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The Latest Breaking News from Rumayyan

Newcastle’s PIF owners to question Eddie Howe next week on poor run of form

Eddie Howe will discuss Newcastle’s declining form with the club’s Saudi Arabian majority owners in a scheduled board meeting next week

The Guardian - UK

Saudi Arabia abandons plans to host 2035 Rugby World Cup amid funding cutback

Saudi Arabia’s Public Investment Fund is undergoing a ‘value realization’ of its economic plan and its governor Yasir al-Rumayyan said the Iran war is adding ‘pressure to priorities’

The Guardian - UK

The unlikeliest of tactical chameleons: how Howe is holding Newcastle together

The manager, once regarded as a purist, unsettled Liverpool with his team’s direct style amid the Alexander Isak stand-off

The Guardian - UK

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‘Tainted victory’: Newcastle’s Saudi influence still divisive after success

Concerns about the club’s ownership remain strong despite the euphoria of ending a 70-year wait for a domestic trophy

The Guardian - UK

PGA Tour stands firm on golf reunification despite Saudi $1.5bn offer

Saudi Arabia’s Public Investment Fund has failed in an attempt to persuade the PGA Tour to deliver serious concessions in exchange for a $1.5bn (£1.14bn) investment

The Guardian - UK

Golf’s peace deal is no closer – is it time for PGA Tour to end talks with LIV?

With the PGA Tour’s marquee event approaching and Trump’s intervention seemingly unsuccessful, the sport is at a crossroads

The Guardian - UK

Rory McIlroy hits out at Greg Norman as Scottie Scheffler wins Players’ title

Rory McIlroy said Greg Norman has done the Saudi Public Investment Fund a ‘disservice’ as Scottie Scheffler won a second consecutive Players Championship

The Guardian - UK

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Sport can’t afford to look away from damage done by deals with Saudi Arabia

Allegations against Newcastle chairman Yasir al-Rumayyan could mean potential reputational cost to myriad sports

The Guardian - UK

Newcastle chairman faces £58m lawsuit for ‘carrying out’ malicious instructions

Newcastle United’s chairman, Yasir al-Rumayyan, is alleged to have ‘carried out the instructions’ of Saudi Arabia’s crown prince Mohammad bin Salman with ‘malicious intent’

The Guardian - UK

‘It’s not a fad’: the truth behind Saudi Arabia’s dizzying investment in sport

From the star-studded Pro League to golf, F1 and cricket, the kingdom’s strategy is as cynically ambitious as it is controversial

The Guardian - UK

How the Saudi Arabian takeover changed Newcastle United

Staff morale has improved and the women’s team have been made fully professional – but there is still a deafening silence on human rights issues

The Guardian - UK

PIF Proposed Yasir Al-Rumayyan To Gain Augusta National Membership

Documents show PIF wanted Governor Yasir Al-Rumayyan to be considered for Augusta and R&A membership

Golf Monthly

LIV Golf confounding doubters again with no sign of disbanding

Recently announced alliance with PGA and DP World Tours sparked talk of an early end for LIV Golf but this is the elite golf element with momentum

The Guardian - UK

LIV players give PGA Tour cold shoulder as Saudis plan further expansion

A number of LIV Golf’s leading players have made it clear to Yasir al-Rumayyan, the governor of Saudi Arabia’s Public Investment Fund, that they have no interest in returning to regularly compete on the PGA Tour

The Guardian - UK

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The Guardian - US

US Senate asks governor of Saudi wealth fund to testify over LIV-PGA merger

Invitation raises possibility Yasir al-Rumayyan could be questioned under oath about execution of Jamal Khashoggi

Asharq Al-Awsat

Crown Prince Mohammed bin Salman Led ‘Difficult Missions’

In mid-January, the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, said that Saudi Arabia had become a bright spot for the world and regional economies. Speaking at a session at the World Economic Forum (Davos), Georgieva explained that when she visited Saudi Arabia, she was incredibly impressed…

Asharq Al-Awsat

Saudi PIF to Inject $266 Bn into New Projects

The Saudi Public Investment Fund invested nearly $1.3 billion in four national companies in the contracting sector during the last period, announced Governor Yasser al-Rumayyan. Rumayyan announced the establishment of a general department for national development to determine the strategic directions in economic development and measuring impact. The group launched…

Football London

Eddie Howe makes Newcastle owners admission as Premier League clubs demand talks over structure

Premier League clubs have been left angered by recent US court documents regarding Newcastle chairman Yasir al-Rumayyan

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Asharq Al-Awsat

Al Rumayyan: Saudi Arabia Seeks 100 Years of Economic Sustainability

Governor of the Saudi Public Investment Fund Yasir al-Rumayyan said the Kingdom seeks to develop a sustainable economy that can thrive 100 years from now. He underscored Saudi Arabia’s commitment to global climate action and efforts to develop renewable energies. Rumayyan made the remarks during the opening session of the…

Daily Mirror

LIV Golf chief outlines damage caused by Phil Mickelson's 'scary motherf******' interview

LIV Golf was almost over before it began after Phil Mickelson scared fellow professionals with his interview about their chiefs, but the Saudi bosses pressed ahead with their plans anyway

Asharq Al-Awsat

PIF's Airline to Launch First Flight in 2024

Saudi Crown Prince Mohammad bin Salman has given orders to exploit global economic opportunities following the COVID-19, Public Investment Fund (PIF) Governor Yasir al-Rumayyan revealed. Rumayyan said PIF made a 40 percent profit of about SAR35 billion from investments during the COVID-19 pandemic. He announced that the new airline that…

Chronicle Live

Yasir Al-Rumayyan and Newcastle United owners enjoy St James Park kickabout after Crystal Palace win

The Magpies' owners saw Newcastle win their sixth successive home match on Wednesday evening

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