The soccer world may not be destined to be too quiet this year. The UEFA fiasco,
Lionel Messi (1987-), Argentine footballer
Forced to leave Barcelona to join Paris Saint-Germain,
Cairo
return to one's old employer
Manchester United Football Club
And so on, events that must have shocked many soccer fans. the day of October 7
England Premier Soccer League
The official announcement of Newcastle United's takeover by a Saudi Arabian consortium - the Public Investment Fund (PIF) - has also caused a lot of discussion, after all, the consortium's takeover of the club will not only affect the club itself, but also the league and even the entire soccer world.
The classic examples of consortia buying up football clubs are Manchester City and Paris Saint-Germain. These teams have generally performed well after their acquisition, as shown in the table below:
This shows that a consortium's ownership of a football club can bring significant help.
Manchester City football club
and Paris Saint-Germain became in addition to what we call the traditional giants (ex:
Manchester United Football Club
, Barcelona) outside of the new giants. Of course these are not the only cases of consortiums/capitalists taking over, there is also the Arsenal
Arsenal (name)
Wolverhampton Wanders... This article is followed by more representative
Manchester City football club
and Grand Paris to give the narration.
Who exactly is the public investment fund that acquired Newcastle United? With a net worth of €258.5 and €27.3 billion respectively, the aforementioned Cada Sports Investment Fund and Monsu have consistently ranked as one or two of the richest owners of soccer clubs in the world. These net worths are scary enough, but the net worth of the Public Investment Fund is even more shocking - €376 billion, which is substantially more than any other consortium. With such a sizable market capitalization, we can't help but look forward to what Newcastle United will do in the coming years.
First of all consortia can provide strong capital to invest in the transfer market, helping clubs to buy star players and players needed to upgrade their squad.
Manchester City football club
The first season after the change of ownership (08/09) spent 157 million euros on players, after the most money spent on transfers in a single season was about 78 million euros, which was about twice as much in 08/09. In the decade 2010 to 2019
Manchester City football club
A total of 1.63 billion euros was wagered on the transfer market, the first among soccer clubs, with Paris Saint-Germain in second place with 1.37 billion euros. With the support of the consortium, the club has been able to bring in more talented players to strengthen their squad, allowing them to achieve better results. As mentioned above, the new owners of Newcastle United have huge assets, and since the summer transfer window was already closed when the acquisition was completed, I believe many soccer fans are waiting to see what they will do in the winter and next year's transfer window.
Getting players to join a club is not just about the transfer fee, but also about the ability to pay the player's salary. The financial backing of a consortium allows a club to offer a good salary to attract players to join the club. Let's take Paris Saint-Germain as an example. 21/22 season, Paris made a lot of deals in the summer transfer season, which was characterized by the fact that they brought in a lot of star players.
Lionel Messi (1987-), Argentine footballer
Gianluigi Donnarumma, Serigo Ramos, Georginio Wijnaldum and Achraf Hakimi. This is arguably the most luxurious transfer squad in recent years. These five new players bring a total of about 105 million euros in annual salary expenses to Big Paris , making Big Paris the team that currently spends the most team salaries in the world, about 300 million euros.
All the clubs' revenues have been affected by the epidemic: ticket revenues have been reduced, tournaments have been postponed or even canceled... While most clubs tend to be more conservative in their deals in order not to put too much pressure on their finances, Paris has been able to offer players without fear because of the backing of the Cada Sports Investment Fund. Of course, not all players join the club because of their salary, but there must be some players who are interested in their luxury squad and their commitment to
European crown
Championship ambitions. Regardless of the reason for joining, it is a definite fact that Paris can offer a good salary.
Amanda Staveley, co-owner of Newcastle United, had said after the acquisition was completed that Newcastle United deserved to be
England Premier Soccer League
The championship, we want to achieve that. Even if it takes time, we'll get there. Of course we want those trophies.
England Premier Soccer League
First, the European trophies, but these mean patience, investment and time. I believe that with a good development plan, demonstrating the determination to reform and win the championships complemented by strong funding, the future of winning the
England Premier Soccer League
The championship wasn't just a dream.
A consortium buyout may be a blessing for the club being acquired, but not necessarily for other clubs. This season (21/22) summer transfer window
Manchester City football club
The introduction of midfielder Jack Grealish, a transfer fee of €117 million, is more than that of the 19/20 season with
England Premier Soccer League
The Bournemouth (Bournemouth) full season revenue of 111 million euros to be higher, from which can be seen between the giants and smaller clubs funding gap.