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The Saudi Public Investment Fund have released stunning stadium blueprints that will dazzle Newcastle United fans ahead of the redevelopment of St James’ Park. Since PIF bought Newcastle for £305m in October 2021, they have been searching for ways to drastically expand their revenue base in order to give them more headroom in terms of PSR/FFP. Commercial revenue has soared in the last three seasons, but the Premier League’s Fair Market Value rules place a limit on how much cash they can generate from sponsorship at this stage. PIF have therefore looked at how they can better monetise Newcastle…

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