Stefan Borson: PIF to bankroll new injection after £45m Newcastle reveal
Newcastle United are exploring potential options to improve their squad heading into the January transfer window.
Newcastle drew 2-2 against Chelsea on Saturday (20 December), leaving them sitting 11th in the Premier League table.
Meanwhile, Eddie Howe’s side are looking to reach the knock-out rounds of the Champions League to provide their financial situation with a further boost.
A Companies House submission on 18 December revealed Newcastle’s owners have injected £45million into the club in the form of a new share issue, with the January window opening in just over a week’s time.
Saudi Arabia’s Public Investment Fund (PIF) has invested regularly in Newcastle since securing its £305m takeover in October 2021.
Newcastle get financial boost after Champions League reveal
Former Man City financial adviser Stefan Borson exclusively told Football Insider Newcastle’s owners will inject more cash into the club in the second half of the campaign.
The Magpies are still competing on all fronts, having reached the semi-finals of the Carabao Cup after beating Fulham 2-1 last week at St James’ Park.
Speaking exclusively to Football Insider about the significance of the latest injection, Borson said: “Well, it’s probably backward looking rather than forward looking to an extent. They will have known that they needed to top up the cash reserves of the club.
“I don’t think anything will be a shock from a cash perspective. They’re at least in line with their expectations in terms of their budget.
“They’ve had a very good run in the Champions League overall. I doubt that they would have forecast a better performance in the Champions League, so that would be bang on.”
Newcastle currently sit 12th in the Champions League table, with the top eight qualifying automatically for the last 16 and ninth to 24th taking part in a play-off.
Newcastle owners planned latest cash injection
Borson insisted Newcastle’s owners will have been fully aware they had to put cash into the club following the latest injection.
“In terms of other cashflow, everything you would think would be in line,” said Borson.
“It’s hard to imagine that they’ve had big deviations from what they expected, so they would have known for some time that they’re going to have to put £45m or whatever the number turns out to be for the rest of the season because there’ll be further money put in.”
Newcastle’s next fixture sees them take on Man United at Old Trafford on Boxing Day (26 December).
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