Unveiling Newcastle’s Money-making Potential: Forex Trading And Mining Guide

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Unveiling Newcastle’s Money-making Potential: Forex Trading And Mining Guide – Newcastle United could be set to benefit from a huge financial investment if they choose to sell the naming rights to St James’ Park

Newcastle United are open to Saudi Arabian sponsors taking up the naming rights to St James’ Park in a bid to fuel the club’s ambitions for European football in the coming years. The move will undoubtedly divide opinion on Tyneside but will also offer the Magpies a lucrative way to generate significant extra income as they look to expand the city center stadium.

Unveiling Newcastle’s Money-making Potential: Forex Trading And Mining Guide

Unveiling Newcastle's Money-making Potential: Forex Trading And Mining Guide

Mike Ashley famously changed the name of St James’ Park in 2011, following the unveiling of the ‘Sports Direct Arena’, sparking a backlash from fans. Afterwards, Newcastle bosses insisted it was a temporary move “to showcase the sponsorship opportunity to interested parties”.

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The move was condemned by Newcastle supporters due to Ashley’s relationship with the high street store, his lack of previous investment in the club and his failure to consult fans before making the decision. It will be a different proposition this time around, with new Newcastle CEO Darren Ells confirming this week that nothing will be done without first consulting fans.

“There’s got to be a trade-off. If we want to create that environment, there’s going to be some opportunity where we talk to supporters and say, ‘Look, we want to do this – are you okay with that because it’s .to help us bring in additional revenue?” Eliz told local media this week.

“We need to compete, but that doesn’t mean we have to double season ticket prices or charge people out of the ground.” We need dialogue and cooperation, but I hope supporters know there is real understanding across the board. The group that makes Newcastle special, and that is the supporters, the atmosphere and the engagement with the club.

So, why are Newcastle considering selling the naming rights to such a historic and much-loved location in the heart of the city? In short, these deals can be very profitable for football clubs – with very little in return.

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Newcastle are still to reap the financial rewards of significant commercial investment in the first 12 months of the acquisition, with FUN88 still sponsoring the shirts and becoming the Saudi-based company Noon Club’s official sleeve partner. With no outside interest in future profits, the North East outfit may have to think again when it comes to the likes of Manchester City with their lavish spending in the transfer market and other areas of the football club.

City were one of the first Premier League sides to take advantage of the naming rights cash injection and are now considering a £67.5m-a-year deal from United Arab Emirates airline Etihad Airways for the club’s sponsorship. Commercial income jumped from £48.5m to £97.m in the club’s 2011/2012 accounts as a result of the deal.

Emirates Airlines signed its first sponsorship deal with Arsenal in 2004, securing naming rights to the north London stadium until 2021. In 2018, the Gunners signed a five-year extension to his deal, worth £200 million.

Unveiling Newcastle's Money-making Potential: Forex Trading And Mining Guide

Neighbors Tottenham have the chance to get in on the action after opening their new state-of-the-art venue in 2019. Spurs boss Daniel Levy has previously ruled out renaming the stadium but companies such as Nike, Google, Apple and Amazon have all been rumored to have expressed an interest in the rights to the Tottenham Hotspur stadium.

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“We’re only going to do a naming rights deal if we get the right brand, in the right sector, at the right money,” the Spurs boss said three years ago. “If we can’t meet all three criteria, we won’t do it. Right now, we haven’t found a company that meets all three criteria. We’re not close to anything on that right now.”

A report by global advisory firm, Duff & Phelps, claimed back in 2019 that the market value of naming rights in the Premier League had increased by 80% in just five years – from £74.6m in 2013 to £135.6m in 2017. . The same report claimed that Spurs would lose around £15.5m per year by not selling their naming rights.

However, it’s not just the Premier League’s top six clubs who have cashed in. Bournemouth saw their venue change to the Vitality Stadium, Brighton to the Amex Stadium and Leicester to the King Power Stadium.

Barcelona made international headlines earlier this year by selling the rights to the famous Nou Camp stadium, signing a 12-year deal with music giant Spotify in an attempt to resolve their financial crisis. The deal will see the La Liga outfit rack up €5m (£4.3m) in each of the first four years and then €20m (£17.3m) in each of the next eight years, once in place. Redevelopment work. has been completed.

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While selling the naming rights isn’t essential for Newcastle, it would provide a huge cash injection so Eddie Howe’s side can compete financially with the top-flight giants. Saudi-based companies such as Aramco or LIV Golf have been raised as potential sponsors in recent months.

The ownership plans to expand St James’ Park in the coming years but has ruled out building a new stadium to cope with rising demand for tickets. While the decision to rename the much-loved St James’ Park may upset sections of the fanbase, the benefits it will offer the club financially may make it an attractive or viable option for some supporters. Value proposition.

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