Partner Article
Falcons aim to soar higher with cash lift
NORTH East businessman Semore Kurdi has reportedly invested £2m in the Newcastle Falcons.
The Jordan-born Kurdi’s cash injection will be used to develop young players rather than sign big names and Thompson will remain the majority shareholder with 59%.
“No one needs me to tell them how many top-level players have been developed here and come through the club,” said Kurdi. “It is vital we continue to produce players of international calibre and we still have very high statistics for local players.
“We need to retain them in the longer term too, though, and I hope this investment can ensure that is something we manage moving forward. We understand there is still a lot of hard work ahead, and we are very excited about that. I am looking to add value as a fresh face and new blood at the club and offer a different direction.”
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Why global conflict is a cyber risk for UK SMEs
Improving safety and standards in construction
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end
Give us certainty to deliver better homes
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth