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Newcastle United sent ‘too disruptive’ warning that PIF could withdraw from project – ‘I don’t see’

The PIF have been Newcastle United's majority owners for the past five years…

Published: Tuesday, 10 November 2026 at 11:00 AM
Newcastle United sent ‘too disruptive’ warning that PIF could withdraw from project – ‘I don’t see’
Key Things to Know
  • Professor Simon Chadwick warned that PIF could withdraw from Newcastle United if the venture proves unprofitable or too disruptive.
  • Chadwick argues Newcastle does not align with Saudi Arabia's focus on the World Cup, esports, and mass participation.
  • Chronicle Live reports PIF remains firmly committed to Newcastle United with no plans to sell the club.
The Story in 60 Seconds

Academic Simon Chadwick has warned that Saudi Arabia's Public Investment Fund could pull funding from Newcastle United if it deems the investment unprofitable or overly disruptive. Speaking on The Sports Agents podcast, Chadwick argued that Newcastle does not fit into Saudi Arabia's shifting three-pillar sports strategy, which prioritizes the World Cup, esports, and mass participation sports. He pointed to the withdrawal of funding from LIV Golf as a precedent.

However, Chronicle Live reports that PIF remains fully committed to Newcastle United, with no intention of selling the club. Club director Jacobo Solis has maintained an active presence at matches and training sessions, while PIF governor and Newcastle chairman Yasir Al-Rumayyan reaffirmed the fund's dedication during an annual club summit earlier this year.

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