Are the Saudi's bored of owning Newcastle?
Saudi Arabia's PIF spent around £6 billion reshaping world sport in the last four years — buying golf tours, funding billion-dollar boxing purses, and turning an obscure football league into a global talking point.
Now the money is running out. LIV Golf loses its funding after 2026. Saudi football clubs are being sold off. Oil prices are falling, cash reserves are at a decade low, and sport has been quietly dropped from the PIF's priority list entirely.
How much has the war in the Middle East shaped their decision? Yasir Al-Rumayyan was seen at St James's Park at the weekend... but will they…
The skinny
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