The Saudi Public Investment Fund announced Thursday that an investment group under its leadership had acquired 100% of England club Newcastle on Thursday.
And he said on the account of the Public Investment Fund on “Twitter”: An investment group led by the Public Investment Fund and also comprising “PCP Capital Partners” and “RB Sports & Media” (the “Group investment ”), has completed the 100% acquisition of Newcastle United Football Club. .
Yasser Al-Rumayyan, Governor of the Public Investment Fund, explained the acquisition, saying: Today we are pleased to acquire Newcastle FC, one of the most famous clubs in English football. On this occasion, we thank the Newcastle fans for their loyalty. to this old entity over the years, and we look forward to working with them for the good of the club.