Newcastle United, finally, have new owners. After such a protracted saga a group comprising Saudi Arabia’s sovereign wealth fund – the Public Investment Fund – the Reuben Brothers, and Amanda Staveley have taken over.
So what has changed?
Written by Seb Stafford-Bloor, illustrated by Alice Devine and Marco Bevilacqua.
When the PIF, Amanda Staveley and the Reuben brothers bought Newcastle United in October 2021, they became the richest owners in the Premier League. By far.
But can they use that considerable wealth, like Chelsea and Manchester City did when they were bought out by incredibly rich owners? The answer is no.
Kieran Magure explains why. Illustrated by Philippe Fenner.
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