PIF could sell Newcastle and buy Liverpool in stunning twist - Keith Wyness
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.
Speaking on the new edition of Football Insider’s Inside Track podcast, the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – stressed that we are a "long way" away from a Saudi takeover at Anfield becoming a reality.
According to ESPN (10 September) the owner of Liverpool’s parent company Fenway Sports Group, John Henry, has joined forces with PIF to broker the merger of the PGA Tour and LIV Golf.
Talks were held in New York earlier this month over a $1 billion injection into the PGA Tour from Saudi Arabia.
Wyness told Football Insider on 18 September that Liverpool are unlikely to see investment from Saudi Arabia despite Henry's involvement with PIF chiefs.
Newcastle were purchased by in 2021 and have since become an established club in the top half of the Premier League.
PIF could sell Newcastle to buy Liverpool as 'rumours' fly, says Wyness
Wyness told Football Insider‘s Insider Track podcast: “PIF would have to sell Newcastle if they were to come in at Liverpool.
“But we’re a long way from seeing how that would play out.
“At the moment, there’s lots of rumours that I'm hearing, because they’ve got lots of money.
“When you have money, all these rumours fly - you’re either taking over golf, as they’re doing with LIV, or taking over all sorts of sports.”
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