Newcastle United FC: Saudi Arabian Public Investment Fund increases its stake in the club

News Tank Football - Paris - News #332230 - Published on 15/07/24 at 13:00
©  Newcastle United FC
Yasir Al-Rumayyan, chairman of NUFC & Amanda Staveley, CEO of PCP Capital Partners - ©  Newcastle United FC

The Public Investment Fund (PIF, Saudi Arabia's sovereign wealth fund) and RB Sports & Media, a private equity fund based in England, are increasing their stakes in Newcastle United FC (Premier League) as part of a "change in ownership structure," announced the club on 12/07/2024.

The two parties, who acquired ownership of Newcastle United in...

©  Newcastle United FC
Yasir Al-Rumayyan, chairman of NUFC & Amanda Staveley, CEO of PCP Capital Partners - ©  Newcastle United FC

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