Everton’s former chief Keith Wyness has insisted Newcastle United owners PIF (Saudi Public Investment Fund) would have to sell the club to invest in Liverpool.
The 66-year-old, who ran a football consultancy advising elite teams after serving as CEO at Goodison Park from 2004 to 2009, emphasized that a Saudi acquisition of Anfield is still “a long way” off from becoming a reality in an interview with Football Insider’s Inside Track podcast.
ESPN (10 September) reports that John Henry, the owner of Fenway Sports Group, the parent business of Liverpool, has teamed up with PIF to mediate the merger of the PGA Tour and LIV Golf.
Earlier this month, discussions on Saudi Arabia’s $1 billion investment in the PGA Tour took place in New York.
Despite Henry’s relationship with PIF executives, Wyness stated to Football Insider on September 18 that Liverpool is not expected to get financing from Saudi Arabia.
After being acquired by in 2021, Newcastle has developed into a well-known team in the top half of the Premier League.
PIF could sell Newcastle to buy Liverpool as ‘rumours’ fly, says Wyness
Wyness stated on the Insider Track podcast of Football Insider: “If PIF were to take on Liverpool, they would have to sell Newcastle.
However, it will take a while to see how it works out.
“I’m hearing a lot of rumors right now since they seem to be quite wealthy.
“These rumors fly when you have money; you’re either gonna take over golf, like they’re doing with LIV, or you’re gonna take over all these sports.”
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