As well as owning Newcastle United, PIF has numerous sports interests and investments, including LIV Golf and F1
Yasir Al-Rumayyan, chairman of Newcastle United, is committed to the club
Newcastle United chief Yasir Al-Rumayyan has revealed the sovereign wealth fund remains stable and committed to its investments.
As well as owning Newcastle, PIF has numerous sports interests and investments, including LIV Golf and F1. However, the Middle East is currently facing a period of instability due to conflict between Iran, Israel and the US escalating across the UAE, Qatar, Kuwait, Saudi Arabia and Bahrain.
But Al-Rumayyan said: “The Saudi microeconomic and physical position remains strong, stable, and resilient.
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“And the PIF’s portfolio is well diversified and structurally resilient. We are a long-term patient investor. We measure our returns not in quarters, but in decades. And PIF remain committed to its investments around the world.”
Speaking at the FII Priority Miami 2026 event, Al-Rumayyan also revealed the PIF plans to reveal its next five-year strategy in the “next few weeks”.
He said: “We want to get more and more people to work with us, to encourage third-party capital to work with us.
Newcastle United chairman Yasir Al-Rumayyan with Paris Saint-Germain’s Qatari president Nasser Al-Khelaifi and football advisor Luis Campos
“Initially, in the previous strategy, we wanted to do most of the investments by ourselves, and it’s all equity.
“Now we are looking into it in a greater way, how to invite people to come and work with us. And I’m not talking only about the domestic investors, the local investors to come and work with us, but I’m talking about the international investors.”
As revealed by Chronicle Live this week, PIF remain 100% committed to the Newcastle cause despite talk of the club being for sale for £1bn.
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