Thursday, December 2, 2021

Newcastle´s new owners at St James´ Park as PIF era begins against Tottenham

SoccerNews in General Soccer News 17 Oct 2021

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Newcastle United’s new owners were at St James’ Park for the first game of the PIF era against Tottenham, who named Son Heung-min in their starting XI.

Last week saw Mike Ashley’s 14-year tenure as owner at Newcastle come to an end as a long-awaited takeover was completed.

Saudi Arabia’s Public Investment Fund (PIF) took an 80 per cent stake in the club. Amanda Staveley’s PCP Capital Partners and the Reuben brothers’ RB Sports & Media each took on 10 per cent.

With PIF having estimated total assets of at least $500billion, their financial backing is expected to transform Newcastle into a club that will consistently compete for major trophies.

The club’s new chairman Yasir Al-Rumayyan was among those in attendance to watch Newcastle attempt to get their first Premier League win of the season.

Callum Wilson returned to Newcastle’s XI having recovered from a thigh injury, while Tottenham were able to call on Son to play up front with Harry Kane.

Before the game, Spurs clarified the situation surrounding the results of COVID-19 tests for two unnamed players who had returned from international duty.

“Following a number of reports regarding the health of our players, the club would like to provide clarity to events of the past 48 hours,” a Tottenham statement read.

“After further analysis following Premier League protocol, two players – whose names will not be disclosed due to medical confidentiality – returned false positive tests for COVID-19 on Friday after returning from international duty.”

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