Newcastle's Saudi chief has vowed the club will eventually “challenge for trophies domestically and in Europe.”
Club chairman Yasir Al-Rumayyan, who runs the Public Investment Fund of Saudi Arabia, has made the pledge as the first anniversary of their controversial takeover of Tyneside club is marked on Friday. Al-Rumayyan has released a rare statement to Toon supporters thanking them for their role in transforming the mood around the club in the past 12 months of rebuilding.
The businessman, who is also the driving force behind the LIV Golf Series that has split the sport, admits Newcastle still have a “long way to go” before meeting their goals. But having spent £210m on eight players in the past two transfer windows, Newcastle are no longer a side threatened by relegation as they were last season, and Eddie Howe is leading their development on the pitch.