Newcastle United
Former Crystal Palace owner Simon Jordan fires back at Newcastle United F.C with a message concerning FFP comments that was made and fans were not happy with
Newcastle supporters have criticized Simon Jordan for his assertions regarding the club’s financial predicament.
To prevent a points deduction or a colossal punishment from the Premier League, Alexander Isak is a candidate to depart St. James’ Park this summer, potentially forcing the Magpies to liquidate a star player. As a result of Newcastle’s ownership structure, there has been considerable discourse regarding the movement of Saudi Pro League players to or from the northeast, given that the Public Investment Fund finances some clubs in Saudi Arabia’s top division.
PIF has made substantial investments in Newcastle since assuming ownership from Mike Ashley in 2021. Recent reports indicate that Chelsea sold a Stamford Bridge hotel for £76 million to their proprietors, BlueCo.
When asked by talkSPORT presenter Jim White whether he has been fair to Newcastle in his analysis of the club’s owners and the decision made by Chelsea’s custodians regarding the hotel, Jordan refuted any possibility of hypocrisy. “I’ve criticised the Saudis in context as potentially helpful idiots for the Premier League in terms of clubs being able to sell anything they don’t want to them in the pursuit of getting one another out of problems and that included,” according to him.
“Context dictates all.” “A fair market price for a player is considerably more difficult to ascertain than a fair market price for a piece of property.”The attractiveness is frequently in the opinion of the observer.
“If you decide an athlete is worth £50million because it suits your commercial ends, you really don’t have to pile that up very much.”Performing such an action on a property will result in a slightly more substantial underpinning. The argument is comparable yet distinct.
“Context is everything, I think if you frame the discussion that we were having about the Saudis and how the Saudis are going to rip English football apart and this, that and the other, I think my answer at the time was based upon, ‘Hmm, yeah, I’m not sure I am especially fascinated this particular idea’.”
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