The Saudi Public Investment Fund (PIF) is reportedly seeking to acquire InfraBridge's 49% stake in Newcastle Airport, which is valued at £1 billion.
Newcastle United's resurgence under the Saudi PIF is notable, with significant investment leading to a fourth-place finish in the Premier League and Champions League qualification.
The PIF aims to diversify Saudi Arabia's economy and has invested over £450 million in Newcastle United to transform the club into a competitive powerhouse.
Despite challenges posed by FFP and PSR rules limiting spending, recent developments indicate the PIF remains committed to Newcastle's growth and infrastructure upgrades.
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