Howe says Saudi owners’ desire for success at Newcastle remains unchanged
Summary
Newcastle United’s manager Eddie Howe said the club’s Saudi Arabian owners, the Public Investment Fund (PIF), are still strongly committed to the team’s success. Although PIF will end its funding of the LIV Golf series in 2026, they remain focused on long-term planning and winning trophies with Newcastle.Key Facts
- Newcastle United is owned by the Saudi Public Investment Fund (PIF), chaired by Crown Prince Mohammed bin Salman.
- PIF plans to stop funding the LIV Golf series at the end of the 2026 season after spending over $5 billion since 2022.
- Despite cutting ties with LIV Golf, PIF continues to invest internationally, including in sports.
- Newcastle’s manager Eddie Howe attended recent constructive meetings with PIF representatives about the club’s future.
- Howe said the owners still want Newcastle to reach the top of the Premier League and win many trophies.
- Newcastle achieved success under Saudi ownership, qualifying twice for the Champions League and winning the League Cup last year.
- The club is currently 14th in the Premier League after four losses in a row this season.
- Howe remains committed to his job and believes the team must show positive results on the field.
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