The Rise of Newcastle Utd to Become the Richest Football Club

After the transfer of ownership of Newcastle United by the Saudi Public Investment Fund (PIF), this Premier League club has become the world’s richest club. Mike Ashley formerly owned the Magpies, and his 14-year ownership came to an end in 2021. The club is valued at over £300 billion, almost 11 times the second most valued England club, Manchester City. Under the new management, Yasir Al-Rumayyan is the club’s executive president.

Acquisition of Top Players

With the huge financial boost, Newcastle United has managed to sign new players, and their performance has skyrocketed. In the 2021-2022 Premier League season, the team ended the campaign near he bottom of the table, ranking at position 17. However, the team had an incredible start to the 2022-23 season. They ranked in the third position before the Premier League break for the 2022 World Cup.

It has been an excellent season for the fans and punters since the team won almost half of the first 15 matches. With such a great start to the season, most Magpies fans are elated for the other half of the season, where there are tons of betting markets to explore during the matches. In addition to reasonable betting odds, top bookmakers have some of the best betting offers lined up for EPL football matches.

Newcastle’s impeccable performance can be accredited to the acquisitions of impactful players as well as the boosted motivation of the existing players.

Some of the impactful signings to Newcastle include;

Kieran Tripper

Kieran Tripper was signed from Atletico Madrid during the January 2022 transfer window after signing a two-and-a-half-year contract with Newcastle. This was the first signing under the new Saudi owners, with the transfer costing around £12m.

Christ Wood

Wood joined Newcastle in January, and he started most games due to the absence of Callum Wilson, who was on injury. He previously played for Burnley, and the Magpies acquired him for a whopping £32.6 million.

Bruno Guimaraes

Since his signing with Newcastle, Bruno has become one of the most impactful midfielders in the Premier League. He joined the club from Lyon in a £40 million deal, and there are already several clubs including Chelsea and Real Madrid who are interested in signing the Brazilian.

Dan Burn

Newcastle signed the centre-back, Dan Burn, for £13m from Brighton in a two-and-a-half year deal. His addition as a defender alongside Kieran Trippier and Matt Targett came as a perfect combination. Although Burn still had 18 months left in his Albion’s contract, he was delighted to join his boyhood club.

Matt Targett

Matthew Targett permanently switched from Aston Villa after a six-month loan spell at St. James’ Park. The club spent around £15m, which includes a £3m loan fee. Since this signing, the 26-year-old has played in all of the team’s Premier League matches, and his relentless contribution helped the club stay away from relegation. He has also been phenomenal in the 2022-23 season.

Nick Pope

After six years at Burnely, Nick Pope’s move to Newcastle was completed at a £10m transfer fee. After Burnley’s relegation to the Championship, the 30-year-old goalkeeper was delighted to remain in the Premier League. Although Martin Dubravka was Newcastle’s first goalkeeper, the signing of Pope saw him become second.

Alexander Isak

Magpies signed the Sweden international for a club-record signing of £70 million. However, considering his excellent performance at Sociedad makes him worth the price. Some of his incredible contributions in the European Championships before his signing with Newcastle include 44 goals and 8 assists in 132 appearances.

Sven Botman

Sven Botman signed a five-year deal to join Newcastle United in a £37 million deal. The 22-year-old was a central defender from Lille and was delighted to play in the English Premier League. According to Eddie, the head coach, Sven has excellent experience and the potential to grow with the team.

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