It seems like a matter of time until the sale of Newcastle United Football Club is completed, with the Saudi Arabian Public Investment Fund set to purchase the club from Mike Ashley. The PIF is essentially the sovereign wealth fund of Saudi Arabia and they have estimated assets of over £264billion, which means they’ll soon catapult onto the list of the most wealthy owners of sports clubs and franchises in the entire world. However, where will they sit on that list of wealthy owners? We’ve taken a look at the current top ??? to find out! (All figures from Forbes and Business Insider)
Where will Newcastle’s new owners sit in terms of the world’s richest sports owners?
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