The NUFC owners - Borrow from HSBC secured on ticket sales and media rights NUFC
Newcastle United owners – Borrow from HSBC secured on ticket sales and media rightsFilings at Companies House have gone public and have been highlighted by football finance expertThe filings show that the Newcastle United owners have opened up a credit facility , which allows them to borrow money, secured on ticket sales and media rights.
Already this has sparked some debate, along the lines of ‘why would the richest club / owners’ need or want to do this?This is a common practice amongst many clubs, using the revenues set to arrive during the season as a means of securing a loan facility to use now, if necessary. It doesn’t mean any need for panic, no need to fear that already the Newcastle United owners have reached the limits of what they want to invest in their football club.
Personally, my best guess is that this is actually good news for the coming season. With this loan facility giving extra flexibility, which could very likely be used to help enable other signings to come in during this summer 2022 transfer window.
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