Newcastle chief executive David Hopkinson has said the club are still yet to decide on whether to renovate St James' Park or move to a new stadium.
“The truth is, we haven’t decided," he told talkSPORT. “St. James’ is a magical place, it’s going to be an extraordinary place on Saturday when we play our next match. It’s 53,000, we think we could be bigger and that of course is revenue, a major investment.
“We haven’t made the final decision on what we’re going to do here, we are working on this every day, deciding whether it’s here or a new site, where it’s a renovation or new stadium. But we’ve got an opportunity we’re pursuing and working on every day.
"All of our modelling and all of the capacity starts in the 65-68,000 range. I don’t think bigger than that is good but we also want to think if we do something, it’s material and significant. 10-15,000 in here would be right.
"I think a new stadium is something we’re considering, but not really moving that far.
“We don’t want to be in some farmer’s field out in the middle of nowhere. What makes Newcastle so special, such a special place, is that St. James’ Park is right here in the centre of town makes sense. Everywhere that I’ve worked, I’ve had the privilege of having the arena or stadium right in the middle of town - it matters.
“Where the new Bernabeu is, the renovated Bernabeu, Madison Square Garden… location matters.