Dr Tom Bason - Newcastle and Saudi, Financing the Fantasy
We talk to Dr. Tom Bason about the financing side of the Newcastle and Saudi PIF deal
Dr Tom Bason is an Assistant Professor in Sports Management at Coventry University and an expert in football financing. Oli dialled him in for a chat on the recent takeover of Newcastle United by the Saudi PIF.
In this week’s Podcast we discuss;
Was the £310 million the PIF paid for Newcastle United a good deal?
The implications of financial fair play as to what we can expect from PIF and Newcastle going forward.
Why do people want to buy football clubs?
Is the timing right for the deal?
What impact would relegation have on the club and its new owners?
Where might they look to spend their money - Infrastructure or on the pitch?
Thanks as ever for checking out our podcast, click here for more Football content and to read a bit more about Newcastle United, find out where it all went wrong for Mike Ashley.
