Jaw-dropping European win
Newcastle Falcons need investor with ‘10 or 15-year plan’
Newcastle Falcons reacta fter the second try during the Gallagher Premiership match at Kingston Park, Newcastle upon Tyne. Picture date: Friday January 3, 2024
Johnny Sexton appointed as an assistant coach
NEWCASTLE director of rugby Steve Diamond believes the club need an investor with a “10 or 15-year plan” rather than a short-term solution.
The Falcons are languishing at the foot of the Premiership, having won only two league matches this season and currently looking for new investment.
According to some reports over the weekend, other Premiership teams and CVC Capital Partners — who hold a 27 per cent stake in the league — could provide Newcastle with a loan of about £4 million to meet financial requirements in order to play next season.
