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Newcastle marks five years under PIF ownership with mixed fortunes

Summarised from 2 outlets · Updated 7 Oct, 08:19 · Archive

Newcastle United has progressed under Saudi-backed PIF ownership but stadium plans remain unresolved.

Newcastle United is marking five years since the Saudi-backed Public Investment Fund (PIF) took ownership of the club. The takeover has brought an upward trajectory in transfers, off-field performances and silverware during that period.

However, stadium development plans remain unresolved. The new ground project has been identified as a significant outstanding matter as the club reviews the impact of the takeover at the five-year milestone.

Newcastle marks five years under PIF ownership with mixed fortunes
Image: Shields Gazette

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In this story: Newcastle United · Public Investment Fund · Newcastle

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