Newcastle United chairman Yasir Al-Rumayyan admits it is unlikely Saudi Arabia's Public Investment Fund (PIF) will seek to buy other major European clubs following their purchase of the Magpies almost 12 months ago. However, the possibility of adding smaller sides to the portfolio doesn't seem to be off the table.
Prior to the Newcastle takeover, PIF were heavily tipped to invest in a swathe of outfits in other European leagues, none more so than Italian giants Inter Milan. All talk of adding another major side to the sovereign wealth fund's roster went quiet until earlier this week when Al-Rumayyan was quizzed directly on PIF's plans to expand their footballing arsenal away from the Premier League.
The PIF Governor admitted it was unlikely but did concede there was a possibility of a few smaller clubs being eyed in the future. "It is unlikely that we will invest in other European clubs," Al-Rumayyan admitted. "At most a few small clubs to increase our investments."
