Mr Kobayashi
Well-Known Member
- Joined
- 1 Oct 2020
- Messages
- 17,053
The Saudis have been looking at investing in a football club for the last decade long before the murder of the journalist. They have to diversify their investments away from fossil fuels. Their wealth fund invests in all sorts of sectors as well as sport and leisure. The idea that their whole investment strategy is just a so-called "sportswashing" exercise is ludicrous.
Hardly. Your own post contains a reason why they might want to have a sportswashing beacon in English football.
If Newcastle United's value grew to ten times of the purchase price, it would still be worth less than 1% of the PIF.
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