EXCLUSIVE: Newcastle owners PIF establish £400m investment plan amid PSG talks

EXCLUSIVE: Newcastle owners PIF establish £400m investment plan amid PSG talks

The new majority owners of Newcastle United, the Public Investment Fund, are pushing ahead with the plans to expand their portfolio of clubs with Marseille emerging as a top target for the group, TEAMtalk understands.

We understand that the relationship between Saudi Arabia and Qatar has improved so much, since they came to an agreement over the Premier League rights in their region, that they are even taking advice off them.

The key factor in PIF being able to take control of Newcastle was their new agreement with Qatar, which even saw them agreeing to pay an out-of-court settlement.

Now they are holding talks with Qatar Sports Investment, who own Paris Saint-Germain, about investing in French football. Marseille are in their sights.

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