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‘Not wise to give false hope’ Some Newcastle fans react to latest PIF purchase

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A lot of Newcastle fans are reacting to news surrounding a company who have been linked with an interest in buying the club.

The Saudi Public Investment Fund (PIF) have been linked with the club as of late, via The Chronicle, and the latest news has given a further positive update as it has been reported that they will be making “a lot of acquisitions in the next few weeks” according to The Financial Times, via The Chronicle.

They recently took an 8.2% stake in a Cruise company, as NUFC360 pointed out on Twitter and this has given fans of the Mapgies some hope that they might be able to get rid of owner Mike Ashley.

Ashley has not got a great reputation with supporters, but for outsiders looking in, they might argue that the owner is doing a good job as the side are 13th in the Premier League under Steve Bruce, via BBC Sport.

However if you look at the club from the start of his ownership until now, via Transfermarkt, you see that club has been relegated twice in seven years when previously they had been relegated twice in the previous 45 years. They have also never reached the 5th round of the FA Cup and qualified for Europe only once.

In the 13 years before he took over the club, per Transfermarkt, they finished 2nd twice, 3rd twice, 4th, 5th and 6th, reached two FA Cup finals, two other semi finals, the semi final of the UEFA Cup and played Champions League football so when you looked into the details like this it shows the owner has taken them from a successful club in the top division to a relegation battling side who struggle to stay in England’s top flight.

Here’s what fans had to say following the news:

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