United owners 'pump in' a further £37m into the club

Published date12 April 2024
Publication titleEvening Chronicle
A Companies House update has revealed that the club filed a statement of capital after an allotment of shares last month. It is worth noting that the club made similar filings in November, 2021, January, 2022, October, 2022, February, 2023 and August, 2023

These amounts have varied from £37m to as much as £70.4m.

So what is this money spent on?

Well, back in 2022, the club revealed that the ownership group had put in the £70.4m following a wide range of investments, including new players, an upgrade of training facilities, improvements to St James' Park and the hiring of senior executives to build out commercial operations.

Even then, the club stated that further investment is 'expected', which 'reflects the ownership's longterm commitment'. CEO Darren Eales said then that...

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