Finance Expert: PIF can ‘pump more money’ into Newcastle after stadium project

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VISIT THE NEWCASTLE FINANCE HUB MORE FOOTBALL INSIDER STORIES How PIF can increase Newcastle investmentPIF held its annual meeting with Newcastle chiefs at the end of last month, where the ownership group reaffirmed its commitment to the club. Financial MetricValueTotal Revenue£335mCommercial revenue£123mPre-tax profit£35mWages£243mNewcastle’s accounts for last seasonSpeaking exclusively to Football Insider, Borson discussed what PIF must do to take Newcastle forward.

“I don’t see that they’ve got much choice but to carry on doing what they’ve been doing,” said Borson. “They’re not in a position where they can dramatically change how they spend money.

“But that will be factored in in terms of the discussions that they’re having right now on the settlement agreement in terms of what that settlement looks like, so it’s another complexity.” Why stadium decision is key to Newcastle successBorson insisted PIF must make a decision on Newcastle’s stadium plans soon as they look to compete financially with their Premier League rivals. “It will then allow them within the various regulations to effectively pump more money into the top with no financial fair play implications because it’s all carved out of financial fair play, so that’s really almost the only thing that they can do that they can control.” Don’t Miss a Beat: Your Newcastle Insider Access Get the full story from St James’ Park and Darsley Park with our dedicated expert hubs: Updated 24/7 with expert analysis from the heart of Tyneside.