Newcastle United ownership group to invest further $80.4m of equity in club

Bruno Guimaraes celebrates scoring Newcastle United’s fourth goal in their 4-1 win over Southampton at St. Mary’s Stadium, Southampton, Britain, Nov. 6, 2022. (Reuters)
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Updated 09 November 2022
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Newcastle United ownership group to invest further $80.4m of equity in club

  • PIF-led cash injection leaps to more than $514m since last year’s takeover
  • Additional capital goes into implementing business plan

Newcastle United’s ownership group, which comprises Saudi Arabia’s Public Investment Fund, PCP Capital Partners and RB Sports & Media, has committed to invest a further $80.4 million of equity into the club, an official statement has confirmed.

This amount will bring the group’s total investment to more than $514 million since the takeover in Oct. 2021.

The new capital injection comes in the wake of several investments that have seen an upgrade in training facilities and St. James’ Park, the recruitment of senior executives to boost the commercial operations of the club, and additions to the playing squad.

Newcastle CEO Darren Eales said: “We are at the beginning of a long-term plan that aims to build a club that can compete consistently at the highest levels of English and European football.

“We need to develop the whole business, as well as the playing squad, and we need to do so while adhering to the Financial Fair Play rules. This additional investment further enables us to continue implementing the business plan.”

Newcastle United currently sit third in the Premier League table after a run of six wins in seven matches.


Salford ‘way more prepared’ for Man City rematch says manager

Updated 13 February 2026
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Salford ‘way more prepared’ for Man City rematch says manager

  • Karl Robinson is adamant Salford will be a better side when they return to the scene of last season’s 8-0 defeat by Manchester City
LONDON: Karl Robinson is adamant Salford will be a better side when they return to the scene of last season’s 8-0 defeat by Manchester City.
The fourth-tier club side were thrashed by Pep Guardiola’s men in an FA Cup third-round tie at the Etihad Stadium.
They will now make the same short journey in England’s northwest in the fourth round on Saturday and the Salford manager is confident of a very different game.
“Last year was really emotional,” said Robinson. “It wasn’t too long ago our owners were leaning on iron bars watching non-league football.
“To then walk out at the Etihad in front of 60,000 with their football club was incredible. That’s the journey of all journeys.
“This year we have other things to worry about. We have a different mindset. We’ve learned from last year. We’ll be way more prepared.”
Playing City in the FA Cup was an indication of Salford’s rise through the ranks of English football from non-league level, with their ascent propelled by their takeover by a group of former Manchester United stars from the celebrated ‘Class of 92’.
Salford are now in their seventh successive campaign in League Two, with the ownership changing last year as a new consortium fronted by Gary Neville and David Beckham bought out their former Old Trafford teammates.
Forging their own identity in the shadow of some of England’s leading clubs is an issue for Salford, who will revert to their traditional orange kit after the ‘Class of 92’ brought in a red and white strip.
“Salford is a proper football club and that’s our message going into this game,” said Robinson.
“Last year we wore the red kit but we’ll wear our away kit this year, just to signify it’s a new era. We do sit separate to City and United. We have our own identity.
“We’re a completely different football club now.”
For all Robinson’s renewed optimism, City thrashed League One Exeter 10-1 in the last round of the FA Cup.
But he insisted: “There’s always hope, there’s always a possibility. You don’t know 100 percent. You might know the odds are 99.9 percent against, but there’s still that chance.
“Everyone goes to bed the night before with that thought of ‘what if?’, and that’s exciting.”