Newcastle’s owners invest further £70.4million of equity into the club

MORE INVESTMENTS: Newcastle will continue to invest off the field as well as on new players. Pic: Mike Egerton/PA

Newcastle’s owners have announced a further investment of £70.4million of equity into the Premier League club, which will be directed towards improvements in infrastructure.

The consortium, which took control at St James’ Park during October last year, is 80 per cent funded by Saudi Arabia’s Public Investment Fund.