Newcastle’s Saudi-funded ownership group say the League Cup final defeat against Manchester United has increased their desire to bring sustained success to the club.

Newcastle have been 80 per cent owned by Saudi Arabia’s Public Investment Fund since October 2021, with their investment in Eddie Howe’s squad playing a major role in the club’s revival.

The Magpies were languishing in the Premier League relegation zone when the consortium took over, but this season they have climbed to fifth in the table and reached a first cup final since 1999.

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