- Oct 3, 2001
- AFL Club
- North Melbourne
- Other Teams
- Man City ****
It is about related party transactions.This is about Newcastle, didn't mention your club.
If they meet the definition in the rules then they are. If they don't then you can't simply ignore the rules and treat them as related anyway.PIF are controlled by MBS who is also the deputy PM of Saudi Arabia. Of course any Saudi Arabian government related entity that all of a sudden wants to throw hundreds of millions of pounds at Newcastle in commercial sponsorship deals should be considered related. It doesn't take a genius to figure out what's going on in that scenario. Would they be doing the same deals if the Saudis hadn't bought Newcastle? I'm willing to bet the answer is no.
They agreed to a three week ban on new deals which has pretty much no impact on their own business. Might be a bit more reluctance when clubs have to look at their own business.think it's about time these sorts of deals were limited or eliminated by the PL and it seems the majority of clubs also agree.