Will Newcastle make an impact in the 2024/25 EPL?
Newcastle are now in the hands of the consortium controlled by the Royal Family of Riyadh.
Newcastle are now in the hands of the consortium controlled by the Royal Family of Riyadh. According to the British press, Mike Ashley sold the club for around € 360 million.
after a two-year long negotiation, the Premier League control commission gave the green light to the takeover of the Public Investment Fund (PIF), the investment fund controlled by Prince Mohammed bin Salman , who now owns 80% of the English club. The remaining shares were bought by the millionaire brothers Reuben and the financier Amanda Staveley, who promised the maximum harmony with the fans by the new management cadres.
In terms of its economic potential, Newcastle has become the richest club in the world. According to the British press, Mike Ashley, now former owner of the Magpies, has sold the club (currently penultimate in the league, having collected just three points in seven days) for a figure that would be around 360 million euros.
Welcome to Saudi Arabia, @NUFC 🇸🇦#PIF https://t.co/CifevM1Biz
— Public Investment Fund (@PIF_en) January 24, 2022
Newcastle United would soon also be a lucrative club for the world’s brightest and most expensive players. They would be yet another club that can use their financial account and make high-profile signings to the club. Financial power and success have been observed to be almost directly correlated. Thus, it will not be a surprise to see Newcastle United slowly make it to the top of the pack. Will they make an impact in the 2022 EPL, which many bookmakers are already giving their thoughts and giving their best bonuses like the ,bet365 bonus offer.
At the moment Newcastle remain in the bottom three alongside Burnley and Watford – who sacked their manager Claudio Ranieri on Monday. Norwich jumped out of the bottom three after beating the Hornets 3-0 at Vicarage Road on Friday, despite sitting bottom of the table for the majority of the season so far.
Ferdinand, however, believes the Canaries will still go down, largely due to the winter break ‘killing their momentum’.
“I think Newcastle will stay up and then do big business in the summer. I think they’ll go big in the summer,” Ferdinand said.
New Manager
Newcastle has found its new manager in the person of Eddie Howe, who would have reached an agreement in principle with the club to commit until 2024, announce several major English media.The former Bournemouth manager had made a strong impression on the club's general manager Amanda Staveley during their interview last weekend, but it was ultimately Unai Emery who had the favor of the leaders. The Spanish coach of Villarreal had finally declined this possibility on Tuesday evening . The name of Eddie Howe should be formalized at the beginning of the week. The 43-year-old Eddie replaces Steve Bruce, who left the club by "mutual consent" on October 20, two weeks after the Saudi-led takeover propelled the club into the ranks of the super-rich. Newcastle said Howe had been appointed as the "new head coach on a contract until summer 2024".
"We have been incredibly impressed by Eddie through what has been a rigorous recruitment process," said Newcastle co-owner Amanda Staveley.
"As well as his obvious achievements with AFC Bournemouth, where he had a transformational impact, he is a passionate and dynamic coach who has clear ideas about taking this team and club forward." Howe said it was a "great honour" to take the helm at a club with the stature and history of Newcastle, who have not won a major trophy since 1969 despite a huge and passionate fanbase.
First Player Transfer
Kieran Trippier is now a new Newcastle player. It is the first major purchase by the Saudi Pif fund which a few months ago took over the English club.The first big market hit of the very rich Saudi fund Pif that bought Newcastle is Kieran Trippier. The arrival of the English right back is official as he moves to the English club from Atletico Madrid. An important operation worth 14.5 million euros to be paid. The 31-year-old full- back has undergone medical examinations and has signed a two-and-a-half-year contract (until 2024) with an option for another year.
Trippier arrives at St. James' Park after spending two and a half years of success in Spain, culminating in his La Liga triumph last season when Atletico overtook rivals Real Madrid in the Spanish title. "I am delighted to be joining this fantastic club," Trippier said immediately. " I really enjoyed myself in Madrid, but when I learned of Newcastle's interest and having worked with Eddie Howe before, I knew that was where I wanted. to be".
🗣 "It's an honour for me to be here."
— Newcastle United FC (@NUFC) January 7, 2022
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