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Newcastle United: Saudi Arabian Owners' Desire for Club 'Unchanged' Says Boss Eddie Howe
Howe said the owners backed long-term plans after challenging talks, even as Newcastle sit 14th and PIF ends LIV Golf funding in 2026.
- Manager Eddie Howe said on Friday that Newcastle United's Saudi Arabian owners remain fully committed to the club's success, with their long-term vision "unchanged" following constructive meetings this week.
- Saudi Arabia's Public Investment Fund, chaired by Yasir Al-Rumayyan, holds an 85% stake in the Magpies, having taken control in October 2021 to drive long-term growth.
- During "challenging conversations" at Matfen Hall on Thursday, Howe addressed Newcastle's 14th-place standing while stressing the owners' "determination to succeed" emerged from those meetings.
- The PIF announced plans to stop funding LIV Golf—into which it ploughed more than $5 billion—at season's end in 2026, though senior figures confirmed this will not affect Newcastle.
- Infrastructure projects and the future of St James' Park remain priorities as Newcastle considers stadium expansion to bridge revenue gaps and support the goal of consistently winning trophies.
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'Saudi backers are fully behind Newcastle'
Eddie Howe said Friday he was certain that Newcastle's Saudi backers remain firmly behind the club's efforts to establish itself as one of the best in the world. The 48-year-old Magpies boss said he had held "constructive" discussions with Yasir Al-Rumayyan, governor of Saudi Arabia's Public Investment Fund (PIF), which holds an 85 per cent stake in the Magpies. Al-Rumayyan is also the chairman of the Premier League club. The PIF said Thursday i…
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Total News Sources12
Leaning Left3Leaning Right2Center3Last UpdatedBias Distribution38% Left, 37% Center
Bias Distribution
- 38% of the sources lean Left, 37% of the sources are Center
38% Left
L 38%
C 37%
R 25%
Factuality
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