Newcastle United are still in the race for Champions League football this season.
After a recent drop-off in form was quickly forgotten about thanks to a win against West Ham on Monday night which puts them level on points with Manchester City.
If English clubs continue to perform as well as they have in Europe then fifth place will be enough for Newcastle United to qualify for the Champions League next season.
Newcastle’s 1-0 win against West Ham moved the Magpies up to sixth in the Premier League but the attention now goes onto the Carabao Cup final on Sunday where Eddie Howe will have a chance to qualify for the Europa League with a win.
| Position | Team | Played MP | Won W | Drawn D | Lost L | For GF | Against GA | Diff GD | Points Pts |
| 6 |  NewcastleNewcastle | 28 | 14 | 5 | 9 | 47 | 38 | 9 | 47 |
While fans are thinking about the short-term, Newcastle bosses are looking at long-term options regarding the future of St James’ Park. The PIF want to build a new stadium for Newcastle with a proposed capacity of 70,000. By no means will it be cheap, however, with a new stadium set to cost Newcastle £1.2bn.
As the PIF prepare to make their final decision, a football finance expert has estimated how much Newcastle could be worth in the coming years.
Newcastle’s future value amid stadium decision
Since the takeover in 2021, PIF have put a lot into the club, from new signings to training ground upgrades. There’s no doubt that the biggest amount of money they will throw at the club will be the funds for a new stadium if that’s what they opt for.
Newcastle could still expand St James’ Park, with a capacity of just over 60,000 proposed, costing as much as £800m.
A new stadium would come with bigger demands and more expectations for results, Newcastle want to be playing Champions League football every season. Newcastle received around £30m from playing in the Champions League last season but could be due a much bigger slice of the cake if they play in it next campaign.
Talking to inews, finance expert Bart Huby spoke about what a new stadium and consistent Champions League football would mean for Newcastle.
“The numbers we’re talking about are big but they make sense,” he says.
“£350m was not a lot to spend on the club in the first place. When you look at the valuation of the very top clubs – Manchester United, Arsenal, Chelsea – it’s of the order of £4-5bn so if that investment in the stadium could elevate Newcastle to that level, which I don’t think is inconceivable, then it would be a good investment.
“It’d massively increase match-day income, which would enable them to spend more under PSR or squad cost rules on the team and if they could then get into the ranks of the clubs that regularly qualify for the Champions League then the club could easily be worth £4-5bn. I think that’s why it makes sense as a straightforward equity investment.”
It has previously been reported that Newcastle staff see the Champions League as a ‘game-changer‘ with the influx of money and reputation boost likely to help them attract more star players.
PIF may have already made Newcastle’s stadium decision
There’s no doubt that this decision is a once-in-a-generation with so much potential for future success.
While there are still two options being discussed, it feels like a decision has already been made for the PIF.
CEO Brad Miller spoke to fans at St James’ STACK last year to discuss the stadium options. Miller proposed two options to Newcastle fans, expand St James’ Park or build a new stadium.
It seemed as if Miller was making a point to push for a new stadium rather than the expansion with the promise that matchday revenue would double in comparison to what is currently being made at St James’ Park.
Darren Eales is proud of Newcastle’s commercial growth and promises that there will be more news on stadium plans very soon.
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