pounds of investment from a consortium of investors who have recently tried to buy
This region has long been starved of the kind of investment in infrastructure and housing
that other parts of the United Kingdom have benefited from. The collapse of the purchase of
Newcastle United has potentially robbed the North East of a huge opportunity.
PCP, PIF and the Reuben Brothers have publicly commented on large scale plans for
investment in the whole region, not just the city of Newcastle upon Tyne.
The supporters of Newcastle United have been ignored by the Premier League. The people
of the North East have been ignored by the Premier League. The Premier League may have
sound reasons for drawing out the takeover process for more than four months and the
Premier League may have done everything they needed to do to protect their business and
However, there must be transparency after the process has completed. Answers must be
provided about decisions which affect millions of people in our region.
So far, the silence from the Premier League suggests they believe the people of the North
East don't matter and that we don't deserve answers. The Trust has over 14,000 paying
members across the North East and we are calling on local politicians to come together to
request that the Premier League provide answers to supporters about this process.
This is not about Newcastle United or even just the Tyneside region. The economy of the
whole North East would have benefited from this investment.
The aim is to better understand a process that has denied this region of investment when it
needs it most.
The people of this region shouldn't be kept in the dark about decisions that affect them the
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