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

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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