Newcastle's owners have announced a further investment of £70.4m of equity into the Premier League club, which will be directed towards improvements in infrastructure.
The consortium, which took control at St James’ Park during October last year, is 80% funded by Saudi Arabia’s Public Investment Fund.
The club said Wednesday’s announcement, which raises the ownership group’s investment to date to over £450m, will provide "additional capital to further finance investment in infrastructure and day-to-day operations".
A Newcastle statement continued: "The capital injection follows a wide range of investments in the club that has seen an upgrade of training facilities, improvements to St James’ Park and recruitment of a number of senior executives to build out the commercial operations of the club, as well as investment in the playing squad.
"Further investment is expected which reflects the ownership group’s long-term commitments for Newcastle United."
Eddie Howe’s squad has seen significant investment in new players, and currently sit third in the Premier League table.
Newcastle chief executive Darren Eales said: "We are at the beginning of a long-term plan that aims to build a club that can compete consistently at the highest levels of English and European football.
"We need to develop the whole business, as well as the playing squad, and we need to do so while adhering to the Financial Fair Play rules.
"This additional investment further enables us to continue implementing the business plan."
Meanwhile, a fans group opposed to the club's owners have vowed to keep talking about sportswashing as they prepare to protest against human rights abuses.
NUFC Fans Against Sportswashing is to stage a silent protest featuring images of some of those who have been handed death sentences ahead of Saturday evening’s Premier League clash with Chelsea to highlight its concerns.
A spokesperson said: "If part of sportswashing is to hide these human rights abuses in Saudi Arabia that they’re committing, then a protest like this is an opportunity for us as fans to say we’re not going to ignore those things just because they own the club and we’re going to highlight them and we’re going to keep talking about them.
"We want to raise awareness with Newcastle fans of these issues and also raise awareness that there is a group of us that want to talk about these things."
The group has chosen Saturday’s fixture for a reason: A day before the sides last met at Stamford Bridge in March, 81 people were executed in Saudi Arabia – the largest number in the country’s modern history.
