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Liam Kennedy Profile picture
Liam Kennedy
@LiamJKennedy23
Editor, journalist. Personal account, mostly talking Newcastle United.
Jan 20, 2022 • 9 tweets • 5 min read
#NUFC transfer window 🧵

Contrary to popular belief, #NUFC aren't richest club in world. Well, not really.

They're 80% owned by mega investment fund, PIF, who have access to incredible riches. True.

They make sustainable, measured investments, don't 'splash cash'. Also true. Think mostly long-term. Not short.

Thing is, I'm told, this is biggest obstacle #NUFC face in doing deals, particularly with clubs abroad.

They see NUFC & immediately it's 🤑

PIF don't work like that, despite their incredible wealth. Probably largely why it keeps increasing.