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The Ethical Approach to Club Networks
Keith Wyness, Everton’s ex-chief, has voiced his concerns about the potential pitfalls of multi-club networks in football. As Newcastle United’s owners, the Saudi Public Investment Fund (PIF), look to expand their global presence, Wyness urges a fair and mutually beneficial approach. The former Goodison Park CEO, who now advises top football clubs, emphasizes that all members of such networks should gain, avoiding any exploitation of smaller clubs.
PIF’s Global Ambitions
Recent reports indicate that PIF officials have been scouting Brazil for potential club acquisitions. With Newcastle United and four leading Saudi clubs already under their belt, PIF’s ambition to add European clubs to their portfolio is clear. This move follows the model set by Manchester City’s City Football Group, which has successfully integrated 10 clubs across the globe.
Win-Win or No Deal
According to Wyness, who shared his insights on Football Insider’s Inside Track podcast, the key to a successful network lies in its reciprocal benefits. He warns against a one-sided relationship where smaller clubs serve merely as stepping stones for their larger counterparts. Instead, Wyness calls for a culture of collaboration and shared footballing advantages that ensure all clubs in the network thrive collectively.
Protecting the Game’s Integrity
Wyness’s stance is firm on maintaining the integrity of football through these networks. He cautions that without a genuine commitment to the sport’s welfare, there’s a risk that the most vulnerable clubs could be taken advantage of. His vision for multi-club networks is one where the focus is on the game’s growth and the prosperity of all clubs involved, rather than just profit maximization.
Newcastle’s Latest Transfer Moves
In related news, Newcastle United has reportedly made a move to outbid Bournemouth in a recent transfer deal, showcasing the club’s competitive edge under the PIF ownership. This development is just one example of the impact that ownership networks can have on the football transfer market.
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