catcherintherye
Player Valuation: £80m
All fair points. From the outside it looks to me like the PL made a perfectly reasonable request- how do you propose to tackle piracy of our product. Any serious buyer, particularly one who itnended to make any sort of investment into a product would understandably comply with that. However this became a red rag to a bull to PIF, who seemed to double down on it, and ende dup banning other broadcasters. This is not a serious approach to wanting to buy something.
It would be like if you wanted to buy a house, you have to have a survey done. As a buyer though, you refuse to pay for a survey. It just drags on and on, Eventually the sale will fall through. Whatever you think of the validity of the survey, if you know that the sale collapses on that basis, and you have it within your remit to pay for a survey and don't that would normally point to one thing-you don't want to go through with the sale.
In all honesty, the PL have behaved with enormous pateince here. Thats the only thing they ciuld be accused of-probably showing too much patience. However they did not reject the deal, it has collapsed because the buyer has pulled out, citing an inability to make money.
What people also seem to confuse, and we had this earlier in the thread, is the difference betweem having lots of money and wanting to spend lots of money. The 300bn is the entire investment pot for an entire country. The idea this pot of money, was at the behest of Newcastle United, or indeed most of it is even liquidity that can be transferred easily into pounds/Euro's is fanciful. Most of their investments, are going to be longer term, safe investments. So take maybe 50% off that figure. Factor in a collapse in oil price, which hits them hard, take 35% of that figure and you're at 100bn. Factor in the liquidity issue 50% and another probably 50% for the money that is available to be spent in that region you're at 25bn. Most of that figure is going to want to be spent outside of sport, so again take perhaps 80% out and you're down at maybe £5bn real money that could be spent on sport.
Then factor in, she is clearly not dealing with Bin Salman who has access to mostof the fund. Probably a more peripheral Rotal cousin or whatever, who may be allocated 10% of that budget over say a 10 year period to invest. I think the reality set in that they ultimately didn't want to plunge most of it into Newcastle without getting a return.
All of these points gave been made time and again to the utter charlatans in their fanbase, who've just replied "cans" or something inane and are now trying to place the blame on anyone other than the buyer, when the blame lies singularly with the buyer. It's pathetic.
As a slight aside, Saudi will not be investing in the PL going forward, and in all honesty, I think we've now probably seen the last state owned takeover of any of our clubs.
