"By 2030, I see this club being in the debate about being the top club in the world, he said. That kind of progress doesn't take as long as you might think. What it takes is clarity of conviction. Can Newcastle win the Premier League? Yeah, of course. Why not? Our job is to set ourselves up as perennial contenders. We have to have the courage to ignore those that doubt us and even those that laugh at us."
"I truly believe, in my heart of hearts, that we are their favourite investment, said the 54-year-old, who acknowledged that a decision as to whether Newcastle move stadium or expand St James' Park is not expected soon. You're talking about a fund that's a major, major global player. But I think we take up so much of their shared mind and heart, that I feel like we're a special investment to them."
Newcastle United has a five-year plan to contend for the world's top club status by 2030, aiming to become a perennial contender and to compete for the Premier League. The club benefits from being part of Saudi Arabia's Public Investment Fund portfolio and receives daily engagement from PIF leadership, creating a sense of being a favored investment. The Saudi-backed takeover remains controversial and alarms human rights groups, yet supporters largely backed the deal while some worry about owner commitment. Decisions on stadium relocation or St James' Park expansion are pending. Ownership is characterized as deeply involved rather than hands-off.
Read at www.theguardian.com
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