The Shields Gazette have an excellent article out today on how much the Newcastle owners spent on bringing players into the 4 clubs they are now majority owners of – in the Saudi Pro League.
The 4 clubs are Al Hilal, Al Ittihad, Al Ahli, and Al Nassr and they are all majority-owned by Saudi Arabia’s Public Investment Fund (PIF).
And FIFA has just reported that the PIF paid a staggering £701M on new players in the summer and there are no FFP rules governing investment as there are in the Premier League.
Former Premier League players now plying their trade for the 4 PIF clubs in the Saudi Pro League include Cristiano Ronaldo, Neymar, Karim Benzema, Riyad Mahrez, Ruben Neves, Jordan Henerson, Fabinho, Kalidou Koulibaly, Alex Telles, Edouard Mendy and Sadio Mane.
And EUFA are reported to be considering inviting Al Nassr into the Champions League for next season.
And we shouldn’t forget that Newcastle sold Allan Saint-Maximin to Al Ahli for £22M last summer and he has now played 13 games for his Saudi club with 3 goals and 3 assists.
While at Newcastle Allan played 124 games with 13 goals and 21 assists.
So Allan Saint-Maximin seems to be doing well enough in Saudi Arabia by his stats.
The fact that the PIF can spend a huge amount of money over one summer shows why other top Premier League clubs are alarmed about Newcastle in the future.
We are limited at the moment because of our revenues – but once they rise it seems like the PIF can afford any transfer amount Newcastle need, under the rules of the FFP, where you can only spend so much, based on your annual revenue.
Our owners are working hard to raise the commercial revenues at Newcastle and are doing a good job of getting some stellar deals closed.
Our revenues in a couple of years could be double what they were when the new owners took over – from around £180M to close to £400M.
So that’s why the top PL clubs and the Premier League itself are trying to put restrictions on Newcastle.
It’s a pity they didn’t do that in the past with clubs like Chelsea and Manchester City.
Chelsea have won 5 Premier League championships, 2 Champions Leagues, 5 FA Cups, and 3 League cups since they were acquired by Roman Abramovich for £140m in 2003.
Manchester City, since they were acquired by Sheikh Mansour in September 2008 for £200M, have won the following – 7 Premier League Championships, 3 FA Cups, 6 League Cups, and one Champions League.
Rafa Benitz was right when he said the best clubs in the Premier League are those with the most money.
This is the statement Rafa made back in 2013, while interim manager at Chelsea:
“Football has changed. We know since the arrival of people with big money, the Premier League has changed,”
“To manage a club with common sense used to be fine. To have a good manager like Wenger was fine, and you could achieve things.”
“Now it’s a different world with clubs with big money.”
“You cannot compare the two.”
As far as we can tell, our owners are managing Newcastle with common sense and also have big money available, probably more each year as our revenues continue to rise.
So we wonder how many trophies Newcastle will win in the next decade – even with the Premier League doing everything they can to prevent us becoming super successful – like Chelsea and Manchester City in the past.
What do you think about this?