In comparison to their Premier League counterparts, what is the value of Newcastle United’s PIF-led owners?
Newcastle United’s circumstances have significantly improved at St James Park in the past four years as a result of the PIF-led takeover.
In October 2021, a Saudi-led consortium completed a reported £320m takeover of the Magpies, which followed years of limited investment and ambition under the club’s former owner. Since then, the Club has experienced some genuinely historic moments. Eddie Howe was appointed as the manager of the Magpies by the new St James Park hierarchy mere weeks after assuming control. The club also supported him in the transfer market, as Kieran Trippier, Dan Burn, and Bruno Guimaraes joined the club during the January transfer window.
Howe led Newcastle to their first major cup final since 1999 and into the Champions League during his first complete season in charge, guiding the team to the safety of mid-table by the conclusion of the 2021/22 season. A goalless draw at Serie A giants AC Milan marked the return to European football’s top table in excellent fashion, preceded by a night to remember at St James Park, which culminated in a 4-1 victory over Paris Saint-Germain.
The atmosphere on Tyneside remained optimistic as the 2024/25 season approached, despite the fact that Manchester United’s FA Cup final victory over Manchester City resulted in their elimination from Europe at the conclusion of the season. The Magpies were compelled to sell academy product Elliot Anderson and young winger Yankuba Minteh to Nottingham Forest and Brighton, respectively, as a result of an ongoing battle with the Premier League’s profit and sustainability regulations. There were also challenging occasions.
Last season, Howe’s undeniable talent as a manager and coach was put to the test to the fullest. However, the campaign will be remembered as the most successful in Newcastle’s recent history, as they secured their first major domestic trophy since 1955 with a Carabao Cup final victory over Liverpool and secured a berth in the Champions League once more.
The Magpies are reported to be in a positive state in their battle with PSR, as the summer transfer window is now open. Despite some reported transfer targets heading elsewhere, there is a belief that at least three powerful additions can be made before the new season.
There has been much discussion regarding Newcastle’s inability to fully leverage the spending power of their PIF-led owners. However, what is the current value of the Magpies’ owners in comparison to their Premier League rivals?
In comparison to their Premier League counterparts, what is the value of Newcastle United’s PIF-led owners?
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