Shock Saudi Arabia decision will have MAJOR impact on PIF Liverpool bid
Liverpool have had plenty of success under current owners Fenway Sports Group but this hasn’t stopped rumours of a potential Saudi takeover from swirling.
Earlier in October it was reported that Saudi Arabia’s Public Investment Fund (PIF) were keen on continuing their expansion into football, potentially with the acquisition of a top Premier League team.
The PIF currently own Newcastle United, but a recent report from The Independent claims they could be looking to invest in a ‘bigger’ club, with Liverpool, Chelsea and Barcelona mentioned.
Now it is being reported that the PIF are looking to cut back on international investments, focussing instead on domestic projects and the domestic economy.