View from Newcastle: On-field success and promise of successful future a year on from era-defining takeover

No deal has come close to the mega-rich buyouts of Manchester City and Paris Saint-Germain by Dubai and Qatar-based investors.

A year ago, Public Investment Fund of Saudi Arabia took over Newcastle United. The club has had some success on the field and a promising future.

Mike Ashley took over Newcastle United. The club has been transformed since the takeover. It is now run like a proper Premier League football club. New management has replaced Steve Bruce with Eddie Howe. The players have commented on the new management. They are optimistic about European football returning to St. James' Park. Mike Ashley's previous ownership was dysfunctional. Now the club is run in a way that everyone is working towards the same goal.

Newcastle United have had a successful season since the takeover. The team is playing well and the players are getting better. About £200 million has been spent on players since that window. Alan Shearer has also been honored. There is a new facility in the pipeline. The investment in that area is still pending. It is understood that the owners' plans will see cash and jobs flood to the region. Ashley was forced to give away 10,000 free season tickets to keep attendances high. He had sacked Alan. Shearers statue moved back on to club land and his bar was restored. His statue was moved to a place of his name.

It's been a year since Newcastle United fans gathered at St. James' Park to celebrate the passing of the Ashley regime and the rebirth of their club. Alex Hurst, of NUFC fanzine True Faith, believes the club will become integral in the lives of millions of people in two years' time.

Newcastle United have dominated the transfer window since the takeover. The club has also made shrewd signings. Hurst believes the deal has had a positive impact on the club. Steve Wraith believes it has given the fans hope. NUFC Matters podcast host Steve Wray believes that the new owners have reunited the fanbase. He believes Newcastle United can once again proudly call itself Newcastle. They have retained their premier league status with a hungry new manager in Eddie Howe.

Al-Rumayyan and PIF have been successful in their takeover of Newcastle United. Mehrdad Ghodoussi called Al- Rumayyyan the boss on Twitter on Thursday evening. Newcastle has been a financial success despite the previous regime.

Al-Rumayyan bought Newcastle United for £350 million sterling. He bought the club for the same amount as he paid for Chelsea. Newcastle is one of few one-club cities. The club has 52,000 seats at the stadium. The whole of Newcastle supports Newcastle. There are 950,00 fans in the city and 1 million in wider region. Al- Rumayya bought NUFC for a total of £700 million. Manchester United offered him to buy them for only 30 percent. Reuben family, one the leading developers in Newcastle, agreed to join the deal.

Newcastle United's new owners, PIF, are aiming for long-term success on the field and in the investment. Pif's chief strategists for international investments are looking at property and infrastructure developments in northeast England. Newcastle fans are happy with just one trophy in their lifetime. Newcastle has not won a major domestic honor since 1955. The club's fans understand P IF's long term vision. They are willing to wait for the team to achieve it.