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Rodgers To Newcastle Story Quickly ‘Killed’ By Leicester-Based Reporter



Sky Sports reported earlier today that Brendan Rodgers has become Newcastle’s number one target to take over when Steve Bruce is let go. The report comes from Sky Sports Italy’s Gianluca Di Marzio.

Here is a report on Sky Sports with local journalist Keith Downie providing some more information.

Downie emphasizes in his report that the claim comes from Di Marzio and not from his sources. Looking at Di Marzio’s initial report it is very scant on details. The most prevalent one being that Rodgers has a €16m (£13.6m) release clause in his contract.

If you combine the cash to take Rodgers from Leicester with the close to £8m Newcastle would have to pay Bruce in compensation, it’s quite a large amount of money for this particular managerial swap.

It didn’t take long for someone to refute this breaking news. John Percy with the Telegraph has rebutted this claim and emphatically states that Rodgers has no desire to leave the King Power Stadium. His colleague Luke Edwards has vouched for Percy’s accuracy in his reporting.

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154 comments so far

  • Toonces

    Oct 13, 2021 at 8:09 PM

    Comment #81

    Aren’t there rules against multi-club ownership? Mainly I think this is for clubs who could potentially compete against each other in UEFA competitions. But I thought you couldn’t own more than 10 or 20% (something like that) of more than one club. I know the Pozzo family breaks this rule with Watford and Udinese but since they aren’t going head to head in Europe there has yet to be an issue. Also why Ashley couldn’t take more ownership in Rangers few years back.

    0
  • Essex Geordie Bill

    Oct 13, 2021 at 8:11 PM

    Comment #82

    Rob

    True but contracts can be bought out!

    Although I couldn’t see him dumping Bayern!

    0
  • Adamn_92

    Oct 13, 2021 at 8:11 PM

    Comment #83

    JP

    We may have read the same thing! Think it was that which mentioned he previously had shown interest in managing in the premier league, or I read it somewhere a while back. Either way I could see him being tempted to give it a crack. With his discipline I could see him having an immediate enough impact to save us this season too. Would be able to bring in players he knows well in January who already know how he likes to play. Could also be aware of some gems in the Russian league from his current role with Lokomotiv. I’d be very pleased if we got him as either manager or DOF.

    1
  • DrGloom

    Oct 13, 2021 at 8:11 PM

    Comment #84

    Jane – having a share ownership doesn’t mean you have to match the majority shareholder for funds spent thereafter , pretty sure the contract they’ve drawn up between them will state as such .. not that we’ll ever see it of course

    1
  • WLtoon

    Oct 13, 2021 at 8:11 PM

    Comment #85

    The Inter story keeps turning up like a bad penny, might be old news but there again, it might not.

    0
  • The Ledge

    Oct 13, 2021 at 8:11 PM

    Comment #86

    I’m pretty sure Pif can’t be majority shareholders in two clubs that are competing in European competition (When we get there ).
    RB Leipzig had issues with that.

    2
  • barkel

    Oct 13, 2021 at 8:13 PM

    Comment #87

    @Shola, we could do worse than Potter, currently has brighton in 6th, level on points with city. I know it’s only 7 games in but that’s pretty decent. They’ve only conceded 5 goals in that time, only City & Chelsea have conceded fewer

    3
  • Essex Geordie Bill

    Oct 13, 2021 at 8:13 PM

    Comment #88

    Wonder if AS might pull a sicky on Sunday! 🙂

    1
  • Munster Mag

    Oct 13, 2021 at 8:28 PM

    Comment #89

    Yes please as manager – Rangnick, Ten Hag, Potter, KK/Jones, Favre, Rodgers, Poch

    No thanks – Howe (what a boring sod with a whiney South coast voice), mourinho, Stevie G.

    4
  • jane

    Oct 13, 2021 at 8:35 PM

    Comment #90

    thanks DrGloom that’s a good explanation that seems likely. if that is the arrangement and PIF put a lot of money in and they make a profit would PIF get more than 80% of the profit? also if PIF put in a lot of money if/when they sell the club for a profit would PIF get more than 80% of the money from the sale?

    1
  • IrishRob

    Oct 13, 2021 at 8:36 PM

    Comment #91

    Aah I get you now Bill, you confused me when you asked was he available. Thought you meant is he with a club or not.

    0
  • jane

    Oct 13, 2021 at 8:37 PM

    Comment #92

    what’s in it financially for PCP and the Reubens? how are they going to make money from owning Newcastle United? i’m presuming they will want to.

    0
  • jane

    Oct 13, 2021 at 8:38 PM

    Comment #93

    the parties rocking now.

    0
  • jane

    Oct 13, 2021 at 8:39 PM

    Comment #94

    “we should be as vociferous about it as possible.”

    you’ll be shouting at the TV IrishRob?

    3
  • DubaiMicky

    Oct 13, 2021 at 8:47 PM

    Comment #95

    Mund, re Saudi (and Middle East in general) football.

    Most of the pro clubs here have African and South American players, there needs to be massive investment to getting the kids to play, there is support at the games mind you, there’s a 10,000 seat stadium under a km from my house, it gets half full, but I don’t live in Dubai or Abu Dhabi which has a greater population.

    The fact that PIF want to get soccer schools (as they’re called here) and centres of excellence so the folk here can play and push themselves is a breath of fresh air, when there’s a Saudi women’s team playing, that will be a big step forward.

    It’s a project MBS has planned his Vision 2030 that will do these kind of things, it’s a project, it will take time.

    Let me give you an example, Boris Yeltsin set up huge numbers of Tennis Academies across Russia in the late 80s, now look at the amount of top Russian Tennis players.

    Saudi will be wanting to do that.

    5
  • IrishRob

    Oct 13, 2021 at 8:47 PM

    Comment #96

    I would imagine it’s they just want a stake on the project if they are putting all this work into it.

    My guess is their stake will slowly get smaller and smaller over time, because I can’t see them keeping up with what the Saudisvare going to be putting in even if it’s only 10% of the expenses.

    Maybe Reuben’s might continue to invest but Stavely absolutely won’t because she simply doesn’t have the money. Her net worth is 100M At best she has 30-50M of that in actual cash. She’s already after investing 30M of it to buy us, no way she’s going to have 10M to add every time we spend 100M. She’d be broke in 3-4 years.

    0
  • IrishRob

    Oct 13, 2021 at 8:49 PM

    Comment #97

    I will Jane ye! Like a manic, listen out for me pet.

    0
  • Munster Mag

    Oct 13, 2021 at 8:50 PM

    Comment #98

    Pretty Vicious article in Guradian re PIF Saudi murder. “what do newcastle fans think about murder”

    They claim our average position over Ashley’s reign is 13th?thats about right isn’t it, allowing for 2 relegations ( which I think they ignore).

    They slag off our “suffering”… Saying Liverpool suffered for 30 yrs without a league title.

    Wud they ever fcuk off?

    7
  • kilcline

    Oct 13, 2021 at 8:53 PM

    Comment #99

    You have to applaud Jane for being one of the best wind up merchants going, playing the long game massively, toon being successful will hurt him/her.

    Toon are going to buy the league #cans

    9
  • DubaiMicky

    Oct 13, 2021 at 8:53 PM

    Comment #100

    Munster, loveable lefties with an axe to grind aren’t they.

    It’s just noise and printing what their readers want to hear.

    0
  • SholaShow

    Oct 13, 2021 at 8:54 PM

    Comment #101

    Reubens land gets developed and world-class infrastructure built on it. Any property they already own in the city by extension goes up in value. Their £30m investment into the club grows massively.

    PIF’s motivations go beyond money, but they will make plenty, just not directly from Newcastle United’s coffers. Their vision 2030 is the bigger picture.

    PCP’s £30m investment grows and Amanda’s already good reputation and large network gets expanded. She and Mehrdad perfect faces for the club and provide the connection with the fans.

    It’s a dream consortium with everything in place.

    10
  • IrishRob

    Oct 13, 2021 at 8:55 PM

    Comment #102

    Munster it’s time for everyone to stop interacting with them. They’re going to say what they’re going to say. And yet none of them are stupid enough not to understand we aren’t who they should be directing their crap towards. Yet they still do it anyway.

    They want to hurt us and make us feel bad because the vast majority of them are jealous and or don’t want us to be the big boys at the table.

    Im Starting to see it would probably hush them up sooner if we don’t interact.

    5
  • IrishRob

    Oct 13, 2021 at 9:00 PM

    Comment #103

    Shola, it doesn’t really tbh. For them to keep their 10% they would have to invest a further 10% of all expenses every time. If they don’t then their shares get smaller and smaller over time.

    So as the club gets bigger and more valuable they loose shares if they don’t continue to invest but because the value goes up they won’t loose any money as their shares will be smaller but by then worth more.

    3
  • SholaShow

    Oct 13, 2021 at 9:02 PM

    Comment #104

    irishRob

    That’s not how shares work, at all.

    8
  • lochinvar

    Oct 13, 2021 at 9:02 PM

    Comment #105

    We don’t need or expect a new DoF or Manager by Sunday. In fact the club needs to be very thorough in these appointments.

    If the players need clarity then show the 3 Steves the door and leave the respected Jones in charge for the Spurs game.

    That seems to be the right signals to send to the watching world.

    3
  • Mund

    Oct 13, 2021 at 9:05 PM

    Comment #106

    Cheers Micky

    Sounds good mate

    0
  • lochinvar

    Oct 13, 2021 at 9:05 PM

    Comment #107

    Munster
    If the Guardian want to know about ‘murder’ will they ask Blair and the architects of war?

    5
  • DubaiMicky

    Oct 13, 2021 at 9:10 PM

    Comment #108

    Exactly SholaShow #103.

    When you buy some shares in Shoite Direct do you have to put money in when they want to buy a new branch? Of course not.

    3
  • Pottsclock

    Oct 13, 2021 at 9:12 PM

    Comment #109

    I thought there were rules on multi-club ownership. However, Brighton’s owner, Tony Bloom, is owner/chairman of Premier League football club Brighton & Hove Albion (BHA) as well Belgian First Division A team Royale Union Saint-Gilloise (USG) who are in third place in the top tier of the Belgian league.
    He acquired BHA is 2009 and USG in 2018 who were then promoted to the top division in Belgium last season.
    And that’s proven useful for Brighton who have been able to loan players to USG for development, such as Alex Cochrane who is there on a season long loan from BHA. It also allow players to play for USG until a point in time when they are qualified to play in England.
    Frankly, I am amazed it is permitted under UEFA rules.

    2
  • IrishRob

    Oct 13, 2021 at 9:13 PM

    Comment #110

    Wow!! It’s 100% how shares work. But OK.

    If you buy a stake In something and don’t continue to invest in the project while the other shareholders do, then your shares get smaller.

    If what your saying was the case you’d be getting something for nothing and why would other stakeholders continue to invest if it meant they’d be practically giving some of their money to you.

    It’s like for example me and you buy a company for £100 we both buy 50% each at £50 each, I decide I don’t want to invest any more of my money but you decide you want to continue investing yours. If you then invest £1,000,000 in to the company, the scenario you proposed would then mean if own 50% of a business worth £1,000,100.

    You essentially be loosing 500k and I’d be gaining 500k all because I didn’t want to invest.

    In real life that’s not how it works. The more you invest the less my shares are worth unless I choose to invest at the same rate/amount as you.

    8
  • The Prince's Mate

    Oct 13, 2021 at 9:16 PM

    Comment #111

    McLeish tips Newcastle to appoint ‘world leader’ after what he’s heard from his ‘mate’ Bruce

    Mcleish?as bad as Bruce etc
    Throw him in the same dirty bucket as Bruce, Phatt Sam, JFK (God bless him now) Sparky , Pardew ,Mclaren, Dalglish and all of the other lazy roundabout managers past and present milking a life out of our clubs

    2
  • IrishRob

    Oct 13, 2021 at 9:19 PM

    Comment #112

    Just as a caveat to that in case some of ye are confused.

    While your shares will drop if you don’t invest when others are. You won’t loose money.

    This is because if others are investing the Value of the company goes us and so does the shares. So while you’re loosing shares, the Vale of the shares you still have are worth more. Ergo you don’t loose money.

    2
  • onmeedsun

    Oct 13, 2021 at 9:20 PM

    Comment #113

    Jane
    When further funds are put into the club, other that the clubs own operational funds, it will be either as an equity injection or as a loan. If equity then PCP and Reubens would have to put in 10% of the overall amount each if they want to maintain their 10% stakes in the football club. Clearly if they don’t do this and all the funding comes from PIF then their equity stake is diluted. It’s more likely that the new funding will be in the way of a loan, which will need to be repaid at some point. But I’d expect any repayment date will be a long way off. They would hope that future profits will start to repay this friendly loan, once revenue streams grow. There may be an option to convert the loan to equity years down the road if it remains unpaid, but that would also dilute the PCP and Reubens shareholding if they haven’t put loan funds in.
    Bottom line though is that any loan would be from an owner, so friendly, unlike a bank loan where they could take the business if unpaid.

    2
  • The mighty wyn

    Oct 13, 2021 at 9:21 PM

    Comment #114

    I suspect pcp haven’t put any cash in. Reckon the 10 per cent is their fee for negotiating the deal
    Wouldnt be surprised if they and jamie get paid positions in the club to run it on behalf of pif

    5
  • Pottsclock

    Oct 13, 2021 at 9:21 PM

    Comment #115

    I’ve just found this useful list on wikipaedia which list all the owners of EPL clubs and their estimated combined net worth in the third column.
    I had to smile, because if you go down the list you arrive at our club and the net worth of owners is……almost 10 TIMES the net worth of the next richest owners. hahahahaahahaha.

    5
  • DrGloom

    Oct 13, 2021 at 9:22 PM

    Comment #116

    Jane – PCP and Reubens will likely have a clause in contract where PiF have first refusal on shares at fair value, usually means extra money put in by majority shareholder is taken into account when valuing company. Given the value of the club is likely to increase exponentially they will make a tidy sum.

    0
  • Pottsclock

    Oct 13, 2021 at 9:23 PM

    Comment #117

    Let’s buy Real Madrid and use it as a feeder club

    2
  • NY Mag

    Oct 13, 2021 at 9:25 PM

    Comment #118

    Irishrob,

    What you are talking about is a cash for equity scheme, there’s no indication that’s what will happen (tbf, there’s no indication that won’t happen either)

    I suspect that the club will either use the loan method (as Ashley did) or borrow money from external financial institutions (PIF will stand as guarantor if necessary)…..borrowing money is fairly cheap ATM

    2
  • onmeedsun

    Oct 13, 2021 at 9:25 PM

    Comment #119

    Irish Rob correct at #112, except it is possible for your smaller stake to be worth less if the company tanks and is worth less. It’s all about ensuring that in the long term the club is worth say £1b after investing say £500m. For that to happen the revenue streams need to grow substantially and annual profits are higher than they are now.

    2
  • Toon Tang

    Oct 13, 2021 at 9:25 PM

    Comment #120

    Potts, at the same time it works out about 4 times the wealth of all the other top 10 richest teams combined I was reading.

    Serious monies eh

    1


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