his body.
 
@catcherintherye

Saudi PIF has exposure in

Uber 21% of the portfolio!!!
BP
Boeing
Citigroup
Marriott
Disney
Live nation entertainment
Carnival corp
Bank of America
Royal Dutch Shell
Starbucks
IBM

And a handful of others...

The Saudis stock investments 6% from march 31st to may 15th

However one important factor, we dont know the acquisition costs so we cant tell if its unrealised gain or sitting on a loss loss.

My guess is a heavy double digit loss.
 

@catcherintherye

Saudi PIF has exposure in

Uber 21% of the portfolio!!!
BP
Boeing
Citigroup
Marriott
Disney
Live nation entertainment
Carnival corp
Bank of America
Royal Dutch Shell
Starbucks
IBM

And a handful of others...

The Saudis stock investments 6% from march 31st to may 15th

However one important factor, we dont know the acquisition costs so we cant tell if its unrealised gain or sitting on a loss loss.

My guess is a heavy double digit loss.

There are 2 questions I would ask. Firstly how many of those investments have they pumped hundreds of millions into on an annual basis?

Secondly, to what extent will the belt tightening around oil going to have an impact? I suspect one of the easiest and first things they can do at moments where there is a liquidity crunch is to start cashing out investments. I have a very small portfolio, but I know if I lost my job it would probably have to be one of the first things I sold.

This oil crisis is not going away. Long term trends are against oil (in terms of green energy). You also feel medium terms trends (away from globalisation airlines going bust, people working from home etc) will also be added to a short term crisis. I haven't checked oil for a while but suspect it's still well below 40$. It costs us 38$ to get it out of the ground. I know for the Nordic countries they can do it as cheaply as 15$ so I don't know where the Saudi's pitch in relation to those. But even if it were in the middle somewhere, they may have seen a profit margin of say $100+ per barrel reduce now to $10. Even in recent times it may be down from £40 to 10$. For a major part of the economy, that provides the liquidity to turn all other aspects this is a severe reduction.

The idea they will then be throwing money about, ah la City when the profit rate was $10x that rate just doesn't sit right with me at all. And that is me being quite optimistic, the last batch of oil (which they produced lots of) they probably lost $60+ dollars per barrel. It may take them close to a year to get back to an even point of just recovering that single months loss. (Obviously if we get another repeat this month, double the time frames). I'm not sure they can approach investments in quite the same way.
 
Buongiorno toffees. Welcome to what promises to be a BIG week for outrageous claims and supersonic hyperbole. I for one can simply not wait.
We begin the week on familiar footing as my man Nesbitt is again pooh poohing concerns raised by Khassogis lass.

Neil NAILS it on the comments:

Put a sock in it love!
Finally John boy rollercoasters in with this snippet of ITK info: :eek:

Excellent team work guys. Use of Arabic text and Saudi flags, complete with pouring scorn on how someone could feel bereaved for a partner they only knew for 6 months.
A superlative pièce de résistance. 5 laughing emojis for you lollollollollol and it’s only Monday!
 

Buongiorno toffees. Welcome to what promises to be a BIG week for outrageous claims and supersonic hyperbole. I for one can simply not wait.
We begin the week on familiar footing as my man Nesbitt is again pooh poohing concerns raised by Khassogis lass.

Neil NAILS it on the comments:

Put a sock in it love!
Finally John boy rollercoasters in with this snippet of ITK info: :eek:

Excellent team work guys. Use of Arabic text and Saudi flags, complete with pouring scorn on how someone could feel bereaved for a partner they only knew for 6 months.
A superlative pièce de résistance. 5 laughing emojis for you lollollollollol and it’s only Monday!

Wowzers! Imagine that here - I'd be ashamed of the club.
 
Buongiorno toffees. Welcome to what promises to be a BIG week for outrageous claims and supersonic hyperbole. I for one can simply not wait.
We begin the week on familiar footing as my man Nesbitt is again pooh poohing concerns raised by Khassogis lass.

Neil NAILS it on the comments:

Put a sock in it love!
Finally John boy rollercoasters in with this snippet of ITK info: :eek:

Excellent team work guys. Use of Arabic text and Saudi flags, complete with pouring scorn on how someone could feel bereaved for a partner they only knew for 6 months.
A superlative pièce de résistance. 5 laughing emojis for you lollollollollol and it’s only Monday!


Haha Fancy saying to someone who's husband was murdered without any justice that they're banging on like a broken record about it wow
 
Haha Fancy saying to someone who's husband was murdered without any justice that they're banging on like a broken record about it wow
It was her fiancé mate! And she’d only known him for 6 months according to the lads. Therefore she should be over it by now and cheering on the ‘takover‘
 
Karim is licking his sausage roll lips at the prospect of a new super universe headed by the toon.

I’m sure Roma, with their illustrious history and average attendances of over 37,000 are champing at the bit to be subservient to fat bloaters with NUFC tattooed across their tits.
This is the New World Order Bonny lads! The toon are the most passionate lads on the planet!

lol lol lol lol Four laughing emojis for you, you ridiculous cretin.
 

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