Newcastle New Owners Could Shake Up the Premier League In WaysYou Can't Even Imagine - How Rich Are They?
How rich are Newcastle United's new owners? Here's how the Saudi Arabia’s Public Investment Fund stack up against rivals
Newcastle United have new owners in Saudi Arabia’s Public Investment Fund (PIF) - but how rich are they in comparison to the likes of Chelsea and Manchester City?
It appears very. The Premier League richlist ranges from those with cash to burn to those who struggle to make ends meet - and it seems like Newcastle could be primed to join the bigger boys with this latest takeover.
Newcastle United's Saudi Arabia’s PIF has been looking to invest in the Premier League for a while now - and they trounce even the next richest owners at Manchester City with their exorbitant wealth...
How wealthy are the Newcastle United owners?
With an estimated net wealth of £320bn, the Saudi Arabian Public Investment Fun is believed to be worth over 10 times as much as Manchester City's megabucks owners.
And with a stated aim already of winning the Premier League title within the next decade, it seems they might not be afraid of flashing the cash in the transfer market...
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