Keith Wyness, former Everton manager, has stated that Newcastle United’s owners, PIF (Saudi Public Investment Fund), must sell the club in order to invest in Liverpool.
Speaking on the latest episode of Football Insider’s Inside Track podcast, the 66-year-old, who was CEO at Goodison Park from 2004 to 2009 and now heads a football consultancy advising elite clubs, highlighted that a Saudi purchase of Anfield is still a “long way” off.
According to ESPN (10 September), John Henry, the owner of Liverpool’s parent business Fenway Sports Group, has teamed up with PIF to negotiate the merger of the PGA Tour and LIV Golf.
Earlier this month, talks were held in New York over Saudi Arabia’s $1 billion investment in the PGA Tour.
On September 18, Wyness told Football Insider that Liverpool is unlikely to receive funding from Saudi Arabia despite Henry’s connection with PIF officials.
Newcastle was purchased in 2021 and has since established itself as a top-tier Premier League club.
Wyness, speaking on Football Insider’s Insider Track podcast, suggested that PIF may sell Newcastle to acquire Liverpool.
“PIF would have to sell Newcastle if they were to sign with Liverpool.
“But we’re a long way from knowing how it will play out.
“At the moment, I’m hearing a lot of rumors since they’re quite wealthy.
“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.”
