Chelsea owner Todd Boehly has revealed that Cain International have teamed up with Saudi Arabia's Public Investment (PIF) to 'offer something that is rare' following a $900m investment in a luxury hotel group.
Cain have collaborated with the PIF, who, of course, own an 80% stake in Newcastle United, in supporting the Aman Group's global expansion of hotels and residences. Boehly sits on the board of Cain while another of Chelsea's part-owners, Jonathan Goldstein, is the company's CEO.
Although this deal, obviously, has nothing to do with football, it is another example of the growing relationship between Newcastle and Chelsea's owners. Boehly, for one, already knows Amanda Staveley well and the American has predicted the top six will become 'the big seven' with Newcastle.
