Newcastle have gone from Premier League relegation fodder to European challengers and Carabao Cup finalists in less than 18 months under new ownership. Around £250million has been invested in the playing squad since the takeover and The Magpies currently sit fifth in the Premier League table.
Eddie Howe’s side have recently lost the Carabao Cup final 2-0 to Manchester United. Despite not being able to end the club’s 54 year trophy drought, it was a first major final at Wembley Stadium in 24 years.
Mike Ashley sold Newcastle United to PIF, PCP Capital Partners and RB Sports & Media for £305million. And the club has been transformed since.
Here are 31 key moments since the takeover...

29. February 9 2023: Strawberry Place land goes back into club hands
Hope of a St James’ Park expansion received a major boost as it was confirmed that Newcastle had bought the Strawberry Place land back from developers. Previous owner Mike Ashley sold the parcel of land, located behind the Gallowgate End of the stadium, to developers for £9million in 2019. Newcastle City Council planners then controversially approved plans for a high-rise development on the land but the work was delayed, allowing the club to swoop in. The owners are aiming to expand St James’ Park in the coming years. | Getty Images

30. February 23 2023: Boardroom reshuffle
There were changes behind the scenes at Newcastle after club director Majed Al Sorour stepped down in December after seven months. A couple of months later, Abdulmajid Alhagbani and Asmaa Rezeeq were appointed to the Newcastle board alongside Yasir Al Rumayyan, Amanda Staveley and Jamie Reuben. | Getty Images

31. February 26 2023: Carabao Cup run and Wembley Stadium return
Newcastle reached its first major cup final in 24 years as they faced Manchester United in the Carabao Cup final. A memorable run saw Eddie Howe’s side beat Tranmere Rovers, Crystal Palace, Bournemouth, Leicester City and Southampton en route to the final. Newcastle fans ‘took over’ London during cup final weekend but the players weren’t able to get the job done on the pitch as they fell to a 2-0 defeat. Photo: Julian Finney


