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:
PIF have taken an 8.2% stake in cruise operator company Carnival, and a source close to PIF said we should expect to see “a number of further acquisitions in the coming weeks”. 👀 #nufc [Financial Times]
— NUFC360 (@NUFC360) April 6, 2020
— Carl Mcvay-nufc⚫️⚪️ (@mcvaycarl) April 6, 2020
Don’t give me hope pic.twitter.com/A8suaTbQNG
— Roman (@AndrewK67647299) April 6, 2020
Ashley isn’t a willing seller & if the Saudis had really wanted to they’d have bought it by now. It’s probably not wise to give people false hope when there’s virtually zero chance of this actually happening..
— Chris Barry (Burbs) (@TOON_N_I) April 6, 2020
Its 80 chance of happing
The premier league doing fit and proper tests we will hear something about takeover completed with in 1/2 months
In Saudi there it is complete but our paper 2 week be hind— Andrew Anderson (@Ando87NUFC) April 6, 2020
Just a matter of weeks these will be our new owners
— Patty O’dor (@mal_gordon) April 6, 2020
Let’s hope we are one of them!!! @PIF_en @NUFC let’s do this
— David Tasker (@DavidTazGolf9) April 6, 2020
