The group that owns English Newcastle, funded by Saudi Arabia, said the League Cup final defeat by Manchester United it increased his desire to maintain a continuous line of success for the club.
The Public Investment Fund of Saudi Arabia has owned 80% of Newcastle since October 2021 and, from that moment on, the team from the north of England, led by Eddie Howe, took a leap in the sporting field.
Os Magpies were in the relegation zone Premier League when the consortium took over, but this season they are fifth in the table and reached their first Cup final since 1999.
Club president Yasir Al-Rumayyan witnessed the 2-0 loss to United at Wembley, but this adverse result appears to have sparked greater title hunger among owners.
Thank you for doing us proud. ????????
A message from the Board to our supporters following Sunday’s Carabao Cup final at Wembley.
— Newcastle United FC (@NUFC) March 1, 2023
In a message to the fans, the club’s board proclaimed: “On the field the team gave everything to achieve the victory we all yearned for. With the support of Eddie (Howe) and the coaching staff, they showed tenacity, courage and an absolute commitment to the cause until the end”.
“Although the result was not in our favor, the way in which everyone came together continues to be a source of immense pride. And we will always remember the incredible flag that was hoisted by all our fans until the last moments of the game”, they added. .
The owners highlighted “that connection and sense of family” as part of the club’s “identity”, also stating that the ambitions were “strengthened by the experience”.
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