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Newcastle chairman Yasir Al-Rumayyan outlines ambitious plans in letter to supporters after takeover

Newcastle United's new owners have outlined their plans for the club's future in an open letter to supporters.

It was confirmed on Thursday that a consortium backed by Saudi Arabia's Public Investment Fund completed a £305m deal to take control of the club, with the new owners wanting to transform the Magpies into a superpower like Manchester City and Paris Saint-Germain.

The club's new chairman Yasir Al-Rumayyan, has now penned a letter in which he talks about their ambitions and pledges to deliver a team that the fans can be proud of.