After the LIV announcement: PIF remains as Newcastle owner

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After the LIV announcement: PIF remains as Newcastle owner
Photo: Ian Walton /AP/TT

"The ambition is the same. It's about trying to get to the top of the Premier League and trying to win as many titles as possible on a regular basis," he says, according to the BBC.

On Thursday, it was announced that Saudi Arabia's sovereign wealth fund (PIF) would stop funding the LIV Golf tour after this year. On the same day, PIF met with Newcastle, of which the fund has been a majority owner since 2021.

"The long-term planning that is clearly underway, at several different levels, means that exciting times lie ahead for the club," says Howe, who was at the meeting.

Newcastle's only title since PIF took over as owner came in 2025 when the team won the League Cup. Newcastle are currently in 14th place in the Premier League with four games left to play.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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