Premier League: Newcastle United FC officially acquires Newcastle United Women (fourth division)

Newcastle United Women, the women's team that plays in the fourth tier of the FA Women's National League Division One, group "North", is now officially owned by Newcastle United FC (Premier League) "for the first time in its history," announced the club on 21/08/2022. Newcastle United Women has operated independently of the Premier League club until now, but has been financially supported by the latter's foundation since 2017.

The merger of the two teams is part of the development of Newcastle as desired by its new owners (since October 2021), an investment group led by the Public Investment Fund (PIF, Saudi Arabia's sovereign wealth fund) and also including PCP Capital Partners and RB Sports & Media (two private equity funds based in England).

"Newcastle United has ambitious plans for the Lady Magpies, with investment in the first team squad, the introduction of a development squad, and formal support in place from across the club."

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