Kieran Maguire drops 'huge' Newcastle United claim after announcement

Kieran Maguire drops 'huge' Newcastle United claim after announcement

Kieran Maguire

Kieran joined the Football Insider squad in January 2021 and provides clarity for readers on the occasionally bewildering world of football finance. He is an author, university lecturer and all-round spreadsheet boffin. His 2020 book The Price of Football is a seminal work on the economic side of the beautiful game.

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Newcastle United hosting their own pre-season tournament this summer will prove to be a 'huge' commercial success.

That is the view of finance expert Kieran Maguire, who spoke exclusively to Football Insider about Newcastle's pre-season project.

The Magpies announced on 7 July that they will be hosting the inaugural Sela Cup this summer.

The pre-season tournament will be held at St James' Park and will include Newcastle, Fiorentina, Nice and Villarreal.

Sela, who agreed to a multi-year £25million deal with Newcastle this summer, are set to play a major role in organising the event, while VisitMalta has also joined as a sponsor.

The competition is scheduled to take place over August 5 and 6, including double headers and a featured women's match between Newcastle and West Brom.

Maguire believes the event will be a success, with Newcastle fans given the chance to see new players and the new kit ahead of the 2023/24 season.

"Newcastle know that they will sell out home matches at St James’ Park regardless of the opposition and competition," Maguire told Football Insider's Sean Fisher.

"Having a pre-season friendly with additional focus on Sela, who have paid a lot of money to become the club’s new front-of-shirt, was probably part of that agreement.

"It gives fans an opportunity to see new players and the new kit and there is certainly a feel-good factor around Newcastle at the moment.

"I’m sure that overall, the tournament will prove to be a huge commercial success for Newcastle United."

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