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Lee Ryder

Newcastle United owners announce new company with early suggestions of club sponsor tie up

Newcastle United's Saudi backers PIF have announced a new company in Riyadh Air with suggestions already in the Middle East there could be a link up with the Magpies.

Riyadh Air will have an "operational hub" in the city, and will connect the Saudi capital to over 100 destinations globally. United supremo Yasir Al-Rumayyan will be at the centre of the new operations as chairman.

A PIF statement read: "Riyadh Air will be chaired by His Excellency Yasir Al-Rumayyan, Governor of PIF, while Tony Douglas, who brings more than 40 years of experience in the aviation, transportation and logistics industries, has been appointed Chief Executive Officer. "The airline’s senior management will include Saudi and international expertise.

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