businesses with tax credits to build onsite facilities. you as legislators are way ahead of the curve, you decided for people working as legislators, there should be a place for your children. well, you know, what we want to do is make sure we encourage businesses to do the same, to get a significant tax cut, to be able to, if they have an onsite facility, to take care of their workers children, so you go to work with your child, and you have a serious facility onsite. well, studies show that when you have onsite care for a children s center, businesses, businesses, the business itself, have less employee turnover, less absenteeism and higher productivity. we can show you all those studies. it s real. we can t afford to lag behind other companies. when american made 12 years of public education universal more than a century ago, it gave the best educated, best prepared workforce in the world to the rest of the world.
deals in premier league history, but for many fans, a cause for celebration. these the scenes at st james s park today after news that a £300 million saudi led takeover of newcastle united was finally complete. how are you feeling? fantastic, thank you. the businesswomen who fronted the bid, amanda staveley, who will have a minority stake, told me it will be tra nsformative for the club. we think that newcastle united needs a great deal of investment. we want to invest in the community, in the academy and the infrastructure, notjust in players and the business itself, but at every level. 80% of the club will now be owned by saudi s sovereign wealth fund, chaired by the country s crown prince. a deal collapsed last year amid premier league concerns at possible state control of the club, but today, it said assurances had been received, and a dispute over alleged saudi tv piracy has also been resolved. the news brings to an end a turbulent era for the club. the fans increasingly disillus
for the football club. a consortium including saudi arabian backers to run the club, but serious questions have been asked about the change of ownership. because of the system criticism of saudi arabia and its record on human rights. the charity amnesty international had urged the premier league to change his criteria in assessing the suitability of club owners. it s one of the most controversial deals in premier league history, but for many fans, a cause for celebration. these the scenes at st james s park today, after news that a £300 million saudi led takeover of newcastle united was finally complete. how are you feeling? fantastic, thank you. the businesswomen who fronted the bid, amanda staveley, who will have a minority stake, told me it will be tra nsformative for the club. we think that newcastle united needs a great deal of investment. we want to invest in the community, in the academy and the infrastructure, notjust in players and the business itself, but at every level. 80%
of hope and i think they ve got that now without a doubt. we grew up with newcastle that is not used we grew up with newcastle that is not used to competing for when i hear not used to competing for when i hear stories from my dad from the past of hear stories from my dad from the past of the hear stories from my dad from the past of the late 905 being so close to winning past of the late 905 being so close to winning the league, is that slight to winning the league, is that slight chance we could be back to that slight chance we could be back to that. ., ., slight chance we could be back to that. ., ., ~ , slight chance we could be back to that. ~ , ., that. over the moon. a big day for our club, that. over the moon. a big day for our club. the that. over the moon. a big day for our club, the city, that. over the moon. a big day for our club, the city, everyone - that. over the moon. a big day for our club, the city, everyone in. - our club, the city, everyone in.
financier amanda staveley, who fronted the consortium, says it will be a good deal for the club and for the fans. look, it s going to be hugely transformative. just as, you know, we think that newcastle united needs a great deal of investment, we want to invest in the community, in the academy, in the infrastructure, notjust in players and the business itself, but at every level. of course we want. coming here today, we absolutely. 0ur ambition are for trophies at the premier league level and europe, so that s definitely on the horizon. but you re competing with likes of manchester city, are you now, and chelsea? yes, yes, yes, obviously we would hope to, but first to be competitive at the top of the league, we need to be able to build ourselves up and it will take time. you will have the criticism from human rights campaigners that because of saudi arabia s human rights record, this is not an appropriate association for one of the country s best known clubs. what would you say to thos