Newcastle Falcons

Defunct NBL basketball club

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01.07.2024Labour Party wins the general election

01.07.2024Labour Party wins the general election

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Newcastle Falcons face financial crisis amid loan talks for survival
sport 2025-03-18 17:00
Newcastle Falcons face financial crisis amid loan talks for survival
  • Newcastle Falcons face financial struggles, reporting losses of £11.4 million last year.
  • The club is in discussions with other Premiership teams and CVC Capital Partners for a potential loan.
  • The outcome of these discussions is crucial to ensure the Falcons can continue playing in the upcoming season.
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Semore Kurdi seeks to sell Newcastle Falcons amid investor fatigue
sport 2024-11-27 17:25
Semore Kurdi seeks to sell Newcastle Falcons amid investor fatigue
  • Semore Kurdi has engaged external advisors to facilitate the sale process of Newcastle Falcons.
  • He is considering selling either a majority stake or the entire club along with commercial operations.
  • This indicates a concerning trend of financial challenges and investor fatigue in professional rugby.
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