PIF and Reuben brothers to acquire the remaining 6% stake in Newcastle United from PCP Capital Partners.

PIF, Saudi Arabia’s sovereign wealth fund, and the Reuben brothers agreed to acquire the remaining 6% stake in Newcastle United, a professional association football club based in Newcastle upon Tyne, Tyne and Wear, from PCP Capital Partners, an investment service in London. Financial terms were not disclosed. "Amanda and Mehrdad will forever have our tremendous thanks and well-wishes as they move on to focus on their other business interests. We have achieved so much together since 2021, including achieving Champions League football in our first full season as stewards of this incredible club. The ownership group, together with CEO Darren Eales and the club's executive team, will continue to build on these foundations for long-term, sustainable success for the team and our amazing fans, and we are excited about the future prospects for Newcastle United," Yasir Al-Rumayyan, Newcastle United Chairman.