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A group of young footballers representing Newcastle United Foundation were awarded the runner up prize at this year's Premier League Enterprise Challenge Semi-Finals.

Five young volunteers from the Foundation's Kicks programme travelled to Sunderland's Stadium of Light last week to take on other Premier League clubs in a competition that asks contenders to use their entrepreneurial and business minds.

Since the 2013/14 competition was launched in November at Chelsea's Stamford Bridge, Newcastle United's young entrepreneurs have been working on business plans, financial forecasts and presentations. The challenge this year was to help Premier League Club's develop revenue streams from international markets - in particular Africa and the United States.

Kicks participants Jamie Anderson, Ljubomir Petrovic, Shakil Mashud and Jeff Kung were given a half an hour slot to go over their presentation before taking the stage in front of the judges and 100 other participants. Their idea was to offer scholarships to American and African students to come to North East universities.

The Newcastle United team were pipped to the post by Bolton Wanderers, Middleborough and Sunderland who will now go on to the final in London.

Kate Warner, Senior Project Officer at Newcastle United Foundation, who led the entrepreneurs to this point, commented on the success of the day, "It was really good to see so many different schools and teams taking part in the challenge.

"Our Kicks group came up with some great ideas that were very business orientated. We are really happy to be runners up in a very tough competition.

"After the competition you could see how much their confidence had grown and they were happy to speak to groups and adults afterwards."

The Enterprise Challenge is part of the Newcastle United Enterprise Academy which offers young supporters the chance to improve their enterprise skills using Newcastle United as a real life business case.

For more information about the Enterprise Academy contact Kate Warner on 0844 372 1892 x 8461 or email kate.warner@nufc.co.uk.