Newcastle United’s new director Amanda Staveley insists the club will soon be in the market to sign Kylian Mbappe and other world elite stars as the Saudi-led Public Investment Fund (PIF) look to fund a major rebuild at St James’ Park.
The Toon Army and their supporters must be rubbing their eyes in disbelief following this week’s £300m buyout of Mike Ashley. The Crown Prince of Saudi Arabia, Mohammed bin Salman, has been listed as the chair of PIF, with his value ranging from £250bn to £320bn. That, in turn, makes Newcastle the richest club in the world.
And with money seemingly no object when it comes to strengthening the side, Newcastle will soon become major players in the Premier League.
On Friday, the first name of that rebuild was suggested to be former Liverpool man Philippe Coutinho. He has struggled since a £142m move to Barcelona almost four years ago.
But the chance to return to the Premier League, with Newcastle, now appears realistic, given Barcelona’s willingness to sell.
However, it seems the likes of Coutinho and Aaron Ramsey – who has also been linked – will just be the start.
And with Mbappe’s contract at PSG due to expire next summer, it’s been suggested he could become a Newcastle target.
And while that seems a little too far-fetched right now, especially given their current 19th position, down the line it could be an option.
“We are in the market to compete for world class players, we have done it before,” she told the Daily Mirror.
“But we need the infrastructure around the world class players. We will get there, and we already have world-class players, we want to make sure they have the support around them.
“You do need a big balance sheet in football, but we are not here to be irrational. It is a state investment fund and there to look after the people.
“We have to do a full review, where the operations are, what we are looking at in January. It is going to take a little time.”
Staveley addresses immediate Newcastle plans
Staveley, who has addressed what her role will be at Newcastle, insists she’s not blind to the team’s current perilous position.
Indeed, Newcastle currently sit in 19th place and without a win under their belts all season.
As such, there will be plenty of interest in their next game which is against Tottenham on October 17.
That has led to Steve Bruce – a man now said to be under real pressure – to spark an immediate improvement. To that end, he has sent the Saudi ownership a classy message.
Staveley though has hinted that no rash decisions will be made just yet.
“This is a great team and they should not be in 19th position. We need to challenge that straight away,” she added. “The players also need to know they have our fullest support.
“We have taken on a club at the bottom of the Premier League at the moment. We need that to move.”