theHotHead wrote:The Newcastle purchase makes perfect sense, the club won't take much to buy, they have a great stadium already and numerous and fanatical support. Everything is in place for them to become a top level club.
This.
If you have the inbuilt fan numbers, they already have a stadium which just needs a touch up and it costs less than to buy an Arsenal or Liverpool, once they get the players which you have to do at any club, then they'll have everything in place for less than half the cost.
It cost them £300m to buy Newcastle, Daniel Ek is offering £2 billion for Arsenal.
Do the maths, the growth potential for the Newcastle buy is tremendous, in the next 8 years they could become a £2 billion valued club.
Its a wonderful bit of business, very smart, in fact they practically chose the perfect club, maybe not as good as the Chelsea purchase by Abramovich because the Chelsea location is far better but other than that, Newcastle practically have the North East all to themselves.
Abramovich bought Chelsea for £140m back in 2003 - They're now the 6th most valuable club worth £2.13 Billion.
Now compare that to sht investments we get offered as regular folk, stocks and shares in companies where the higher ups pull the plug on the stock market whenever they want.