Former Crystal Palace owner turned broadcaster, Simon Jordan, has been left scratching his head over Newcastle United’s most recent purchase.
The Magpies have had a reasonable if not spectacular window, though that shouldn’t be seen as a criticism given that the signings they have made appear to have been carefully considered and not bought just because the club have the money to do so.
Newcastle have worked each transfer window to their advantage under their new owners, the Saudi Public Investment Fund (PIF), and that has allowed Eddie Howe to get down to business unhindered.
Certainly, the partnership between manager and board at St. James’ Park seems to be one of the more harmonious Premier League relationships.
Lewis Hall to Newcastle, here we go! Loan deal with mandatory buy option clause — medical booked later today ????? #NUFC
Total package worth £35m add-ons included. “This is gonna be our final signing”, Howe announced.
Hall leaves after signing new deal at #CFC few days ago. pic.twitter.com/gUWqIUonWn
— Fabrizio Romano (@FabrizioRomano) August 18, 2023
On the face of it, Todd Boehly’s relationship with Mauricio Pochettino at Chelsea couldn’t be more different, and it’s the Blues who have helped the Magpies with their most recent purchase, that of 18-year-old Lewis Hall, who had only recently agreed a new six-year contract with the Stamford Bridge outfit according to The Telegraph (subscription required).
“I’m surprised that Chelsea would want to be facilitating any solutions to Newcastle’s particular questions but that’s the reality of commercial business,” Jordan said on his talkSPORT radio show, h/t Geordie Boot Boys.
Whilst Jordan may be vexed as to the actual nature of the relationship between Chelsea and Newcastle, journalist, Ben Jacobs, has previously noted the excellent relationship between Clearlake Capital, owners of the Blues, and PIF.
Clearlake and PIF have an excellent relationship. And the latter are driving many high-profile moves to Saudi on behalf of Al-Nassr, Al-Hilal, Al-Ittihad, and Al-Ahli. #CFC see an opportunity to offload some players to Saudi. And PIF have multiple Chelsea players on their radar. pic.twitter.com/UBqdWBGKzc
— Ben Jacobs (@JacobsBen) June 17, 2023
With that in mind, the move makes a lot more sense and could be the first of many across the next few windows between the two clubs.
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