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Sport
Matty Hewitt

Yasir Al-Rumayyan's investment plan after Newcastle United takeover and multi-club claim

Newcastle Untied chairman Yasir Al-Rumayyan has not ruled out investing in 'small clubs' around the globe after completing a takeover at St. James' Park almost a year ago. The Magpies owners have long been linked with clubs around the world, including Serie A giants Inter Milan, as they look to replicate Manchester City's successful multi-club business model.

The City Group are on the brink of buying second tier Brazilian club Bahia the 12th club in their portfolio, in a reported £175million deal. As things currently stand, Newcastle are the only club that PIF own and the Magpies chairman has discussed the problems with taking over bigger clubs across the glob.

Alwaleed Aldebasi, a Newcastle United fan based in Saudi Arabia, translated Al-Rumayyan's recent interview, summarising in what the Magpies chief said in a Twitter thread. One tweet which stand out in particular is: "We have potential in sport investments to move forward. Hard to buy big clubs now unless we buy small clubs and also we want to see what we could do in kingdom of Saudi Arabia too."

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