Skip to Content

Saudi-backed Newcastle’s ownership called into question

KTVZ

By JAMES ROBSON
AP Soccer Writer

MANCHESTER, England (AP) — The ownership of Saudi-backed Newcastle United was under scrutiny when Premier League chief executive Richard Masters was asked by a U.K. Member of Parliament if the organization was investigating the club’s backers. Masters told the Digital, Culture, Media and Sport select committee he was unable to comment. The question came after fresh uncertainty about who controls Newcastle. The club was bought for $409 million in 2021 with Saudi Arabia’s Public Investment Fund having an 80% ownership stake. The ownership has been brought into question after an American court document for Saudi-backed LIV Golf claimed the PIF should be regarded as “a foreign state.”

Article Topic Follows: AP National Sports

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KTVZ NewsChannel 21 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content