Re: Sportsbet.io's English Premier League Football Pool Discussion Thread

Quote from: casperBGD on October 08, 2021, 12:32:04 PM

it is not like that, PCP Capital Partners (from Abu Dhabi) have minor stake in this takeover (how they will be the owner of Manchester City and Newcastle United, and Barclays as well, it will be up to FA, but they obviously approved the deal) - they will get board member (Amanda from PCP)
Public Investment Fund (PIF) from Saudi Arabia had major stake in this takeover, and they are practically new club owner

third part of the deal is RB media, that will appoint club director
https://www.nufc.co.uk/news/latest-news/pif-pcp-capital-partners-and-rb-sports-media-acquire-newcastle-united-football-club/

Thanks for the correction, apparently PIF tried to buy out Liverpool in 2008 as well (not sure what happened to make the deal fall through though).

But it kind of feels like Amanda Stavely is running the show at Newcastle now, I'm not hearing any news about PIF making club decisions which I think is good news - I think they should just be pumping money and keep themselves away from nitty gritty club details as much as possible with the reputation they have.