The Saudi billion-dollar project in the north of England

The Magpies won’t follow in Arsenal, Tottenham, and Everton’s footsteps and start building a new home from scratch to impress the world. After consulting with the fans’ representatives, Newcastle’s management has opted for a cheaper but still very extravagant option – renovating St James’ Park. The entire project is supposed to cost €1 billion! Still, the Saudi owners will save double as much since the new stadium would amount to €3 million.BREAKING 🚨 – Newcastle United to move AHEAD with St James’ Park expansion plans rather than building a new stadium. ✅It’s thought that the Gallowgate End will be extended up to the height of the Milburn and Leazes Stands, with the East Stand unable to be extended due to the… pic.twitter.com/VBjjl0BKOn— Magpie Media (@MagpieMediaX) April 30, 2024 Despite the club’s claims that the decision is still not official, the English media report that the renovation project has been presented to the Saudis, who have approved it, as well as the club’s supporters. Yet, this reconstruction will be the second most expensive ever, just behind Santiago Bernabeu’s, which amounted to €1.7 billion.The aforementioned plans will focus on the redevelopment and expansion of the Gallowgate End and the East Stand. In the end, St James’ Park’s capacity should increase to approximately 60,000 seats. The two remaining stands, built about 20 years ago, will also be modernized. Turbulence in Newcastle: CEO to step down due to a cancer battleNevertheless, in order to prove the seriousness of this “endeavour,” Newcastle will have to extend the lease of the stadium, even though the current one lasts for the following 70 years. Still, the regulations whose task is to ensure certain guarantees have to be respected.The club still insists that the final decision has yet to be made, only after the consultation with the fan advisory board. According to The Telegraph, the Magpies’ spokesman said that “it would be wrong to say a decision has been made” and that “all options remain on the table.” Still, it’s clear that only formalities separate Newcastle from beginning the realization of the renovation project.##NAJAVA_MECA_8380058##

Powered by Live Score & Live Score App