Kieran Maguire salutes Newcastle United as new stadium plans emerge - 'they're building an empire'
Newcastle United are expanding their “empire” by building a new stadium for their women’s and under-21 sides.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about the Magpies’ plans to develop and improve their facilities.
Infrastructure costs are exempt from Financial Fair Play calculations, meaning Newcastle are not limited by the same constraints as they are in the transfer market.
The Saud Public Investment Fund have already financed the redevelopment of the Tynesiders’ Darsley Park training complex, with the new facilities set to open in the next few weeks.
But that is a short-term solution and the club plan to move to a new training base entirely in the not too distant future.
As relayed by The i on Thursday (3 November), plans for a new complex will incorporate a new mini stadium to host women’s and under-21s games.
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Maguire assessed the merits of this strategy.
“Newcastle are relatively late to the party when it comes to having a women’s team,” he told Football Insider’s Adam Williams.
“But what they have been able to do is see the mistakes and good decisions made by other WSL clubs and put them to good use as far as this strategy with the women’s and under-21s teams are concerned.
“Having a dedicated stadium which is accessible and has a capacity which is appropriate given the size and appeal of the team makes a lot of sense.
“You want as many fans to be able to get to the games as possible without there being too many empty spaces.
“This will help the club develop the overall empire as time goes on.”