It has been a quiet start to the summer transfer window for Newcastle United. Despite being bankrolled by PIF, the world’s wealthiest owners, the Magpies are keen to make a breakthrough in the market.
PSR restrictions are not gripping Newcastle as tightly as previous windows but they prevent unleashing a bottomless pit on wor,d football. But just how deep are the Saudi-backed ownership’s pockets?
A quick delve into the finances shows a scary outlook for the rest of the Premier League. Softening restrictions would transform Newcastle into a major player overnight.
Take a look at the Saudi Pro League - also propped up by PIF - who have attracted leading stars due to money alone. Imagine having the pull of a Premier League club as well? Toon fans would be in dreamland.
Is this why many believe the elite top-flight clubs are cunningly conspiring to keep Newcastle out of the party? Take a look at how rich the Magpies are compared to the rest of the division.
Net worth: £478billion
1. Newcastle United - Saudi Public Investment Fund, RB Sports & Media
Net worth: £478billion | Getty Images
Net worth: £19.2billion
2. Manchester United - The Glazer family, Sir Jim Ratcliffe
Net worth: £19.2billion | Getty Images
Net worth: £13.8billion
3. Aston Villa - Wes Edens, Nassef Sawiris
Net worth: £13.8billion | Getty Images
Net worth: £12.9billion
4. Manchester City - Abu Dhabi Group, Silver Lake
Net worth: £12.9billion | AFP via Getty Images