Mags embarrassing themselves yet again

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Remember few months ago asking the more well read and informed posters on here about the influence and power of the Freemen of Newcastle,just a follow up to ask what will they be thinking about the Leazes terrace accusation and do they not have a say in listed buildings sales
No. But buying a listed building doesn't allow you to do much to it, apart from use it and preserve it.

The Freeman have ancient and well established rights in Leases Park though.
 
Bloomberg

May 21st, 2026

“The PIF’s plans reflect an evolution in Crown Prince Mohammed bin Salman’s Vision 2030 economic agenda, which the fund oversees. After years of funneling money into high-profile overseas investments and futuristic mega-projects, the $1 trillion investor is increasingly prioritising businesses that can generate steady returns while supporting the domestic economy.”
 
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Bloomberg

May 21st, 2026

“The PIF’s plans reflect an evolution in Crown Prince Mohammed bin Salman’s Vision 2030 economic agenda, which the fund oversees. After years of funneling money into high-profile overseas investments and futuristic mega-projects, the $1 trillion investor is increasingly prioritising businesses that can generate steady returns while supporting the domestic economy.”
They've called time on LIV golf,and could be about to do the same with other speculative sporting investments. The AI demand for capital and the prospect of mega returns may be diverting their resources. They will likely want to invest in the upcoming major IPO's,and could be swiftly losing interest in less attractive propositions like the Mags.
 
Bloomberg

May 21st, 2026

“The PIF’s plans reflect an evolution in Crown Prince Mohammed bin Salman’s Vision 2030 economic agenda, which the fund oversees. After years of funneling money into high-profile overseas investments and futuristic mega-projects, the $1 trillion investor is increasingly prioritising businesses that can generate steady returns while supporting the domestic economy.”
calling it now,

some time next week,
or just before preseason starts, PIF will announce they are selling
 
When PIF first appeared there was an orchestrated pretence that they were a hard working group of of investors who just happened to live and work in Saudi*. That's no longer believed yet the Premier League turn a blind eye, in fact two blind eyes.

Neither they, or the Saudis, bother to pretend that PIF isn't entirely financed and operated by the state any longer.

What's pertinent is that it gives the Saudis the perfect 'get out of jail card' if they want to sell ...

... 'Dammit, we'd have gotten away with it if not for these pesky kids, now we'll just have to pack up and go home!' <laugh>

"The Premier League are not commenting on an argument made by Public Investment Fund [PIF] in a US court that they are a “sovereign instrumentality of the Kingdom of Saudi Arabia”, a position that would appear to contradict the reasons given for approving the controversial takeover of Newcastle United in October 2021.

*This is despite chief executive Richard Masters saying at the time that the Premier League had been given “legally binding assurances that essentially the state will not be in charge of the club” and that if there was “evidence to the contrary, we can remove the consortium as owners of the club”.
 
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Bloomberg

May 21st, 2026

“The PIF’s plans reflect an evolution in Crown Prince Mohammed bin Salman’s Vision 2030 economic agenda, which the fund oversees. After years of funneling money into high-profile overseas investments and futuristic mega-projects, the $1 trillion investor is increasingly prioritising businesses that can generate steady returns while supporting the domestic economy.”
Gerrin
 
Poor dears! I knew they'd take it bad. And give a bit more time they'll get worse! Then the rewriting of history will start, if it already hasn't, so that we were lucky or fluked it while they were unduly penalized.
Oh Josh the gimp has already done that. Literally said the og by Walter and today were the reason we got Tyler. Ignoring all of the other goals we scored, and all of the pens VAR decided weren’t penalties fir us, but were fir others.
 
Bloomberg

May 21st, 2026

“The PIF’s plans reflect an evolution in Crown Prince Mohammed bin Salman’s Vision 2030 economic agenda, which the fund oversees. After years of funneling money into high-profile overseas investments and futuristic mega-projects, the $1 trillion investor is increasingly prioritising businesses that can generate steady returns while supporting the domestic economy.”
Similar article this morning on the bbc. A patched up Hotch Potch reading that?