Newcastle United is the richest team on the planet, the club was left in the hands of the Saudi Public Investment Fund, a conglomerate that closed the acquisition of 100% of the club after a payment of almost 300 million euros. That is why, once the transfer market opens, the English club will seek to strengthen itself with the best there is.
Mohammed bin Salman, owner of the club, who serves as the country’s deputy prime minister, president of the Council for Economic and Development Affairs and defense minister, wants the club to be a protagonist in the Premier League and that in the long term they are one of the best Europe clubs.
On the first of July the transfer market opens in Europe and Newcastle are already targeting some players who stand out in their teams, such as: Calvert-Lewin (Everton), Raphinha (Leeds), Moussa Diaby (Leverkusen) or Ake (Manchester City).
At the moment, the ‘Magpies’ cannot hire great soccer stars due to financial Fair Play, which is why they seek to strengthen themselves by respecting the rules, as confirmed by Amanda Staveley, director of the board and head of PCP Capital Partners, which together al RB Sports & Media has 20% of a club that controls the PIF (80%)
“We want to win trophies, but titles need investment, time, patience and teamwork. We want to strengthen ourselves, but we have to work within the Financial Fair Play and make sure we do it in the long term”he claimed.
Source: Elcomercio
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