Stefan Borson: PiF plot takeover after ‘huge Newcastle issues’
Newcastle United owners PiF will want to develop a multi-club network after facing “huge issues” in England.
That is the view of finance expert Stefan Borson, who exclusively told Football Insider that Newcastle’s owners will not have expected to be targeted by strict associated party rules like they have been.
PiF chairman Yasir Al-Rumayyan recently spoke about their interest in investing in a Brazilian football club which could join Newcastle in a multi-club organisation.
Borson has previously told Football Insider that the Newcastle owners could also invest in European clubs and target a takeover in France.
Multi-club networks have become popular in Europe with Manchester City’s City Football Group leading the way with 13 clubs now associated with the group.
Newcastle United owners to plot multi-club plan after issues
Borson explained that PiF have faced more issues than expected in England and therefore could diversify their portfolio with other clubs.
“I think the plan at Newcastle is to have a multi-club network,” Borson told Football Insider.
“They’ve faced huge issues in England – bigger than they probably expected because of the associated party rules.
“It probably came as a bit of a surprise that they were targeted so much by those rules and it’s something they could have seen as a risk.
“They counteracted that by qualifying for the Champions League earlier than they expected which helped them boost their sponsorship income.
“But their owners have certainly faced more issues than they’d have expected in England so I think they will look at their chances and want to develop their idea by purchasing multiple clubs.“
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