Newcastle United ownership group to invest further $80.4m of equity in club

by gulftimes


Wed, 2022-11-09 18:43

Newcastle United’s ownership group, which comprises Saudi Arabia’s Public Investment Fund, PCP Capital Partners and RB Sports & Media, has committed to invest a further $80.4 million of equity into the club, an official statement has confirmed.

This amount will bring the group’s total investment to more than $514 million since the takeover in Oct. 2021.

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