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The Saudi Influence in Newcastle: Unveiling a Tale of Real Estate, Success, and Dominance

Newcastle is undergoing significant changes both on and off the football pitch. The team’s success in European matches and plans to expand St James’ Park demonstrate progress. Furthermore, the city itself is transforming with new buildings and a promised investment of £1.5 billion from the city council. However, Newcastle has faced challenges in recent years, with austerity measures leading to cuts and poor socio-economic conditions. The Reuben family, who are part of the club’s ownership, have been investing in the city, including the regeneration of Pilgrim Street. This development has faced criticism for its slow progress, but supporters argue that these projects require time. The Reubens have expressed their commitment to building a strong community club that will contribute to the city’s sustainable growth. The story of Newcastle’s transformation is similar to Manchester’s experience after its takeover by Abu Dhabi, which led to both positive developments and concerns over exploitation. If Newcastle’s new ownership is to be accepted as an investment rather than sportswashing, their commitment to the city’s regeneration must be thoroughly examined. The Reuben family’s involvement in property development is not new, as previous owner Sir John Hall had invested in the city and the football club. The Reubens’ major development plans and football ownership parallel Hall’s approach. While there has been praise for their projects, some have criticized the slow progress and profit-driven nature of their developments. Nonetheless, their investment has the potential to transform the city, and their expertise in property development can help change the face of Newcastle.

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