MT Sports

Newcastle has to borrow money to buy players.

Published:2022-07-28 By Thanh Quý(MetaSports) Comments
Anhcastle has to borrow an 170-million dollars dollars to enhance the force, due to the great owner of Saudi Arabia hasn't offered money to the team.

Newcastle, Newcastle borrowed money from the HSBC bank. They use TV rights and sell tickets to ensure the loan.

Many of the other British Club used this way to borrow money, including Southampton, Everton, West and Fulham.

Newcastle is borrowing money from the owner, PIF fund of Saudi Arabia, is being confined to the club directly. This is to follow financial justice. Newcastle has to wait until next season that can be more money than through the fat contract of the PIF business.

During summer concession, Newcastle has only bought three new recruits, including the rear of Matt Targett from Aston Villa, Nick Pope from Burnley and the regiment of Sven Botman. The total transfer fee of three players is 73 million dollars. Coach Eddie Howe wants to buy a religion and a quarterback.

PIF is currently charged with mass control to 600 billions of USD. Judging from the ownership, Newcastle is the richest team in the world.

In 10/2021, PIF 409 million dollars to take over Newcastle from old Mike Ashley. Then, PIF chi added 180 million to buy players, upgrade St James'Park and yard. During the month's transference 1/20, Newcastle buys Kieran Trippier, Chris Wood, Bruno Guimaraes and Dan Burn at the 110-million.

Newcastle has ended English class last season with the 11 position, according to plan, St James'Park's Stadium team wants to get on top three years from now. In 2022-2023, Newcastle is hosting a new Nottingham Forest for British English class.

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