PIF completed the takeover of Newcastle United back in 2021 and the investment group are now looking to expand their portfolio and buy more clubs in France or Belgium.
As per reports, the Saudi investment group are looking to emulate Premier League champions Manchester City and they are hoping to buy a number of clubs across Europe where they can send players from Newcastle unknown and help them develop.
The model has worked wonders with Manchester City and it could help Newcastle develop into a footballing powerhouse as well.
The Magpies have certainly shown great improvement since their takeover and they are currently pushing for Champions League qualification.
Newcastle have put together a talented squad that is likely to improve further in the coming months.
It remains to be seen whether PIF can complete the acquisitions of other European clubs and establish a footballing empire in the coming seasons.
Meanwhile, Newcastle are now fifth in the league table and they will be desperate to finish in the top four. They managed to reach the final of the Carabao Cup as well, where they were beaten by Manchester United.
We are not desperate to win a 4th spot anywhere in the top six is fine. Reaching the final of CC was amazing work from the team and board only bringing few players we only created a A team worthy to challenge I never thought we’d get here so quick great job lads not only Howie but players for pulling up there sock’s we need more players for stages like this if we are going to compete seriously in the premier league or cup games, I wonder what would have happened if only Mike Ashley had same thoughts about the club as the new owner have now when he first took over. The club is worth alot more then 300+million were amongst the teams in top flight I’ll not say big teams cause we’re bigger in every way it’s not about the money we always have been and they all know it that’s what scares them all. COMON THE TOON. p.s We need more seat wish i could have bought a season ticket.🖤🤍