@valen1828
am looking for a bit of an opinion on a certain stock if you have time valen
u around?!
thnx if u have time!
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https://www.abc.net.au/news/2021-10-08/newcastle-united-sold-to-saudi-arabia-sovereign-wealth-fund/100523064
"English Premier League club Newcastle United sold to Saudi Arabia's sovereign wealth fund"
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https://www.business-live.co.uk/enterprise/newcastle-united-tumbles-54m-operating-21261726
"..... Newcastle United has revealed how the Covid-19 pandemic plunged the club into the red, triggering operating losses of £54m.
Turnover dropped from £176.4m in 2019 to £152.6m for the year ended July 31, 2020, as restrictions, training and matchday protocols saw a chunk of the 2020-21 season play out to an empty St James’ Park.
The previous year’s operating profit of £14.9m switched to an operating loss of £54m, while pre-tax profit of £41.15m converted to a loss of £25.9m....."
