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Inside Newcastle's St James' Park sale to club owners with PSR fear response
The club said the deal will help fund stadium expansion or a new ground as Premier League officials review whether the price was fair market value.
7 Articles
7 Articles
Newcastle United also plays with the ownership of its assets to avoid problems with UEFA. Just as Chelsea did with the sale of the women’s team, like some others from the Premier League, the mags moved their stadium, the iconic St. James’ Park to a company owned by its owner to score an extra 150 million euros and haggle record losses of 100 million, as detailed in its economic report of 2025-2025, to which it has had access Intelligence 2P, the…
Premier League clubs sells historic British stadium for £172m in bid to avoid PSR punishment
Newcastle United's accounts, released today, reveal the club transferred ownership of St James' Park to a sister company controlled by the same shareholders, booking a substantial accounting gain in the process.The 72-year leasehold on the 52,264-capacity ground was sold to PZ Holdings Ltd, an entity owned by Saudi Arabia's Public Investment Fund and the Reuben Brothers, for £172.1m.This internal transaction generated £129m in paper profit for t…
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