The Suning Commerce Group

.h.

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Both Red Bull clubs have met each other, I guess UEFA is ok (or was?)
Explained above by someone else, 50+1 helped them out in that case which isn't applicable to either club here.

Thats not to say we under estimate how much Uefa will bend over to make money obviously though.
 

dedalus77

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This unless that rule of two clubs by the same owner not being allowed in the CL has been removed this rumor makes no sense.
To be precise, the rule is still in place. It's just that there are ways to work around that rule (which Red Bull already did to have both Leipzig and Salzburg play in UCL).
 
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I suspect PIF's interest in Inter is just lazy journalists rehashing old rumours to create new click bait. If PIF were really interested in buying Inter, they would have done so by now. Most likely their "interest" was only a bargaining tactic to force compliance from EPL/FA to green light the Newcastle deal. No one has reported any new meetings between Inter and PIF since they got the go-ahead for Newcastle.

We are not so lucky.
 

TheNetworkZ

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They supposedly also want to buy Marseille. Very odd but I don't fully believe this rumour.

In terms of return on investment Newcastle is still their best option at least in the short term, however, Inter is their best option of the 3 to turn into a long lasting competitive force.
 

.h.

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I dunno. What's our cap for revenue realistically? 450m? What's the average of the top 4 in the premiership? Probably 600 or 800m?
 

BasedGodPunk

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Newcastle being a more attractive club to buy than 99% of non English clubs just further solidifies the path the sport is taking. The day is going to come where the EPL is going to have 8 teams qualifying for the UCL and other leagues will have 2. At that point the competition will mean little to nothing.
 

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I dunno. What's our cap for revenue realistically? 450m? What's the average of the top 4 in the premiership? Probably 600 or 800m?

They have to get Newcastle into top 4 consistently against strong opposition. If they want they can turn Serie A into bundesliga with Inter being the Bayern of the league.
 

.h.

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They have to get Newcastle into top 4 consistently against strong opposition. If they want they can turn Serie A into bundesliga with Inter being the Bayern of the league.

Buut how is that attractive? I dont see how being a PSG even is attractive, I think competing in a top league and consistently coming top is one of the best ways to attract fans?
 

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Buut how is that attractive? I dont see how being a PSG even is attractive, I think competing in a top league and consistently coming top is one of the best ways to attract fans?

Sure, and Newcastle are definitely not a small club in England either. I think at this point a club that can compete in the Champions League or can attract big names is the way to go, and we are currently closer to that than Newcastle are or might ever be.

The city of Milan also helps a lot.
 
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.h.

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Sure, and Newcastle are definitely not a small club in England either. I think at this point a club that can compete in the Champions League or can attract big names is the way to go, and we are currently closer to that than Newcastle are or might ever be.

The city of Milan also helps a lot.

Yeah, I dont disagree.

Like I said, I dont believe this rumour for a second ATM anyway, its not worth the hassle arguing with UEFA over hopefully having two clubs in the CL, and there's only one Haaland. That's the reason why Udinese, City, etc, all have developmental clubs that arent close to the same level really.
 

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Its not all doom and gloom. Yes, EPL clubs have been growing revenues, but even they will have a cap at some point. Global & local fans bases dictate the revenues of the future. Even now, the top 3 clubs in terms of revenue are Barca, Real and Bayern (as per Deloitte 2019-20). Top clubs in big nations like Spain, Germany and Italy will always be up there, and hence will always be good investments. I don't think the growing power of EPL clubs will necessarily change that.

In terms of future, we could also argue that while EPL is close to maximising their revenues due to great marketing and product in the last 20 years, top clubs in countries like Italy have a big opportunity to optimise revenues. Clubs like Juve, Inter, Milan have a strong local market, which provides them with a good base to build upon. Once clubs in Italy invest in better product (stadiums, pitches, commentary, etc) and focus more on marketing, there may be a bigger opportunity here to increase % revenues. I say % revenues, not total revenues, from a ROI point of view. That makes these clubs always attractive to a big investor.

So this can be taken both ways. EPL clubs are more attractive now, but top euro clubs will always be an attractive proposition. I don't believe these PIF rumours. But hopefully soon someone will want to buy Inter from Suning, it can't happen fast enough as far as I am concerned.
 

ath

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Didn't CSKA and Chelsea face each other in 2004 when Abrahamovitch had share in the Russian club ?
 

brehme1989

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The rules say that no one can have ownership of more than 1 club participating in UEFA tournaments.

5.01. To ensure the integrity of the UEFA club competitions, the following criteria apply:

no club participating in a UEFA club competition may, either directly or indirectly:

hold or deal in the securities or shares of any other club participating in a UEFA club competition,
be a member of any other club participating in a UEFA club competition,
be involved in any capacity whatsoever in the management, administration and/or sporting performance of any other club participating in a UEFA club competition, or
have any power whatsoever in the management, administration and/or sporting performance of any other club participating in a UEFA club competition;



In case this happens, the club with highest coeff gets the UEFA competition spot. So Newcastle fans would stop celebrating :lol:
 

.h.

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Its not all doom and gloom. Yes, EPL clubs have been growing revenues, but even they will have a cap at some point. Global & local fans bases dictate the revenues of the future. Even now, the top 3 clubs in terms of revenue are Barca, Real and Bayern (as per Deloitte 2019-20). Top clubs in big nations like Spain, Germany and Italy will always be up there, and hence will always be good investments. I don't think the growing power of EPL clubs will necessarily change that.

In terms of future, we could also argue that while EPL is close to maximising their revenues due to great marketing and product in the last 20 years, top clubs in countries like Italy have a big opportunity to optimise revenues. Clubs like Juve, Inter, Milan have a strong local market, which provides them with a good base to build upon. Once clubs in Italy invest in better product (stadiums, pitches, commentary, etc) and focus more on marketing, there may be a bigger opportunity here to increase % revenues. I say % revenues, not total revenues, from a ROI point of view. That makes these clubs always attractive to a big investor.

So this can be taken both ways. EPL clubs are more attractive now, but top euro clubs will always be an attractive proposition. I don't believe these PIF rumours. But hopefully soon someone will want to buy Inter from Suning, it can't happen fast enough as far as I am concerned.
1 billion for an asset that loses 150-200mil a season, and will require substantial funding to be a going concern (say 500mil?)

you could *almost* buy Man Utd for that. A club that generates like 100m a season in profit, has its own stadium, etc.

1 billion valuation for Inter is a joke to be honest.
 

Bluenine

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1 billion for an asset that loses 150-200mil a season, and will require substantial funding to be a going concern (say 500mil?)

you could *almost* buy Man Utd for that. A club that generates like 100m a season in profit, has its own stadium, etc.

1 billion valuation for Inter is a joke to be honest.

Not even close. Manchester United were valued at over €4 billion this year.

But I agree, Suing's valuation of Inter at a billion is wishful at best.
 

Il Drago

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1 billion for an asset that loses 150-200mil a season, and will require substantial funding to be a going concern (say 500mil?)

you could *almost* buy Man Utd for that. A club that generates like 100m a season in profit, has its own stadium, etc.

1 billion valuation for Inter is a joke to be honest.

The Spotify guy offered one billion for Arsenal and yet the bid was rejected so i doubt one billion would get Saudis Man Utd. That being said, i agree 1 billion for Inter is a joke. We aren't talking about a club with balanced budgets.They would basically be buying debts. The club doesn't even have its own stadium and is bleeding money every year. They would have to fund the club in a consistent basis to keep it competitive.
 

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.h.

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The Spotify guy offered one billion for Arsenal and yet the bid was rejected so i doubt one billion would get Saudis Man Utd. That being said, i agree 1 billion for Inter is a joke. We aren't talking about a club with balanced budgets.They would basically be buying debts. The club doesn't even have its own stadium and is bleeding money every year. They would have to fund the club in a consistent basis to keep it competitive.
my point, tbh, was buying Inter for 1 billion, then spending 400m on a stadium, covering Oaktree for like 300m, buying out the 250? m of bonds, and then funding Inter for a few years is like 2.5 billion easy. Even if you say Suning assume the Oaktree & bonds debt, you're still talking like 2 billion.
 

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Actually Spotify guy offered 2bn for Arsenal.

You guys are funny and calculate these numbers as if it's some kind of investment for the Saudis. I mean it is an investment but not for making money. I can guess the 1bn valuation includes some stuff and not that Suning would get 1bn cash in their hands. At least that Oaktree deal would be probably out of it so Suning would get like 700m after they pay to Oaktree.

Anyway, these figures are irrelevant in the sense that the point of owning a football club for the Saudi state is not to make money.
 

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Actually Spotify guy offered 2bn for Arsenal.

You guys are funny and calculate these numbers as if it's some kind of investment for the Saudis. I mean it is an investment but not for making money. I can guess the 1bn valuation includes some stuff and not that Suning would get 1bn cash in their hands. At least that Oaktree deal would be probably out of it so Suning would get like 700m after they pay to Oaktree.

Anyway, these figures are irrelevant in the sense that the point of owning a football club for the Saudi state is not to make money.
No, but if its about prestige, where do you get more prestige for money?

Anyway, this rumour is BS and isnt happening anyway.
 
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