Newcastle United continue to be the topic of endless stories around the European sport media, mainly related to transfer rumours.
The Premier League club are also coming up in repeat interviews, with all kinds of people being asked for their take on the club’s takeover by Saudi Arabia’s Public Investment Fund.
Nowhere, outside of England at least, has the situation been covered more than in Italy. That’s for various reasons, firstly they love transfer rumours, secondly, there’s many agents and intermediaries based in the country or with connections to it, and lastly, there’s a growing worry that Serie A is falling behind others.
Expected investment at Newcastle United means there’s likely to be another English club with far greater resources than most in Italian football. The recent financial issues at Inter Milan have underlined the problem further, and even Juventus have faced struggles in recent months.
Giorgio Perinetti is the sporting director of Siena, a club fighting back after they faced bankruptcy. He’s very experienced, having held roles at many Italian sides, including AS Roma, Napoli and Juventus.
Speaking to TMW, he was asked if Newcastle United present yet another worry for Serie A, and responded: “We must take note of reality. A very complex reality after Covid and years of poorly managed financial statements. Our championship is less attractive and therefore we must try to be more intuitive.”
That will involve investing more in youth, and looking to lesser known markets, however, there remains the chance that top clubs in England could still swoop and snatch away the best prospects.