Learn more

Questions have been asked of PIF’s commitment to Newcastle United. When they bought the club from Mike Ashley in 2021, it was very clear that PIF‘s ambition was to take Newcastle United to the top of world football. They certainly have the money to do that, but the problem is that Newcastle are not allowed to spend it. Financial rules have made it much harder for PIF to have an impact at St James’ Park, while progress has stalled. It was recently reported that Newcastle are happy with their progress over the past three years. The hope is for more progress, but that requires more investment. An…