The Closer: Deals Change the World cover image

The Closer Weekly: The Saudis and the Soccer Team

The Closer: Deals Change the World

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The Saudi Arabian Investment Fund and the PIF

Newcastle United is owned by the Saudi Arabian government, but technically on paper, they do not control the club. So there are minority owners, co-owners, and the sort of head of that is a woman named Amanda Stavely who runs PCP Capital Partners. She was working to get PIF to own Newcastle United. That's what she was working to do. And having her her consortium be a small co-owner of this larger consortium is part of that structure.

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