Find out who owns the Premier League club Newcastle United FC, owners net worth, their source of wealth and ownership history of the club.
Newcastle United FC is a household name in the English Premier League and has been one of the most consistent teams over the years.
The Magpies just like many other soccer teams have gone through a series of ownership throughout their history
Who owns Newcastle United FC?
As of January 2025, Newcastle United FC is Public Investment Fund with 85% ownership stake while the remaining 15% is held by RB Sports & Media.
The purchase of the Newcastle United FC cost around $415 million according to Sporting News.
Newcastle United ownership list, net worth and source of wealth
Public Investment Fund
According to Wikipedia, the Public Investment Funds owns the majority shares (85%) of the Newcastle United Football Club following the takeover.
So who is the Public Investment Fund (PIF)?
The Public Investment Fund is the sovereign wealth fund of the Kingdom of Saudi Arabia. It is owned, financed and controlled by the Saudi Arabian government with an estimated
estimated assets worth US$930 billion.
The Public Investment Fund has come a long way since its creation in 1971 to enable investment of the country's national funds on behalf of the country. It is currently controlled by Crown Prince Mohammed bin Salman.
Source of wealth and other investments
The Public Investment Fund is simply a sovereign wealth fund created for the sole purpose of generating revenue other than oil which is the main revenue generating sector in the country. It is wholly funded by the Saudi Government.
Today, it stands out as one of the largest sovereign wealth funds globally with a significant asset.
The PIF has invested in numerous areas even before it's move to become the majority shareholder of Newcastle United FC. It has footprints in other sports included WWE, Golf and Association Football.
Here's a quick summary of the PIF investment projects and source of wealth
Technology
The PIF has invested heavily in the techno sector over the years of some of its notable investment including stakes in Posco Engineering & Construction Co., Uber, Boeing, Meta Platforms, Alphabet, Capcom, Nexon and other ventures according to Wikipedia.
Leisure, tourism and Entertainment
The Public Investment Fund owns Qiddiya an entertainment and tourism megaproject which are as follows
Six Flags Qiddiya
Six Flags Qiddiya is set to be one of the largest theme parks in the Middle East. It would have some fascinating features which includes Falcons Flight which is a roller coaster. It is currently under construction and planned to be a major tourism destination when completed.
Dragon Ball theme park
This would be a Dragon Ball theme park and include other attractions like roller coasters and other features.
Qiddiya Speed Park
It is a planned FIA Grade 1 motor racing circuit which is expected to host Formula One or MotoGP races.
The Red Sea Project
Red Sea Project is a tourism mega project that would feature hotels and other leisure centres including buildings for tourists on the red beaches of Saudi Arabia.
Neom
Rocco Forte Hotels
Sports and Entertainment
European football
The Public Investment Fund secured the takeover of English Premier League club Newcastle United FC £300m alongside RB Sports & Media.
LIV Golf
The PIF established the LIV Golf as a private LIV tour for professional golfers.
A detailed list of investment by the Public Investment Fund can be found on its official website and other resources online.
RB Sports & Media or David and Simon Reuben
David and Simon Reuben or the Reuben brothers are the minority shareholders of Newcastle United FC with a 15% stake in the club. They're regarded as one of the richest families in the United Kingdom with an estimated net worth of £24.9 billion.
David and Simon Reuben source of wealth
The Reuben brothers are property investors mainly across the United Kingdom. They're involved in the Real Estate business.
Here's a quick summary of their business ventures and source of wealth
Real Estate
The Reuben Brothers are heavily involved in the Real estate industry across the United Kingdom are some of their properties including Millbank Tower, John Lewis Partnership headquarters and the American Express offices in Victoria, Central London.
They also own other properties across the United Kingdom.
Aldergate Investments
The Reuben brothers also invested in the luxury leisure industry.
Sports
Newcastle United Football Club
The Reuben brothers had a 15% stake in the Premier League Newcastle United FC following the announcement of the club's takeover in 2020 alongside the Saudi Arabia Public Investment Fund.
Arena Racing Company
The Reuben brothers owns the Arena Racing Company, a private company involved in Leisure and horse racing.
Entertainment
EDGLRD
The Reuben brothers have a stake in EDGLRD creative and technology company.
Newcastle United FC ownership history
Newcastle United FC is one of the English teams with a rich history. The club has gone through different phases throughout its history.
Newcastle United (private company limited by shares)
The club was set up as a private company limited by shares in 1895. The majority of shares were held by McKeag, Westwood and Seymour family ownership.
The club was later floated on the stock exchange as a public limited company by John Hall who bought 72.9%. This saw a sale of less than half shares to the Hall family and the remaining shares to Freddy Shepherd.
Mike Ashley (2004-2021)
Mike Ashley reportedly bought the remaining shares of Freddy Shepherd and became the new owner of the club.
Under his ownership, the club recorded mix results and were traversing between the English Premier League and the EFL Championship.
Public Investment Fund and Reuben brothers
The Public Investment Fund and Reuben brothers are the current owners of Newcastle United FC following the takeover for a reported fee of £305 million.
Newcastle United FC history - when was the club founded?
Newcastle United FC is one of the oldest teams in the English Premier League. It was founded in 1892.
Club Stadium
Newcastle United FC currently plays its home games at the St James' Park stadium which has a seating capacity of 52,305, making it one of the biggest stadiums in the English Premier League.
Newcastle United FC Trophies and Achievements
The club has an impressive trophy cabinet. The club has won the First Division now the Premier League four times.
In other domestic competitions, Newcastle United have won six FA Cup titles and one FA Charity Shield.