The Suning Commerce Group

[brehme1989]

The strange/scary thing is that PIF did not buy us......
Now i m not sure what happened there but they were interested and we know they have enough cash....
So either they were turned off by the chinese asking price or the chinese stalled to long cause they wanted to see what happens with the super league.

But when cash is not really an issue and you go for newcastle instead of Inter something is off. Either they deemed Serie A/italy not attractive enough or the chinese were asking for crazy money

The reason they went for Newcastle was that Amanda dude convincing them to make it a priority. It's not the first time she tried to make this move, probably was the 3rd or 4th actually.


The PIF guys didn't really care about entering football that much to do all the proper due diligence so they let her do the work in England and this is the outcome. If she was in charge of the meetings with Suning, she probably bottled it without even realizing as Chinese from Arabs are completely different when it comes to business.


PIF definitely understood the appeal of Inter and I'm sure they'll come knocking again. Once the Chinese are ready to speak.

 

[.h.]

England makes a lot more sense than Italy. From a financial centre perspective, from a league and prestige perspective, etc. Honestly, for 1 billion, I think your money would go a lot further in the premiership than serie a - e.g. buy Newcastle for 30pm and your have 700m to invest in some shape or form, compared to taking over this dumpster fire for 1 billion.

I will eat a metaphoricla hat if PIF buy Inter in the next 5 years.

 

[Adriano@10]

England makes a lot more sense than Italy. From a financial centre perspective, from a league and prestige perspective, etc. Honestly, for 1 billion, I think your money would go a lot further in the premiership than serie a - e.g. buy Newcastle for 30pm and your have 700m to invest in some shape or form, compared to taking over this dumpster fire for 1 billion.

I will eat a metaphoricla hat if PIF buy Inter in the next 5 years.

It is a dumpster fire but youd need to invest a lot less in to Inter to make it a winning club the you ll have to invest in Newcastle. You ll also have a easier time to attract big names from the get go with Inter. I mean look at City and Chelsea took em some time to start wining and atract absolute top talent.

On top of that Newcastle will have to fight to not get relegated yes they ll invest in winter but they are last right now and i dont think they ll manage to bring in huge talent this winter.
So you have the choice of paying 400 mio for a club that fights relegation in the EPL or a club for 1 bio that just won the serie a and is fighting for the title again.

England and Newcastle make a lot sense if you care about ROI of your investment more than you care about winning.
Ofcourse one might argue that it s gonna be easier/cheaper to keep a top level in Newcastle once you ve reached it since you ll have that EPL dough comming in while in srie a you ll have to keep on burning money to compete at top levels.

 

[CafeCordoba]

I'm not really sure can they make Newcastle like, meaningfully profitable if they don't make the CL. Not that one can make money with Inter either. But I don't think that's PIF's intention though we don't have much evidence yet of their motives.

And if there's gonna be some Super League, it's hard to see Newcastle getting invited anytime soon.

 

[Adriano@10]

I'm not really sure can they make Newcastle like, meaningfully profitable if they don't make the CL. Not that one can make money with Inter either. But I don't think that's PIF's intention though we don't have much evidence yet of their motives.

And if there's gonna be some Super League, it's hard to see Newcastle getting invited anytime soon.

But thats the problem if they only wanted to win Inter would have been the better solution hands down. How much money do they need to put into Newcastle to make them even qualify for CL? Lets say they spend 200mio on transfers would that put Newcastle in the top 4 of the EPL?
I highly doubt it....
On the other hand putting another 200mio into inter would almost guarantee another scudetto and we d be CL contenders ( not favorites)...

Anyways seeing as they were interested in Inter i just wonder what put them off and made em go for newcastle.

 

[Il Drago]

Anyways seeing as they were interested in Inter i just wonder what put them off and made em go for newcastle.

UK journalist who seemed to have good sources close to PIF had mentioned 4 reasons that blocked the deal:

1. Price
2. Inter's debt
3. Serie A structure
4. Stadium

https://twitter.com/x/status/1459166050042499078

 

[ADRossi]

It's easy to make Newcastle, or any EPL club, profitable. Some relegation sides in the EPL have revenues bordering the UCL clubs in Italy due to their television deals.

 

[Il Drago]

It's easy to make Newcastle, or any EPL club, profitable. Some relegation sides in the EPL have revenues bordering the UCL clubs in Italy due to their television deals.

I had read a report recently relegated Sheffield United earned more TV revenues than any Serie A team, even Inter and Juventus.

 

[pupivn]

I had read a report recently relegated Sheffield United earned more TV revenues than any Serie A team, even Inter and Juventus.

no doubt about that, Serie A is even behind Bundesliga

https://twitter.com/x/status/1462677958716538881

 

[.h.]

I'm not really sure can they make Newcastle like, meaningfully profitable if they don't make the CL. Not that one can make money with Inter either. But I don't think that's PIF's intention though we don't have much evidence yet of their motives.

And if there's gonna be some Super League, it's hard to see Newcastle getting invited anytime soon.

politically, it'd make sense for them to make it given the country backing etc. The super league never was about the 16 best teams, but the 16 teams who will draw money most. Newcastle, with their international footprint now and state backing means they probably could well make the cut. I'm not familiar with middle east politics, but there might be something in the 'vs Qatar' mentality too?

 

[.h.]

I had read a report recently relegated Sheffield United earned more TV revenues than any Serie A team, even Inter and Juventus.

and prize money, too. You get £100m when you get relegated from the premiership. Serie A direct prize money is like 24m euros.

 

[.h.]

UK journalist who seemed to have good sources close to PIF had mentioned 4 reasons that blocked the deal:

1. Price
2. Inter's debt
3. Serie A structure
4. Stadium

https://twitter.com/x/status/1459166050042499078

i mean this list is basically 'Italy's fucked'

hahah

 

[Adriano@10]

It's easy to make Newcastle, or any EPL club, profitable. Some relegation sides in the EPL have revenues bordering the UCL clubs in Italy due to their television deals.

Profitable yes profitable and successful is a whole other game, and i m talking real profitable not Mancity inflated sponsorships from affiliated parties profitable cause that would be easy to pull of with Inter if you got the will and power to push it through.
I mean look at arsenal....... Heck look at MAnu they spend a ton while mostly being run profitable and have very little to show for it.

Not denying that Serie a is in a fucked up state and not a Investment friendly league.

 

[.h.]

I dont think theres any desire for them to run a profitable club. But, as you correctly observe, the important thing is their ability to increase revenue thus removing how much they're dependent on owner funds. And, with that, Premiership is a great place if you want to rapidly increase revenues.

 

[Candreva Crosses]

UK journalist who seemed to have good sources close to PIF had mentioned 4 reasons that blocked the deal:

1. Price
2. Inter's debt
3. Serie A structure
4. Stadium

The price was fucking ridiculous.

 

[brehme1989]

England makes a lot more sense than Italy. From a financial centre perspective, from a league and prestige perspective, etc. Honestly, for 1 billion, I think your money would go a lot further in the premiership than serie a - e.g. buy Newcastle for 30pm and your have 700m to invest in some shape or form, compared to taking over this dumpster fire for 1 billion.

I will eat a metaphoricla hat if PIF buy Inter in the next 5 years.

You're limiting the argument to a business perspective with a financial break-even reference point.

There are several parameters to consider.

1) There's an established Manchester City side that spends a lot of money and their worst player is probably a Newcastle transfer target. Whereas Inter could only make use of a handful of Manchester City players.
There's also Chelsea and Liverpool who compete in Europe and a very rich Manchester United side. In economic terms, the "barriers to entry" for a lucrative CL spot are much higher than anywhere else at the moment. At the same time, it's far harder to create a winning squad in Germany or France at the moment than anywhere else. Spain and Italy are more open in this regard.

So in terms of where you can have sporting success, which is what the Saudis are lookng for, Italy is the best case, as you cannot buy clubs like Real Madrid and Barcelona as they are non-profit organizations. And we were the champions, it's not like this was back in 2017 where winning the league seemed improbable.

2) There's far greater exposure at Inter than Newcastle in the world of football. No need to go on about why, this is something that even the most deluded people in Tyneside would concede.

3) Money is not an issue for PIF. They don't care if they pay 1bn or 3bn, what they want is to become owners of a dominant power.
Also, you cannot really invest 700m in a club in a short time, you need something like 4 seasons or something to reach that amount as you need to up the revenue.

Give Inter 300m and you have a CL contender. Give Newcastle 800m and they probably aren't a CL spot contender in England, not only due to competition but because of inflated transfer prices, players not willing to move to Newcastle, players not willing to join teams that aren't established and a lot more.

They'll definitely won't pay a price that's not close to value of course, they're not fools.

 

[Candreva Crosses]

Yes I don't get how that is fucking us over. I really don't. They bought the club, invested in it BIG TIME. Put a lot of money in, took loans, for the club and for themselves to keep the shit going on. COVID fucked everything, in addition to their own business in China, which resulted in this current situation. Basically what you are demanding is they would have either

a) not invested big time at the first place and we would returned to CL later and would still probably be in a situation where we could never sign players like Lukaku, Hakimi, Barella.

or

b) would keep spending even more and more money to the club


Them selling the club is one thing, but selling for a reasonable price is another thing. How the fuck can you expect people to just sell an asset on a huge loss only because you want to feel not fucked over?

I don't understand what you are trying to say. Sorry. He feels like the club is worth 1B and not one single company in the world could agree with him. But me feeling they are fucking Inter fans over is illogical?

This is a club with fans. An owner can fuck his fans over. Its pretty easy and simple logic without the need to write 1000 words in 10 different kind of posts trying to explain that they have the right to do it because they spent so much.

Me expecting something is because they went out and said they want to sell the club. They did not accept the best offer which made them not sell the club. Meaning they didn't want to sell the club for a price where the market dictates how much you can sell it for. Not by reasons of how much you invested into the club if the club is in fucking ruins.

I can put 10 billions into a fire. The ashes won't be worth 10 billions just because I had money poured into it, even if I felt like the ashes were worth 10B right? Or what I'm missing out in your logic?

Conclusion is, they did not want to sell and now we will watch Inter sell their players piece by piece so we can pay back the loan Zhangs brought into the club which they don't afford. Worst case scenario is we end up in Serie B while you will continue telling us the fans did not get fucked over.


£305million for Newcastle in a league like BPL but Zhangs think Inter is worth 1B because of his investing

 

[Candreva Crosses]

They did very well. They are done. They should sell. We shouldn't care what happens to them.

Please don't say that. According to some they have every right to fuck this club over while telling the world they are trying to sell without even trying to sell for a price that the club is worth

If Zhangs feel like the club is worth 1B then they'll just have to wait til the end of the world.

 

[.h.]

You're limiting the argument to a business perspective with a financial break-even reference point.

There are several parameters to consider.

1) There's an established Manchester City side that spends a lot of money and their worst player is probably a Newcastle transfer target. Whereas Inter could only make use of a handful of Manchester City players.
There's also Chelsea and Liverpool who compete in Europe and a very rich Manchester United side. In economic terms, the "barriers to entry" for a lucrative CL spot are much higher than anywhere else at the moment. At the same time, it's far harder to create a winning squad in Germany or France at the moment than anywhere else. Spain and Italy are more open in this regard.

So in terms of where you can have sporting success, which is what the Saudis are lookng for, Italy is the best case, as you cannot buy clubs like Real Madrid and Barcelona as they are non-profit organizations. And we were the champions, it's not like this was back in 2017 where winning the league seemed improbable.

2) There's far greater exposure at Inter than Newcastle in the world of football. No need to go on about why, this is something that even the most deluded people in Tyneside would concede.

3) Money is not an issue for PIF. They don't care if they pay 1bn or 3bn, what they want is to become owners of a dominant power.
Also, you cannot really invest 700m in a club in a short time, you need something like 4 seasons or something to reach that amount as you need to up the revenue.

Give Inter 300m and you have a CL contender. Give Newcastle 800m and they probably aren't a CL spot contender in England, not only due to competition but because of inflated transfer prices, players not willing to move to Newcastle, players not willing to join teams that aren't established and a lot more.

They'll definitely won't pay a price that's not close to value of course, they're not fools.

and yet, here we are, they didnt buy Inter, so they must evaluate it very, very differently.


I agree, the barrier to top 4 in England is much harder than Serie A, but at the same time they could raamp up that table pretty quickly into a top 4 contender, imho, esp the way the premiership is at the minute. A guaranteed top 4 spot is very difficult, of course.

I think you're having a laugh if you think 300m makes us a CL contender, tbh. We're like -150mil from last year, and last year we came 4th in our group. Dont get me wrong, on paper, another 300mil would EASILY make us (probably) the top 10 most expensive squads in the CL, but Inter does have a history of fuck ups.



RE financials, the only argument IMHO that goes in Inter's favour is either financials in the short term or sporting success. Unfortunately, league prestige goes to Newcastle, revenue potential long term goes to Newcastle, country goes to Newcastle (esp if you're into money laundering and setting up financial hubs), language goes to Newcastle... shit, even the international relations go to Newcastle.


Which is obviously why:
1 - They tried to buy Newcastle first
2 - They DID buy Newcastle
3 - They only even remotely considered Inter after Newcastle/the premiership had the ethical concerns.

 

[brehme1989]

and yet, here we are, they didnt buy Inter, so they must evaluate it very, very differently.

They didn't buy the club because our owners aren't selling below their asking price.