Elite club adviser: £500m Newcastle takeover whispers result of 'animosity' between Saudi Arabia & Qatar
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VISIT THE NEWCASTLE FINANCE HUB MORE FOOTBALL INSIDER STORIES PIF have ‘issues’ to address at NewcastleEverton’s former chief Wyness – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – believes Newcastle’s ownership need to make a decision on their stadium plans.Speaking on the new edition of Football Insider‘s Inside Track podcast, Wyness thinks they need to show they’re “serious” about taking Newcastle forward, even if he disagrees with Keys that they could be looking to sell the club.Turnover£335.3mProfit after tax£34.7mStadium Sale to PZ Holdings£172mCommercial RevenueIncreased 44%Newcastle’s 2024-25 financial accounts.He told Football Insider‘s Inside Track podcast: “When that report came out and it was Richard Keyes that put the story out there I had to consider the source.“He’s based in Qatar and there’s a bit of an animosity between Qatar and Saudi at sporting level and Richard Keyes himself, I must say, it isn’t exactly the greatest source that I would consider. “However, what did make me think was that they’ve had it nearly five years now, and we have still got the stadium issues.
They have got to make some decisions. They’ve got to start showing actions rather than words.“That’s what I think everybody in the Northeast wants.
“There have been some mistakes along the way, but I’m afraid that they’ve got to start showing up and giving us something tangible to hang on to rather than just promises. “I don’t think they’re going to sell, but they’ve got to start showing us that they are serious about this and have a proper plan to take the club to the next level, which it deserves to be at.”Newcastle could sell star to aid financesNewcastle’s financial position could be strengthened if they decide to sell Sandro Tonali in the summer transfer window.Former Manchester City financial advisor Stefan Borson told Football Insider that Newcastle could accept offers of £80m to let Tonali leave.Borson warns that the club could face financial issues with UEFA, and they could earn a profit on Tonali, having bought the 25-year-old for £55m back in 2023.Tonali may be keen to leave Newcastle to continue playing in the Champions League, with Manchester United and Man City have shown interest in the Italian midfielder.