What £171m St James’ Park ‘sale’ means for Newcastle – Luke Edwards explains

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Newcastle United announced record revenues this week, with David Hopkinson meeting reporters to discuss the club’s latest annual accounts on Monday. One of the big stories to come out of the meeting is that Newcastle United sold the leasehold and stadium building to a company called PZNH, also run by the club, for £171.2 million. It’s a practice that other Premier League clubs have been doing…Source