New capacity shared for £1.2bn Newcastle stadium as PIF announcement edges closer

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New details have emerged about Newcastle United’s potential new stadium build.

Newcastle United chairman Yasir Al-Rumayyan was spotted at St James’ Park following the dramatic 4-3 win over Nottingham Forest.

PIF chiefs jetted to England to hold talks over several club topics, including the future of St James’ Park and the possibility of a new stadium.

PIF would reportedly prefer to stay at St James’, but talk of a new stadium refuses to go away given that it would provide a huge financial boost to the club following years of PSR struggles.

A new stadium would cost £1.2bn, where as expanding St James’ Park will cost up to £1bn.

New capacity shared for £1.2bn Newcastle stadium

With a capacity of 52,000, St James’ Park is currently the seventh biggest stadium in the Premier League. That would all change, though, if PIF decide to build a new ground.

Initial reports claimed that Newcastle’s new stadium would have a 70,000 capacity, but it seems that figure is a tad ambitious.

That is because journalist Luke Edwards has shared new details claiming that capacity would be slightly less at 68,000.

Edwards also added that capacity at St James’ Park will grow to somewhere between 60,000 and 65,000 if PIF decide to stay put and renovate.

Reports claim a new Gallowgate End could smash a UK record to become the biggest single-tier stand of any stadium.

When PIF are expected to make stadium decision

Following PIF’s visit to England, where Howe spoke with Al-Rumayyan, Newcastle chiefs are expected to announce their stadium decision shortly.

Fans can expect a stadium decision in March, meaning fans do not have long to wait before finding out the fate of St James’ Park.

READ MORE: Alan Shearer could now get Newcastle United stadium wish after PIF plea

It is still not clear whether a new stadium would be built nearby on Leazes Park or overlapping with St James’ Park.

Newcastle fans can expect “concrete” progress on the stadium to be made in 2025, although there are several events scheduled for the summer including the Magic Weekend and Sam Fender’s return to St James’ Park.