Newcastle owners take majority stakes in four Saudi clubs including Al Nassr

The Saudi sovereign wealth fund which owns Newcastle has taken majority stakes in four of the Middle Eastern country's biggest clubs, including Cristiano Ronaldo's team Al Nassr. The Public Investment Fund (PIF) is taking 75 per cent stakes in Al Nassr, Asian Champions League finalists Al Hilal, Al Ahli and Al Ittihad, who are understood […] The post Newcastle owners take majority stakes in four Saudi clubs including Al Nassr appeared first on Soccer News.