PIF has made Newcastle United the richest team in the world

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It came after Newcastle United changed ownership of the club from 14-year-old Mike Ashley. Before allowing the club to be taken over. By the Public Investment Fund (PIF) group. That are of funds from saudi arabia. After being able to prove that the Saudi state. Will not be involve in the power to control the club until the Premier League allowed to take control of the business took place on October 7, the

latest The Sun, the British media reported that the PIA’s takeover This time, Newcastle United became the richest club in the world immediately. The kind that brings together the rest of the Premier League teams is still less than 50% of the funds PIF will use to run the club.


The PIF was previously question over human rights issues. It is chair by Saudi Arabia’s Crown Prince Mohammed bin Salman. The accused was behind the killing of Jamal Khashoggi, a correspondent with turmoil with the royal family. Of course, the king has denied the allegations. And PIF has proven that 80 per cent of the 300 million pounds (approximately 13.8 billion baht) of funds used in the acquisition of the Salikadong army have been proven. He is separated from the Saudi state.

The British media added

The British media added that PIF is worth up to 320 billion pounds (about 14,72 billion baht) more than the personal assets of Sheikh Mansour, owner of Manchester City team from the United Arab Emirates. The club joins Chelsea owner Roman Abramovich and Paris owner Nasser Al Khelaifi. Saint-Germain of France, almost 10 times ever.

Previously, Sheikh Mansur was the owner of the team.The richest footballer in the world With assets worth 23.2 billion pounds (about 1,067.2 billion baht), followed by Roman Abramovich with assets of 9.6 billion million pounds (about 440,000 million baht), while Nasser Al Khelaifi has assets of 6500 million pounds (about 299,000 million baht). million baht) that are ready to alleviate the management team immediately But still can’t compare with the money that PIF is ready to pour to the new generation of Salika Dong.

Premier League

Premier League owners by wealth, apart from Newcastle, Manchester City and Chelsea, who occupied the top three, Arsenal ‘s Stan Kroenke and Guo Zhuangchang of Wolverhampton Wanderers also entered the top five, with Leicester City owner Aiyawat Srivaddhanaprabha , Manchester United ‘s Glazer family and John. N W. Henry of Liverpool. They are rank 7th, 9th and 12th in the league respectively

for PIF or Public Investment Funds. Founded in 1971 as the Saudi Arabian Wealth Fund. It holds shares in major global companies including Live Nation, Boeing, Facebook, Citigroup, Disney and Bank of America, BP oil company and Uber, chaired by Crown Prince Mohammed bin Salman and Yazi. Otman al-Murayan is the director

, and Yasir Otman al-Murayan will become the new chairman of Newcastle United, with support from the club. Mohammed bin Salman, who will be behind the scenes without directly interfering with the management of the club.