PIF
State-controlled football clubs could be banned under proposed UK bill change

State-controlled football clubs could be banned under proposed UK bill change

It could force the likes of Man City and Newcastle United to change ownership. UK Labour peer Lord Bassam of Brighton has proposed an amendment to the Football Governance Bill that would prevent state ownership of football clubs – which would directly impact Manchester City and Newcastle United. The proposal has been submitted in an […]

1 year ago

One of Rory McIlroy’s final press conference answers painted a bleak sporting future

One of Rory McIlroy’s final press conference answers painted a bleak sporting future

“Yeah, look, it was heated.” Rory McIlroy garnered plenty of headlines, and barbs from disgruntled players and reporters, when he skipped media duties and went to ground after missing the cut at The Masters. What made it such a story is that McIlroy rarely shirks the tough questions and is renowned for laying himself bare […]

3 years ago

Newcastle’s £305m Saudi takeover faces fresh scrutiny

Newcastle’s £305m Saudi takeover faces fresh scrutiny

Fresh documents have caused concerns Fresh doubts have emerged surrounding Newcastle’s £305m Saudi takeover after chairman Yasir Al Rumayyan was described as a “sitting member” of the Saudi government in documents submitted to a court in the United States. Saudi Arabia’s Public Investment Fund (PIF) bought a controlling stake in the Magpies in October 2021 […]

3 years ago

Premier League yet to reveal assurances they received over Newcastle United ownership

Premier League yet to reveal assurances they received over Newcastle United ownership

The league announced in a statement yesterday that they had been given assurances over the takeover The Premier League are yet to reveal what assurances they were given that Saudi Arabia will not be involved in the running of Newcastle United following yesterday’s takeover. The Saudi-backed consortium, led by Amanda Staveley, completed a £300 million […]

4 years ago