Newcastle's Saudi Arabian ownership group have injected another £70.4million into the club to finance 'infrastructure and day-to-day operations' - taking their overall investment at St James' Park to more than £450million.
A consortium led by Saudi's Public Investment Fund, and also backed by Amanda Staveley's PCP Capital Partners and RB Sports & Media, completed a £300million takeover at Newcastle in October 2021, relieving Toon supporters of Mike Ashley's unpopular ownership.
Over a year on from the sale and the Magpies are flying high, having replaced Steve Bruce with Eddie Howe last season and brought in a number of top-class players.