One of those who may have benefited from a better manager.
Take Sancho at Man Utd he’s just spent too much time under Ole, Rashford was able to shake that off but some times you can get in a rut and it finishes you.
So PIF own NUFC outright; as well as a 60% stake in Clearlake, who own Chelsea, whilst they also own the Saudi clubs about to pay a fuck tonne to clear Chelseas books. So who do they ultimately back? I assume Tods a pawn for PIF and they will be backing Newcastle.
I think is confusing many issues. Clearlake is an investment group who take people’s money and spend it in ways that should bring a return for those investors and then take a % themselves off the top. PIF are institutional investors with Clearlake, but that makes them no more shareholders than I am in Fidelity because I have money invested in their mutual funds. The 60% figure doing the rounds Im assuming must be from the % of chelsea that Clearlake own with Bohley and his group from the LA Dodgers owning the rest.
You can make an argument that Chelsea failing and costing Clearlake would cost the Saudis money, but does that mean they’re going to spend money to prop up a direct competitor in a way that makes their sport washing enterprise that much harder to achieve, just so they can protect their balance in an investment fund that represents a likely tiny fraction of PIF’s total balance?
Wait can someone explain to me how PIF are able to invest in two clubs in the same league? I thought you couldn’t do that? Or have they gotten around it by doing it under the name of two different organisations? Or is there a limit on how much they can invest in the 2nd club?