kenada_blue
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Yeah fair enough.
The additional hurdle for Newcastle compared to 2009 is that City entered this rarified world as the only state-backed operation and the PL wasn’t quite so financially dominant as it is today.
Right now in England you can be one of the top 15 richest clubs in the world but only the 6th/7th richest in the league.
Newcastle are now attempting to disrupt a very well-established hierarchy that won’t suddenly become weaker just because another club has moved in.
This is brutally tough. There will probably be some missteps along the way.
City aren't "officially" state backed though. The company that own City are a private investment group. They also handed all control over to Al Murbarak who runs the operation.
Now, you'd be silly not to bet that funds do come from the royal family pot but Mansour owns that many investment firms, businesses, and is on the board of that many government councils, that they'll overlap each other in terms of money coming in to fund whatever...it'll be a minefield.
Newcastle's owners are just 100% funded by the Saudi state. There's no separation. Unless there is and it's the most flimsy "separate" company ever.
There's no rule to say that can't be allowed. But there is a ruling about the business the funds are coming from that doesn't endorse or fund criminal activity. PIF is least transparent public fund in the world. So...yeah. Not ropey