The Latest Breaking News from PIF

Emails reveal UK Government involvement in Newcastle United's Saudi takeover

Emails obtained suggest the UK government may have applied pressure on the Premier League to positively influence the PIF's takeover

FourFourTwo · Apr 6, 2023

UK Government emails reveal Newcastle United takeover concerns and involvement with Saudis

Newcastle United's £300m takeover is back in the headlines after emails appear to show the UK Government actively trying to influence the deal

Chronicle Live · Apr 6, 2023

Saudi Arabia discloses investment in dozens of VCs

Saudi Arabia has invested in technology and other sectors in a bid to diversify the country’s economy away from oil.

Fortune · Apr 4, 2023

Newcastle United face fresh government scrutiny, but Premier League chief 'cannot really comment' on if Saudi ownership is being re-examined

Claims about Saudi Arabia's involvement in the running of Newcastle have resurfaced following an American court case

FourFourTwo · Mar 28, 2023

Newcastle serve Manchester United a takeover warning amid potential Premier League investigation

Man United's takeover process is continuing but Newcastle's situation highlights potential issues

Manchester Evening News · Mar 28, 2023

Premier League offers no comment on whether Newcastle face investigation

The chief executive of the Premier League has told MPs he cannot comment on whether Newcastle’s links with Saudi Arabia are being reinvestigated in light of a recent US court case

The Guardian - UK · Mar 28, 2023

Premier League ‘can’t comment’ on whether Newcastle probe is taking place

Richard Masters, the chief executive of the Premier League, said he was “aware” of court documents published in the United States last month.

The Independent UK · Mar 28, 2023

Richard Masters quizzed over potential Premier League investigation into Newcastle United takeover

Premier League chief executive Richard Masters has been asked about a potential investigation into the takeover of Newcastle United

Chronicle Live · Mar 28, 2023

'I'm Not Tiger Woods' - Pieters Happy To Trade Legacy For 'Financially Amazing' LIV Move

Thomas Pieters describes PGA Tour life as 'lonely' and defends LIV Golf move for the happiness of his family

Golf Monthly · Mar 24, 2023

Moody's Changes Saudi PIF's Outlook to Positive

Moody's has changed its outlook on Saudi Arabia’s Public Investment Fund (PIF) from "stable" to "positive" and affirmed its long-term issuer and senior unsecured ratings at A1. According to the performance evaluation, the rating reflects PIF's standalone creditworthiness as expressed by a BCA of A1.

Asharq Al-Awsat · Mar 24, 2023