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Multi-Club Network Ambitions
Following the trend of football’s elite, Newcastle United’s owners, the Public Investment Fund (PiF), are reportedly considering expanding their portfolio by acquiring clubs in France. The move aims to establish a multi-club network akin to the successful City Football Group model.
Scouting Beyond Borders
Finance expert Stefan Borson has highlighted PiF’s eagerness to invest in European football, with the Saudi-Arabian group already setting their sights on potential takeovers in Brazil. With four Saudi Pro League teams and Newcastle under their belt, PiF’s global football strategy is becoming increasingly apparent.
UEFA’s Green Light for Sister Clubs
UEFA’s recent decision to allow clubs like Manchester United and Manchester City to participate in European competitions alongside their affiliated teams has paved the way for Newcastle’s owners to pursue similar ambitions.
France and Germany in the Crosshairs
Borson points out that the financial instability within French football, particularly due to the lack of a TV deal, presents valuable opportunities for takeovers. With only a few clubs like PSG, Marseille, Lyon, and Monaco on stable financial ground, PiF could potentially find lucrative investments. Similarly, financial troubles faced by some of Germany’s big clubs could open doors for PiF’s expansion plans without the fierce competition experienced in Premier League acquisitions.
Newcastle United’s Financial Forecast
In related news, Newcastle United is on the verge of securing a significant financial boost, with expectations of an ‘£80m’ windfall, as reported by Keith Wyness.
