Newcastle United owner Mike Ashley is in talks to sell the club to Sheikh Khaled bin Zayed Al Nahyan, the UAE billionaire's investment group has said. Sheikh Khaled, a cousin of Manchester City owner Sheikh Mansour, failed with a £2bn takeover of Liverpool last year. It has been reported the deal for Newcastle is worth £350m. The Bin Zayed Group said it has agreed terms and hopes to complete the deal "at the earliest opportunity". The sheikhs are taking over! https://www.bbc.co.uk/sport/football/48420387
After Mike Ashley I think it can only be a good thing for Newcastle. Could get very tasty in the Top 6.
My concern is a conflict of interest or some sort of pact developing between City and Newcastle. Is it time there was a Competition and Market Authority set up in Football like other businesses.
Sunderland lose last second in the playoff final yesterday and now Newcastle are going to become one of the richest clubs on earth. Carlsberg weekend Yyyeeesssssssssssssssssss
I don't know but things happen we may not yet foresee. I'm looking at it like two or more businesses that reduce competition between themselves through dubious practises. The fit and proper checks that are done at the moment are pretty useless and not stringent enough, but in business (and football clubs are a business) there is some oversight in preventing monopolising of the market, price-fixing, even protection against anything that may reduce competition offered to Joe Public. In football, the market is what's happening on the pitch, the price-fixing could be the players being traded between both or that each go for from a 3rd party, and reduction in competition in terms of performances and league positions. Not all of those may happen but one or more is a possibility when you have such a close personal link between two owners with that much wealth.
I'm on best behaviour last chance saloon I am loving this news, but until we've signed messi I wont believe it What I will say is that i just want us to at least try and do well. being a top club isn't so important to me.
It's possible....PL is spineless...anyone running football generally is Didn't City get a 'sponser' for their training complex worth £400 mill? From one of his 75 cousins? That's how they got past the initial FFP I wouldn't hold my breathe.
Yeh that's why I'm raising it tbh. If they can do that, then well, what else could they do to get around the system? Nothing against Newcastle btw, I like the club and wish them well, just something about two billionaire cousins both buying clubs in the same league that rings alarm bells.
Chill Trebs word is the cousins hate each other after "an incident" involving sun cream whilst on a family holiday in 1998 .