I was thinking of this. 10% of four clubs isn't much, but look at the four that they are - all adamently opposed to salary cap rises. If they can use their investment to change the vote, then they can buy a majority in whichever club goes easiest (probably Newcastle), and have a SuperClub full of galacticos as a banner acquisition.Timbo wrote: ↑Thu Feb 01, 2024 1:58 pm 10% or so of four clubs doesn’t make a whole lot of sense to me. Buying a club outright, particularly Falcons, I could understand. What do they get for their investment? Financially rugby won’t even touch the sides for PIF & ‘sportswashing’ only works if you’re percieved to be front & centre in something positive, not a minority investor.
Even if it's not that, 10% is a foot in the door - gets them in the rooms, gets them respectably associated with the sport and gets the furore out of the way so that, when they start wanting to put Visit Saudi Arabia on shirts, there's less opposition because we've already taken some of their silver, so what's a little bit more? Right now, I think if they wanted to buy a club outright and turn them into a project, there's a non-zero chance that the RFU would object and block the takeover. Give it five years of them being respectable investors and they'll have a lot more latitude.
Puja