Finance Expert: Newcastle face PIF spending blow after LIV Golf update emerges

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(Credit: Imago) Mon 20 April 2026 18:15, UK Newcastle United’s owners don’t have the appetite to spend “aggressively” after an update has emerged around LIV Golf. The reports have raised questions around PIF’s investment in Newcastle, with the rebel league run by the club’s chairman Yasir Al-Rumayyan. 💰 Newcastle Finance Update 💰 Inside the PIF transfer budget, player wages, commercial growth, PSR updates and boardroom developments at St James’ Park.

Financial MetricValueTotal Revenue£335mCommercial revenue£123mPre-tax profit£35mWages£243mNewcastle’s accounts for last seasonSpeaking exclusively to Football Insider, Borson discussed what PIF potentially pulling out of LIV Golf could mean for Newcastle moving forward. They haven’t aggressively spent anywhere near what they spent on LIV Golf at Newcastle anyway.

But the reality is that they’ve been relatively conservative in the way that they’ve approached it.” What sponsor deal says about Newcastle owners’ spendingBorson suggested PIF may be reluctant to spend big at St James’ Park despite previous expectations the ownership group were going to back the club heavily. LIV and Saudi PIF not responded to requests for comments since early Tuesday evening. https://t.co/PRPZ0Rj67H— Adam Crafton (@AdamCrafton_) April 15, 2026 View Tweet “They certainly did a brilliant job with the sort of bang per pound that they put in for the first initial tranches.