Newcastle United owners now set to move into multi-club ownership model with interest in other clubs | OneFootball

After the Newcastle United owners bought Mike Ashley out, it was repeatedly reported that they were then looking to add clubs in other leagues, to form a multi-club ownership model.

Alongside the media reports, the then NUFC Director Amanda Staveley stated a number of times that adding ownership of clubs in other countries was part of the plan.

In April 2023, it appeared that the Newcastle United owners were set to make their first addition, with a £10m deal to buy KV Oostende (see below).

However, no deal was completed.

Since then, it has all been very quiet on the Newcastle United owners going down the multi-club ownership route. However, journalist Adam Williams now reports that his information is that United’s owners are now set to make moves and be proactive in adding ownership of clubs elsewhere.

Williams states that the Newcastle United owners are now looking in two markets to add ownership elsewhere to their NUFC flagship club.

Scandinavia is one of the two, with a club in at least one of Norway, Denmark, Sweden or Finland seen as an attractive proposition.

Whilst the journalist says his information is that the bigger and more expensive aimed for addition, is ownership in the United States, part ownership or even and outright takeover of an MLS franchise.

The Saudi Arabia PIF do of course have 75% ownership of four clubs in the Saudi domestic league but that is seen as very separate and not connected at all to Newcastle United.

The Mag report – 20 April 2025:

On Monday, it was revealed by Belgian media that the Newcastle United owners had visited KV Oostende.

Flemish newspaper Het Nieuwsblad reporting that a delegation from Newcastle United has visited KV Oostende, to look into the option of purchasing the club.

Bournemouth and Wolves have already been credited with interest in buying the up for sale Belgian club but Monday’s report saying that the Newcastle United owners had moved ahead of the rival Premier League clubs and have ‘concrete’ interest in completing the purchase.

Last weekend, up for sale KV Oostende were relegated and are set to start next season in the Belgium second tier.

Amanda Staveley had already commented publicly on the fact that the Newcastle United owners were thinking about building a ‘portfolio’ of clubs, as the Manchester City owners and others have done.

Setting up a network of football clubs around the globe, with Newcastle United at the heart of it.

Moving forward from Monday’s breaking news of the Newcastle United owners visit and interest in buying KV Oostende, Belgian journalist Sacha Tavolieri has given an update.

He says that the Newcastle United owners are now in advanced talks to complete the purchase of the Belgian club.

Tavolieri also says that his information is that if / when a sale happens, the Newcastle United owners would be paying €12m (approx £10.6m) for KV Oostende.

My personal view is that whilst it is looking likely that this purchase will happen. Regardless of whether a buyout of KV Oostende does happen or not, I think it looks pretty certain that the Newcastle United owners are going down this route of building up ownership of a number of clubs around the world, with NUFC at the heart / pinnacle of it.