has claimed Newcastle United’s owners “have to invest” in St James’ Park to ensure it is “fit for purpose”., the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – insisted the Magpies will pump money into their famous ground to ensure it is suitable in “ten years” time.
Newcastle’s Saudi owners have aimed to expand St James’ Park since their arrival, and have conducted a feasibility study in a bid to get a rebuild of the famous ground underway. The Saudi Public Investment Fund, who bought the club in 2021, have already spent around £350million on players since their arrival on Tyneside.
They have also invested in the club’s training ground, which was widely mocked during the reign of former owner Mike Ashley.Wyness insisted PiF will now need to spend again and take a “smart gamble” to ensure revenue is maximised at St James’ Park.“Newcastle’s owners PiF will have to invest and bring new revenue streams to St James’ Park, from boxing to monster trucks.
Join the Football Insider WhatsApp channel to get all our exclusives and the breaking transfer news FIRST.“There is a big market up there. Innovation and creativity are the keywords here.“Technology continues to develop all the time, so they’ve got to take a smart gamble to make the most of St James’ Park.”